These Are The 10 Richest Cities In Michigan For 2018

We analyzed over 174 places in Michigan to determine where the 1% live.

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Beverly Hills, East Grand Rapids, Huntington Woods: These cities aren’t just some of the best places to live in Michigan. They are also home to some of the richest people in the Wolverine State.

Beverly Hills in particular houses the richest residents in the state thanks, in part, to a median household income of $108,214 and a ridiculously low poverty rate of 2.0%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Michigan share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 148 places in Michigan with more than 5,000 people.

At the end of the day, here’s the set of the 10 richest places in Michigan for 2018:

  1. Beverly Hills (Photos | Homes For Sale)
  2. East Grand Rapids (Photos | Homes For Sale)
  3. Huntington Woods (Photos | Homes For Sale)
  4. Birmingham (Photos | Homes For Sale)
  5. Grosse Pointe Farms (Photos | Homes For Sale)
  6. Plymouth (Photos | Homes For Sale)
  7. Saline (Photos | Homes For Sale)
  8. Novi (Photos | Homes For Sale)
  9. Berkley (Photos | Homes For Sale)
  10. Rochester Hills (Photos | Homes For Sale)

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Michigan.

Rich people not your cup of tea? Feel free to check out the best places to live in Michigan or the poorest.

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How We Determined The Richest Places In Michigan For 2018

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 2012-2016 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, Beverly Hills, crowned the ‘Richest Place In Michigan For 2018’.

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

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1. Beverly Hills

Beverly Hills, Michigan

Population: 10,450
Median Income: $108,214
Unemployment Rate: 3.3%
Poverty Rate: 2.0%
More on Beverly Hills: Homes For Sale | Data
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.

2. East Grand Rapids

East Grand Rapids, Michigan

Population: 11,297
Median Income: $118,393
Unemployment Rate: 3.4%
Poverty Rate: 2.8%
More on East Grand Rapids: Homes For Sale | Data
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.

3. Huntington Woods

Huntington Woods, Michigan

Population: 6,330
Median Income: $121,528
Unemployment Rate: 4.1%
Poverty Rate: 1.4%
More on Huntington Woods: Homes For Sale | Data

4. Birmingham

Birmingham, Michigan

Population: 20,653
Median Income: $112,545
Unemployment Rate: 3.6%
Poverty Rate: 3.7%
More on Birmingham: Homes For Sale | Data
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.

5. Grosse Pointe Farms

Grosse Pointe Farms, Michigan

Population: 9,265
Median Income: $119,500
Unemployment Rate: 4.7%
Poverty Rate: 3.4%
More on Grosse Pointe Farms: Homes For Sale | Data
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.

6. Plymouth

Plymouth, Michigan

Population: 8,956
Median Income: $78,254
Unemployment Rate: 3.6%
Poverty Rate: 5.1%
More on Plymouth: Homes For Sale | Data
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.

7. Saline

Saline, Michigan

Population: 9,082
Median Income: $66,419
Unemployment Rate: 3.7%
Poverty Rate: 3.5%
More on Saline: Homes For Sale | Data
Saline /slin/ is a city in Washtenaw County in the U.S. state of Michigan. As of the 2010 census, the city population was 8,810.

8. Novi

Novi, Michigan

Population: 58,233
Median Income: $86,193
Unemployment Rate: 3.9%
Poverty Rate: 5.5%
More on Novi: Homes For Sale | Data
Novi (/nova/ NOH-vy) 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 (40 km) northwest of the center of Detroit, and about 8 miles (13 km) west of the western border of Detroit. It is about 25 miles (40 km) 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.

9. Berkley

Berkley, Michigan

Population: 15,239
Median Income: $74,172
Unemployment Rate: 4.4%
Poverty Rate: 5.0%
More on Berkley: Homes For Sale | Data
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.

10. Rochester Hills

Rochester Hills, Michigan

Source: Public domain

Population: 72,987
Median Income: $83,507
Unemployment Rate: 4.6%
Poverty Rate: 5.2%
More on Rochester Hills: Homes For Sale | Data
Rochester Hills is a city in northeast Oakland County of the U.S. state of Michigan, in the northern outskirts of Metropolitan Detroit area. As of the 2010 census, the city had a total population of 70,995.

There You Have It – The Wealthiest Places In Michigan For 2018

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: Flint

For more Michigan reading , check out:

  • 10 Most Diverse Cities In Michigan
  • 10 Best Places To Raise A Family In Michigan
  • 10 Cheapest Places To Live In Michigan
  • Detailed List Of The Richest Cities In Michigan

    City Rank Median Income
    Beverly Hills 1 $108,214
    East Grand Rapids 2 $118,393
    Huntington Woods 3 $121,528
    Birmingham 4 $112,545
    Grosse Pointe Farms 5 $119,500
    Plymouth 6 $78,254
    Saline 7 $66,419
    Novi 8 $86,193
    Berkley 9 $74,172
    Rochester Hills 10 $83,507
    Grosse Pointe Park 11 $101,484
    Milford 12 $71,250
    South Lyon 13 $62,523
    New Baltimore 14 $74,431
    Royal Oak 15 $68,504
    Troy 16 $88,954
    Northville 17 $99,052
    Grosse Pointe Woods 18 $93,404
    Grosse Pointe 19 $92,500
    Rochester 20 $76,616
    Grandville 21 $55,440
    Farmington Hills 22 $71,463
    Livonia 23 $71,063
    Farmington 24 $64,388
    Brighton 25 $59,972
    Trenton 26 $56,888
    Allen Park 27 $65,848
    St. Joseph 28 $55,854
    Marysville 29 $60,349
    Clawson 30 $59,259
    Walker 31 $53,452
    Rockford 32 $60,565
    Portage 33 $57,526
    Milan 34 $65,326
    Walled Lake 35 $48,324
    Tecumseh 36 $51,652
    Woodhaven 37 $58,500
    Chelsea 38 $67,500
    Grand Ledge 39 $50,941
    Mason 40 $52,352
    Fraser 41 $52,865
    Sterling Heights 42 $60,492
    Traverse City 43 $51,139
    Wixom 44 $47,856
    Riverview 45 $53,502
    Norton Shores 46 $52,283
    St. Clair Shores 47 $54,590
    Garden City 48 $52,788
    Flat Rock 49 $57,500
    Ferndale 50 $55,159
    Marshall 51 $46,376
    St. Clair 52 $58,101
    Kentwood 53 $49,317
    Hudsonville 54 $56,711
    Auburn Hills 55 $53,686
    Midland 56 $54,612
    Zeeland 57 $39,448
    Grand Haven 58 $48,575
    Ann Arbor 59 $57,697
    Holland 60 $50,528
    Southgate 61 $51,138
    Wyandotte 62 $52,020
    Richmond 63 $46,750
    Wyoming 64 $48,579
    Swartz Creek 65 $44,525
    Allegan 66 $42,226
    Holly 67 $52,708
    Petoskey 68 $39,690
    Howell 69 $42,324
    St. Johns 70 $43,765
    Kingsford 71 $39,799
    Fenton 72 $47,196
    Iron Mountain 73 $37,729
    Hastings 74 $47,672
    Westland 75 $44,808
    Oak Park 76 $49,811
    Grand Blanc 77 $47,292
    Madison Heights 78 $43,158
    Eaton Rapids 79 $39,739
    Southfield 80 $50,371
    Coldwater 81 $37,536
    Flushing 82 $50,625
    Ishpeming 83 $38,225
    Wayne 84 $40,973
    Harper Woods 85 $49,306
    Dearborn Heights 86 $45,929
    Charlotte 87 $42,947
    Monroe 88 $45,055
    St. Louis 89 $37,768
    Roseville 90 $42,036
    Three Rivers 91 $40,511
    Warren 92 $44,017
    Dearborn 93 $48,421
    Grand Rapids 94 $42,019
    Eastpointe 95 $44,240
    Center Line 96 $35,955
    Romulus 97 $44,727
    Marquette 98 $37,551
    Menominee 99 $34,956
    Battle Creek 100 $38,216

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