Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably aren’t made of ticky tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Grand Rapids has to offer. Where houses go for over 0.87x the national median and household incomes are 1.28x the national median.
But where exactly in Grand Rapids do the richest of the rich people live? That would be Ridgemoor where the median income is a cool $130,959.
Here’s a look at the top 10 richest neighborhoods in Grand Rapids out of 32 for 2018:
- Cherry Run
- Fulton Heights
- Michgan Oaks
- Ottawa Hills
- Westside Connection
- Norteast Citizens Action
- Alger Heights
Summing up the median income of those 10 neighborhoods adds up to $560,813. And that my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.
Continue on to find where your neighborhood ranks amongst the richest in Grand Rapids.
How We Determined The Most Well To Do Neighborhoods In Grand Rapids For 2018
Every city has it’s best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live.
And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we really mean you because there’s always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
Which neighborhoods have the highest median income?
We ranked every neighborhood in Grand Rapids by median income from highest to lowest. The neighborhood with the highest median income, Ridgemoor, was named the richest neighborhood in Grand Rapids.
The poorest neighborhood? That would be Black Hills.
Now a look at how all the neighborhoods in Grand Rapids ranked.
For more Michigan reading, check out:
Detailed List Of The Richest Neighborhoods In Grand Rapids For 2018
|Rank||Neighborhood||Median Household Income|
|9||Norteast Citizens Action||$51,769|
|11||John Ball Park||$46,952|
|17||South East End||$41,660|
|30||South East Community||$27,548|