Richest Cities In Michigan For 2020


We analyzed 149 places in Michigan to determine where the 1% live.

Editor’s Note: Data has been updated for 2020. This is our fifth time ranking the richest cities in Michigan.

Swipe left for slideshow. Article continues below.

If you're looking for safe cities and neighborhoods, amazing schools, and high-end shopping, with a bank account to match, you can stop your search. There are cities in on our richest cities in michigan that have these 5-star amenities, and then some. And, yes, they are mainly centralized around Detroit.

To create this list, we asked ourselves, what is important to rich people? Besides the obvious: high paying jobs, affluent neighborhoods, gigantic homes, and Michelin rated restaurants, the cities on our list cater to the 'one percent' on a different level: they are posh, posh. Cities on our list like Grosse Pointe Farms offer beachfront access to Lake St. Clair and cities like Beverly Hills provide upscale golf courses that rival in comparison to Beverly Hills, California.

How does one get their hand on one of these Michigan gems where living your best life requires a boat load of coinage? Well, a couple of things have to fall into place for you. You need to find a job that pays way above average. Might we suggest a job in real estate in our number one richest city? And then you have to find a home with prices in this city close to $350,000. That's a lot of MIchigan cheddar, folks

To see which cities make the dolla' holla' on our top richest cities in Michigan for 2020, grab a bowl of potato pierogies, a nice quiet spot on Lake Michigan, Lake Superior, Lake Ontario, or Lake Erie, and take a look at the list below.

Did we mention that you either have to be the owner the Detroit Lions, in possession of the original Pasty (pronounced paw-sty) recipe, or a member of the DeVos family to live in our top richest cities in MIchigan for 2020?

In all seriousness, we narrowed down the richest cities in the Great Lakes State by looking at several factors: poverty rate, median household income, unemployment rate. The cities also had to have a population of at least 5,000.

What is the richest city in Michigan? Without further adieu, the richest in Michigan would be Huntington Woods.

To see how your city compared, or what cities made the top 10, take a look below.

Rich people not your cup of tea? Feel free to check out some more reading about Michigan:

The 10 Richest Cities In Michigan For 2020

East Grand Rapids, MI

Overall SnackAbility

10
/10

Population: 11,642
Rank Last Year: 5 (Up 4)
Median Income: $133,982
Unemployment Rate: 2.9%
Poverty Rate: 2.1%
More on East Grand Rapids: Real Estate | Data | Photos

East Grand Rapids is a city in Kent County in the U.S. state of Michigan. The city is located in the Grand Rapids metropolitan area and is located on the shores of Reeds Lake. As of the 2010 census, the city population was 10,694.

Beverly Hills, MI

Overall SnackAbility

7.5
/10

Population: 10,440
Rank Last Year: 2 (No Change)
Median Income: $116,107
Unemployment Rate: 2.8%
Poverty Rate: 1.5%
More on Beverly Hills: Real Estate | Data | Photos

Beverly Hills is a village in Southfield Township, Oakland County of the U.S. state of Michigan. It is a suburb of Detroit. As of the 2010 census, the population was 10,267 making it by far the most populous village in the state.

Northville, MI

Overall SnackAbility

10
/10

Population: 5,971
Rank Last Year: 6 (Up 3)
Median Income: $111,169
Unemployment Rate: 1.6%
Poverty Rate: 4.6%
More on Northville: Real Estate | Data | Photos

Northville is a city located in and divided by Oakland and Wayne counties in the U.S. state of Michigan. The area is a suburb of Metropolitan Detroit. The population was 5,970 at the 2010 census. Most of the city is in Oakland County and is surrounded by the city of Novi, while the other part is in Wayne County is surrounded by Northville Township. Northville is served by Northville Public Schools. The city is located 21 miles northeast of Ann Arbor and 29 miles northwest of Detroit.

Birmingham, MI

Overall SnackAbility

7.5
/10

Population: 21,066
Rank Last Year: 4 (No Change)
Median Income: $117,670
Unemployment Rate: 2.7%
Poverty Rate: 5.2%
More on Birmingham: Real Estate | Data | Photos

Birmingham is a city on the north side of Metro Detroit in the U.S. state of Michigan. As of the 2010 census, the population was 20,103.

Berkley, MI

Overall SnackAbility

10
/10

Population: 15,360
Rank Last Year: 7 (Up 2)
Median Income: $82,095
Unemployment Rate: 2.0%
Poverty Rate: 4.7%
More on Berkley: Real Estate | Data | Photos

Berkley is a suburb of Detroit located along the Woodward Corridor in southeastern Oakland County, Michigan. As of the 2010 census, the total population was 14,970.

Grosse Pointe Farms, MI

Overall SnackAbility

10
/10

Population: 9,224
Rank Last Year: 3 (Down 3)
Median Income: $132,853
Unemployment Rate: 3.5%
Poverty Rate: 2.8%
More on Grosse Pointe Farms: Real Estate | Data | Photos

Grosse Pointe Farms is a suburban town bordering Detroit located in Wayne County in the U.S. state of Michigan. The population was 9,479 at the 2010 census. It is bordered by Canada and Lake Saint Clair on the south and east, Grosse Pointe on the west, Detroit on the north, and Grosse Pointe Woods and Grosse Pointe Shores on the northeast. Lakeshore Drive begins in Grosse Pointe Farms, where, just east of Fisher Road, the eastbound driver or pedestrian on Jefferson Avenue descends to lake level, following the curvature of the lakefront to the northeast.

Grosse Pointe Park, MI

Overall SnackAbility

10
/10

Population: 11,207
Rank Last Year: 13 (Up 6)
Median Income: $112,384
Unemployment Rate: 3.3%
Poverty Rate: 4.5%
More on Grosse Pointe Park: Real Estate | Data | Photos

Grosse Pointe Park is a city in Wayne County in the U.S. state of Michigan. The population was 11,555 at the 2010 census. Bordering on Detroit with frontage on southern Lake Saint Clair, it is the westernmost of the noted Grosse Pointe suburbs, with the oldest overall housing stock of the five cities. Grosse Pointe Park is 6 miles east of downtown Detroit and thus is home to many who commute to the city on a daily basis. The area is often referred to simply as 'GPP' or "The Park". Many locals call the area from Alter Road to Nottingham in between Jefferson Avenue and Mack Avenue the Cabbage Patch, due to how the duplex style houses are closer together than the rest of the city.

Novi, MI

Overall SnackAbility

9.5
/10

Population: 59,625
Rank Last Year: 8 (No Change)
Median Income: $92,410
Unemployment Rate: 2.8%
Poverty Rate: 5.1%
More on Novi: Real Estate | Data | Photos

Novi is a city in Oakland County in the U.S. state of Michigan. As of the 2010 census, the population was 55,224, an increase over the 2000 census count of 47,386. The city is located approximately 25 miles northwest of the center of Detroit, and about 8 miles west of the western border of Detroit. It is about 25 miles northeast of the center of Ann Arbor. The city is located within the boundaries of the survey township of Novi Township. The remaining unincorporated township is only a tiny fraction surrounded by the city.

Review Of Novi by HomeSnacks User

Schools are great and their are always police officers in the neighborhood

Shopping and entertainment is near. An amazing place to live.

Plymouth, MI

Overall SnackAbility

7
/10

Population: 9,054
Rank Last Year: 11 (Up 2)
Median Income: $79,713
Unemployment Rate: 3.3%
Poverty Rate: 4.4%
More on Plymouth: Real Estate | Data | Photos

Plymouth is a city in Wayne County in the U.S. state of Michigan. The population was 9,132 at the 2010 census. The City of Plymouth is entirely surrounded by the Charter Township of Plymouth.

Huntington Woods, MI

Overall SnackAbility

10
/10

Population: 6,340
Rank Last Year: 1 (Down 9)
Median Income: $130,417
Unemployment Rate: 3.9%
Poverty Rate: 2.2%
More on Huntington Woods: Real Estate | Data | Photos

How We Determined The Richest Places In Michigan For 2020

Map Of The Richest Places To Live In Michigan
The first thing that comes to most people's minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don't believe that one statistic wholly encompasses what it means to be one of the "richest places". So we looked at this set of criteria from the newly released 2014-2018 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 148 places with more than 5,000 people in Michigan, we ranked each place from 1 to 148 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a "Rich Score" with the place having the lowest overall Rich Score, East Grand Rapids, crowned the "Richest City In Michigan For 2020". You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 148 places.

There You Have It - The Wealthiest Places In Michigan For 2020

Like we said earlier, when we set out to identify the richest places in Michigan, we weren't sure what we'd encounter, but it ended up being some of the best places to live in Michigan.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you're curious enough, here are the poorest cities in Michigan, according to data:

Poorest: Highland Park
2nd Poorest: Benton Harbor
3rd Poorest: River Rouge

For more Michigan reading, check out:

Detailed List Of The Richest Cities In Michigan

Rank City RichScore Median Income
1 East Grand Rapids 5.33 $133,982
2 Beverly Hills 5.67 $116,107
3 Northville 7.33 $111,169
4 Birmingham 10.33 $117,670
5 Berkley 10.67 $82,095
6 Grosse Pointe Farms 11.33 $132,853
7 Grosse Pointe Park 13.67 $112,384
8 Novi 14.0 $92,410
9 Plymouth 15.67 $79,713
10 Huntington Woods 15.67 $130,417
11 Grosse Pointe Woods 16.33 $97,711
12 South Lyon 17.0 $67,327
13 Grosse Pointe 17.0 $108,083
14 Rochester Hills 17.33 $90,961
15 Milan 21.0 $70,227
16 Milford 21.67 $74,260
17 Troy 22.33 $97,048
18 Trenton 23.0 $64,167
19 Clawson 24.0 $67,237
20 Frankenmuth 25.0 $57,734
21 Royal Oak 27.33 $78,741
22 Farmington 27.67 $70,890
23 Grandville 28.0 $58,675
24 Farmington Hills 28.33 $81,203
25 Brighton 29.33 $58,041
26 New Baltimore 30.67 $78,432
27 Livonia 30.67 $76,819
28 Saline 31.0 $78,117
29 St. Joseph 32.0 $60,118
30 Grand Ledge 33.67 $60,930
31 Walker 34.33 $62,456
32 Allen Park 34.33 $69,094
33 Rochester 34.33 $87,361
34 Swartz Creek 34.67 $53,217
35 Wixom 35.0 $54,861
36 Mason 35.33 $60,661
37 Ferndale 38.0 $65,947
38 Hudsonville 39.0 $62,500
39 Riverview 40.33 $57,442
40 Tecumseh 40.67 $54,052
41 Rockford 41.0 $62,404
42 Portage 42.33 $62,747
43 Richmond 42.33 $55,332
44 Chelsea 42.33 $78,958
45 Sterling Heights 43.0 $63,126
46 Garden City 49.33 $54,102
47 Flushing 50.67 $58,608
48 Marysville 51.67 $63,102
49 Norton Shores 51.67 $59,209
50 St. Clair 54.67 $63,343
51 Zeeland 55.0 $48,421
52 St. Clair Shores 55.0 $58,012
53 Fraser 55.0 $56,732
54 Flat Rock 55.0 $61,691
55 Allegan 55.33 $45,319
56 Grand Haven 55.67 $55,636
57 Woodhaven 56.33 $60,584
58 Midland 56.67 $61,076
59 Petoskey 57.0 $40,903
60 St. Johns 57.0 $53,454
61 Kentwood 58.0 $52,516
62 Southgate 59.33 $54,978
63 Walled Lake 59.33 $50,847
64 Traverse City 60.0 $53,871
65 Holland 60.0 $55,769
66 Fenton 61.0 $53,638
67 Auburn Hills 62.67 $62,632
68 Ann Arbor 63.0 $63,956
69 Wyoming 64.67 $51,971
70 Marshall 65.33 $50,000
71 Wyandotte 66.67 $53,110
72 Howell 69.33 $45,760
73 Southfield 70.0 $54,428
74 Grand Blanc 72.0 $57,103
75 Madison Heights 73.33 $50,350
76 Kingsford 76.33 $42,426
77 Coldwater 76.67 $41,705
78 Iron Mountain 76.67 $44,776
79 Westland 77.0 $47,816
80 Oak Park 78.33 $49,721
81 Center Line 80.67 $42,729
82 Charlotte 80.67 $46,863
83 Monroe 84.0 $49,878
84 St. Louis 87.0 $41,036
85 Holly 88.33 $50,634
86 Hastings 88.67 $50,378
87 Belding 88.67 $42,813
88 Dearborn Heights 90.67 $49,405
89 Grand Rapids 93.0 $47,173
90 Ishpeming 93.0 $45,452
91 Manistee 93.67 $39,141
92 Eaton Rapids 94.0 $40,536
93 Three Rivers 94.33 $41,412
94 Owosso 94.67 $41,584
95 Roseville 95.67 $43,713
96 Menominee 95.67 $35,558
97 Harper Woods 96.33 $48,756
98 Taylor 97.33 $47,370
99 Warren 98.33 $47,419
100 Ludington 98.33 $41,039

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

3 thoughts on “Richest Cities In Michigan, 2020

Leave a Reply

Your email address will not be published. Required fields are marked *