Where do the richest people in Michigan live?

Barton Hills – The Richest City in Michigan Barton Hills, a village within Ann Arbor Charter Township, holds the coveted title of the richest city in Michigan. With a median household income surpassing $250,000 per year and an average household income of $421,909, it stands out as an affluent municipality in the state.

Where do the rich live in Michigan?

While best known for its beautiful lakes, bustling cities, and rich agricultural centers, Michigan is also home to many rich neighborhoods and wealthy communities. The richest cities in Michigan are Birmingham, Grosse Pointe Farms, and Beverly Hills.

Do any billionaires live in Michigan?

Eight Michigan billionaires have made Forbes magazine's 2023 list of the 400 wealthiest Americans — and the usual suspects from the Great Lakes State are on it.

What is the most expensive city to live in Michigan?

Using data from both 24/7 Wall St. and Go Banking Rates, Yahoo Finance compiled a list of the most expensive cities to live in each state. Per the list, the most expensive place to live in all of Michigan is Ann Arbor.

What is the richest suburb of Detroit?

These are the richest people in Michigan

Why was Detroit so wealthy?

Automobile wealth along with educational & technological advancements led to a boom in downtown Detroit business, and the construction of a collection of early 20th century skyscrapers.

Do any rich people live in Detroit?

By Crain's Detroit Business

Michigan accounted for eight people on Forbes' 2023 wealthiest Americans list, with Rocket Companies Chairman Dan Gilbert leading the pack by a healthy margin.

What is the richest part of Michigan?

Barton Hills, a village within Ann Arbor Charter Township, holds the coveted title of the richest city in Michigan. With a median household income surpassing $250,000 per year and an average household income of $421,909, it stands out as an affluent municipality in the state.

What's the nicest place to live in Michigan?

ANN ARBOR, Mich. –

The site recently released its “Best Places to Live in Michigan” list for 2023-2024, with Ann Arbor firmly in first place.

What is the safest place to live in Michigan?

Who is the wealthiest family in Michigan?

Dan Gilbert, the founder of Rocket Mortgage, formerly Quicken Loans, comes in at the richest in Michigan with a net worth of $21.3 billion.

Who is the richest celebrity in Michigan?

Michigan is home to a handful of billionaires, but most of them fall out of the category of celebrity. For instance, the richest person in Michigan overall is Dan Gilbert, the owner of the Cleveland Cavaliers and CEO of Rocket Companies (Rocket Mortgage, etc.).

Which state has no billionaires?

This is a list of U.S. states and federal district by the number of billionaires as of 2023; there are 756 billionaires living in the United States. They live in 43 of the 50 states. The only states with no billionaire residents are Alabama, Alaska, Delaware, New Mexico, North Dakota, Vermont, and West Virginia.

Why is Bloomfield Hills so wealthy?

Bloomfield Hills' residents hold professional or executive positions of authority (many associated with the major automakers or other Fortune 500 businesses) or high profile positions in professional sports. Many have chosen to live and remain in Bloomfield Hills for the quiet, wooded lots, privacy and stately homes.

Is Michigan a wealthy state?

The average income of Michigan's roughly 10 million residents in 2022 was $57,038, compared to a national average of $65,470, according to recently released census data. That means for every $1 the average U.S. resident earns, a Michigander earns just 87.12 cents.

What city in Michigan has the most mansions?

What City Has the Most Expensive Homes in Michigan? According to Stacker, the most expensive houses in the Great Lakes State can be found in Lake Angelus an affluent suburb of Detroit in Oakland County.

What is the nicest suburb in Michigan?

What part of Michigan is most beautiful?

Pentwater, Sleeping Bear Dunes National Lakeshore and Marquette are all included in the list titled "The 38 Most Beautiful Places in the World." The West Michigan tourism community of Pentwater is the highest rated Michigan locale on the list at No.

Is Michigan cheap or expensive?

Michigan is one of the less expensive states to live in—its cost of living is 8% lower than the national average.

What is the snobbiest city in Michigan?

Northville topped the list as “snobbiest” city in the Wolverine State. Other municipalities in southeast Michigan also filled out the top 10: Rochester (2nd), Plymouth (3rd), Royal Oak (4th), Troy (7th), Novi (8th).

What salary is considered rich in Michigan?

According to the study, the median income in Michigan is $63,202. The top 10% income is $213,981. So, if you make above $213,981, then congratulations, because you're officially rich.

What is the poorest town in Michigan?

The study says the town of Baldwin, Michigan, is the poorest town in the state. Baldwin is a small village in Lake County northwest of Big Rapids at the intersections of Highways 10 and 37. Out of 375 towns across the state that fit the criteria to be considered, Baldwin residents seem to struggle the most.