What is the wealthiest city in Michigan?
Bloomfield Hills is the wealthiest place in Michigan. Most households in the area earn over $170,000 a year — more than triple the median annual household income statewide of $55,000.
What is the richest county in Michigan?
Michigan counties by per capita income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Oakland | $56,138 |
| 2 | Leelanau | $32,194 |
| 3 | Livingston | $31,609 |
| 4 | Washtenaw | $31,316 |
What’s the most expensive place to live in Michigan?
Top ten most expensive cities in Michigan
| City | Average Price | |
|---|---|---|
| #1 | Birmingham | $1,099,968 |
| #2 | Bloomfield Hills | $1,070,063 |
| #3 | Harbor Springs | $636,628 |
| #4 | New Buffalo | $583,315 |
What is the poorest city in Michigan?
Hamtramck ranks the poorest of Michigan towns, study finds
| State | Poorest Town | Population |
|---|---|---|
| Michigan | Hamtramck | 21,941 |
| Minnesota | Little Falls | 8,664 |
| Mississippi | Yazoo City | 11,076 |
| Missouri | Unionville | 1,998 |
How many billionaires are in Michigan?
Forbes’ annual list of the richest people on the planet features 20 people with ties to Michigan. The list includes 10 people currently living in Michigan, two fewer than last year after Amway co-founder Richard DeVos died in September and former Stryker Corp.
What is the most beautiful city in Michigan?
The 10 Most Beautiful Towns In Michigan
- Traverse City. Considered one of the best small towns in America, Traverse City offers an array of outdoor recreational activities, from biking and hiking to kayaking and paddle boarding. …
- Frankenmuth. …
- Marquette.
What is considered rich in Michigan?
To be in the top 1 percent in Michigan, it takes $306,740, according to the report. Compared to Memphis, Tennessee, where residents must earn at least $99,618 to be rich, that might seem steep.
Is Michigan a safe state?
The crime situation in Michigan is one of contrasts: the state has 1 of the top 15 highest violent crime rates in the U.S., yet its property crime rate is well below the national level. Beverly Hills, another Oakland County suburb, is Michigan’s 4th safest municipality. …
What is middle class income in Michigan?
Range of household incomes needed to be considered middle class, by family size
| State | Single | Family of four |
|---|---|---|
| Maine | $25,676 – $77,028 | $51,352 – $154,055 |
| Maryland | $28,572 – $85,717 | $57,144 – $171,433 |
| Massachusetts | $28,129 – $84,386 | $56,257 – $168,772 |
| Michigan | $24,345 – $73,035 | $48,690 – $146,071 |
Is it cheaper to live in Michigan?
Our cost of living indices are based on a US average of 100. An amount below 100 means Michigan is cheaper than the US average.
…
Michigan cost of living is 89.6.
| COST OF LIVING | Michigan | United States |
|---|---|---|
| Health | 86 | 100 |
| Housing | 65.5 | 100 |
| Median Home Cost | $151,400 | $231,200 |
| Utilities | 100.1 | 100 |
Is Michigan expensive to live in?
Grand Rapids, Michigan is one of the most affordable cities in America, with a reputation as a place where people and businesses can get more for their money. The 2019 cost of living in Michigan is low compared to other US states. Check out our cost of living calculator below for side by side city comparisons.
What is the poorest county in Michigan?
The following Michigan counties have the highest poverty rates:
- Isabella County (mid-Michigan): 23.4%
- Lake County (northern Michigan): 22.3%
- Wayne County (southeast Michigan): 21.7%
- Luce County (northern Michigan): 20.7%
- Clare County (northern Michigan): 20.6%
Is Michigan a poor state?
All data are from the United States Census Bureau.
…
States, federal district, and territories.
| Rank | 34 |
|---|---|
| State | Michigan |
| 2019 Poverty rate (percent of persons in poverty) | 13.0% |
| 2014 Poverty Rates (includes unrelated children) | 27.6% |
| Supplemental Poverty Measure (2017–2019 average) (Geographically Adjusted) | 9.7% |
Who is the richest man in Michigan?
Larry Page – $50.8 billion
secured a place on the top 10 billionaires in the world. His net worth makes him the richest person in Michigan.
How poor is Michigan?
Roughly 16 percent of Michigan residents – including one in four (23%) of its children and 17 percent of its senior citizens – live in poverty. … Poverty weakens families and increases health risks, driving up social and medical costs for everyone.