Michigan, the Great Lakes State, is renowned for its natural beauty, automotive industry, and diverse range of economic opportunities. Within this vibrant state, several cities stand out for their exceptional wealth and high standard of living.
In this article, we will delve into the top 15 richest cities in Michigan, highlighting their unique qualities and the factors contributing to their prosperity. From thriving economies to stunning outdoor recreation and local attractions, these cities offer a wealth of opportunities for residents and visitors alike.
Top 15 Richest Cities in Michigan
- Birmingham
- Ann Arbor
- East Grand Rapids
- Novi
- Rochester Hills
- Troy
- Bloomfield Hills
- Okemos
- Grosse Pointe Farms
- Beverly Hills
- Northville
- Franklin
- Forest Hills
- Plymouth
- Ada Township
Birmingham
- Population: 20,472
- Median Income: $121,875
- Unemployment Rate: 1.9%
- Poverty Rate: 3.7%
- More on Birmingham: Real Estate
Nestled in Oakland County, Birmingham is a city that epitomizes luxury living and cultural charm. With a median income of $121,875, the residents of Birmingham enjoy a high standard of living, supported by a diverse range of industries, including finance, technology, and automotive.
The city boasts exquisite neighborhoods, upscale shopping centers like The Somerset Collection, and a thriving downtown filled with art galleries, theaters, and fine dining establishments.
Birmingham also offers excellent public schools and is home to the esteemed Cranbrook Educational Community, which includes a world-renowned art museum, schools, and a science institute.
Ann Arbor
- Population: 121,890
- Median Income: $75,438
- Unemployment Rate: 2.7%
- Poverty Rate: 16.2%
- More on Ann Arbor: Real Estate
Home to the prestigious University of Michigan, Ann Arbor is a vibrant city renowned for its intellectual pursuits and natural beauty. The median income of $75,438 reflects the diverse range of industries present in the city, including technology, healthcare, and research.
Ann Arbor offers residents and visitors an abundance of cultural attractions, such as the renowned University of Michigan Museum of Art, the beautiful Matthaei Botanical Gardens, and the vibrant Kerrytown Market & Shops.
Additionally, the city's proximity to picturesque parks, like the Nichols Arboretum and Huron River, provides ample opportunities for outdoor recreation.
East Grand Rapids
- Population: 11,397
- Median Income: $140,156
- Unemployment Rate: 2.1%
- Poverty Rate: 1.9%
- More on East Grand Rapids: Real Estate
Situated near the shores of Reeds Lake, East Grand Rapids is an affluent community known for its strong emphasis on education and close-knit neighborhoods. The city's remarkable median income of $140,156 can be attributed to a mix of industries, including finance, technology, and healthcare.
East Grand Rapids offers excellent public schools and is home to private institutions like the esteemed Grand Rapids Christian Schools. The Gaslight Village shopping district is a popular destination, featuring upscale boutiques, restaurants, and entertainment venues.
Residents also enjoy easy access to the expansive Reeds Lake, offering opportunities for boating, fishing, and picnicking.
Novi
- Population: 60,146
- Median Income: $93,447
- Unemployment Rate: 2.5%
- Poverty Rate: 5.9%
- More on Novi: Real Estate
With its prime location between Detroit and Ann Arbor, Novi has become a thriving retail hub and a desirable place to live. The median income of $93,447 can be attributed to a diverse economy, including technology, healthcare, and automotive industries.
The city is home to Twelve Oaks Mall, a premier shopping destination with a vast selection of high-end retailers and dining options. Novi also boasts numerous recreational opportunities, such as the scenic Lakeshore Park, which offers hiking trails, picnic areas, and a beach.
The Suburban Collection Showplace hosts various events and trade shows, further enhancing Novi's appeal.
Rochester Hills
- Population: 74,205
- Median Income: $95,081
- Unemployment Rate: 2.6%
- Poverty Rate: 5.2%
- More on Rochester Hills: Real Estate
Rochester Hills, located in Oakland County, is a city known for its natural beauty, innovative spirit, and thriving economy. The median income of $95,081 is a testament to the diverse range of industries, including technology, automotive, and healthcare.
The city boasts several parks, such as the breathtaking Bloomer Park and the serene Clinton River Trail, offering opportunities for outdoor recreation. Rochester Hills is also home to the Rochester Hills Museum at Van Hoosen Farm, which showcases local history and hosts community events.
Additionally, the city encourages innovation through the presence of the OU INC business incubator, fostering entrepreneurial growth and collaboration.
Troy
- Population: 83,589
- Median Income: $93,187
- Unemployment Rate: 2.4%
- Poverty Rate: 6.3%
- Moreon Troy: Real Estate
As an economic powerhouse in Michigan, Troy boasts a vibrant business community and a diverse range of industries. The city's median income of $93,187 reflects the thriving sectors of technology, finance, and automotive.
Troy is home to a multitude of national and international corporations, drawing professionals from various fields to the area. The city's Somerset Collection Mall offers a premier shopping experience, featuring luxury brands and upscale retailers. Cultural attractions, such as the Troy Historic Village and the Troy Museum & Historic Village, provide insight into the city's rich history.
Additionally, Troy embraces its cultural diversity with a variety of ethnic restaurants, reflecting the city's vibrant and inclusive atmosphere.
Bloomfield Hills
- Population: 4,004
- Median Income: $173,558
- Unemployment Rate: 2.3%
- Poverty Rate: 3.2%
- More on Bloomfield Hills: Real Estate
Nestled in Oakland County, Bloomfield Hills exudes opulence and is renowned for its prestigious educational institutions and exclusive neighborhoods. The city's extraordinarily high median income of $173,558 can be attributed to its affluent residents, drawn from various industries such as finance, technology, and healthcare.
Bloomfield Hills is home to the Cranbrook Educational Community, which includes the Cranbrook Academy of Art, the Cranbrook Art Museum, and the Cranbrook House and Gardens. The city also boasts stunning golf courses and country clubs, providing recreational opportunities for residents.
Bloomfield Hills epitomizes luxury living and offers an exceptional quality of life.
Okemos
- Population: 23,694
- Median Income: $79,717
- Unemployment Rate: 2.7%
- Poverty Rate: 4.9%
- More on Okemos: Real Estate
Located near the state capital of Lansing, Okemos is a charming community known for its excellent schools and natural splendor. The median income of $79,717 reflects a diverse range of industries, including education, technology, and healthcare.
Okemos is home to the highly regarded Okemos Public Schools, providing students with a top-notch education. The city's proximity to the scenic Red Cedar River and the beautiful Harris Nature Center offers residents opportunities for outdoor activities and exploration.
Meridian Mall serves as a popular shopping destination, housing a variety of stores and restaurants. Okemos combines educational excellence with the tranquility of nature, making it an enticing place to live.
Grosse Pointe Farms
- Population: 9,194
- Median Income: $161,250
- Unemployment Rate: 2.3%
- Poverty Rate: 0.9%
- More on Grosse Pointe Farms: Real Estate
Grosse Pointe Farms, located on the shores of Lake St. Clair, is a picturesque city known for its stunning waterfront properties and rich history. The city's impressive median income of $161,250 can be attributed to a diverse range of industries, including finance, technology, and healthcare. The city is home to the prestigious University Liggett School, offering excellent educational opportunities for residents.
In addition to its upscale residences, Grosse Pointe Farms features charming shopping districts such as The Hill, which offers a mix of boutique shops and local eateries. Residents can also enjoy outdoor recreational activities at Patterson Park, which boasts beautiful walking trails and breathtaking views of Lake St. Clair.
Beverly Hills
- Population: 10,371
- Median Income: $140,146
- Unemployment Rate: 2.2%
- Poverty Rate: 2.7%
- More on Beverly Hills: Real Estate
Situated in Oakland County, Beverly Hills is a picturesque village known for its affluent neighborhoods and strong community spirit. The city's median income of $140,146 is supported by a mix of industries, including finance, technology, and manufacturing.
Beverly Hills offers a range of recreational opportunities, including the Beverly Park and the Beverly Hills Club, a private swim and tennis club. Residents can also explore the nearby Birmingham-Bloomfield Art Center, which features rotating exhibits and art classes.
Northville
- Population: 6,023
- Median Income: $132,098
- Unemployment Rate: 1.9%
- Poverty Rate: 1.6%
- More on Northville: Real Estate
Situated in southeast Michigan, Northville is a small yet affluent city that offers a high quality of life to its residents. The city's median income of $132,098 is a testament to the strong presence of industries such as technology, finance, and auto. Northville is also known for its excellent public schools, making it an attractive location for families.
The charming downtown area of Northville is a major draw for residents and visitors alike. Here, you will find a wide array of boutique shops, cozy cafes, and upscale restaurants. Maybury State Park, located on the outskirts of the city, offers opportunities for hiking, horseback riding, and cross-country skiing, making it a popular destination for outdoor enthusiasts.
Franklin
- Population: 3,150
- Median Income: $160,000
- Unemployment Rate: 1.7%
- Poverty Rate: 0.6%
- More on Franklin: Real Estate
Tucked away in Oakland County, Franklin is a small village with a rich history and a strong sense of community. With a median income of $160,000, Franklin boasts a thriving economy supported by industries such as finance, technology, and auto. The village is also home to the prestigious Cranbrook Schools, renowned for their academic excellence.
Franklin's downtown area, known as "The Village," exudes charm with its historic buildings and quaint shops. The Franklin Cider Mill is a beloved local attraction, offering freshly pressed apple cider and delicious donuts during the fall season. Residents also enjoy the natural beauty of Franklin River, which provides opportunities for fishing and kayaking.
Forest Hills
- Population: 26,092
- Median Income: $117,205
- Unemployment Rate: 2.1%
- Poverty Rate: 1.8%
- More on Forest Hills: Real Estate
Located just outside of Grand Rapids, Forest Hills is a thriving community known for its excellent schools and strong sense of community. The median income of $117,205 in Forest Hills reflects the presence of diverse industries, including technology, finance, and healthcare. The city is also home to the esteemed Forest Hills Public Schools, offering exceptional educational opportunities.
Residents of Forest Hills can enjoy the numerous parks and recreational areas scattered throughout the city. Cascade Township Park is a popular destination with its walking trails, playgrounds, and picnic areas. Additionally, the Frederik Meijer Gardens & Sculpture Park, located nearby, showcases stunning sculptures and beautiful gardens, attracting art and nature enthusiasts alike.
Plymouth
- Population: 9,182
- Median Income: $86,486
- Unemployment Rate: 2.2%
- Poverty Rate: 2.1%
- More on Plymouth: Real Estate
Plymouth, situated in Wayne County, is a charming city known for its historic downtown area and strong community spirit. While it may have a slightly lower median income of $86,486 compared to other cities on this list, it offers a unique blend of affordability and economic opportunities across various industries, including technology, finance, and auto.
The heart of Plymouth lies in its vibrant downtown district, where residents and visitors can explore a variety of boutique shops, restaurants, and entertainment venues. The city is also famous for its annual events, such as the Plymouth Ice Festival and the Art in the Park, which attract people from all around the region.
Plymouth is home to numerous parks and recreational areas, including the popular Plymouth Township Park and the Hines Park Trail. These green spaces provide opportunities for outdoor activities like jogging, biking, and picnicking. Additionally, the city is in close proximity to the beautiful Lower Rouge River, where residents can enjoy kayaking and fishing.
Ada Township
- Population: 13,142
- Median Income: $144,844
- Unemployment Rate: 2.1%
- Poverty Rate: 1.6%
Ada Township, located east of Grand Rapids, is a thriving community that offers a high standard of living to its residents. With a median income of $144,844, Ada Township benefits from a diverse range of industries, including technology, finance, and healthcare. The city is also home to numerous parks and natural areas, providing ample opportunities for outdoor recreation.
One of the notable attractions in Ada Township is Roselle Park, a 240-acre park that offers various amenities such as walking trails, picnic areas, and a fishing pond. Residents can also explore the Ada Covered Bridge, a historic landmark that adds character to the township.
Moreover, Ada Township is home to the Amway World Headquarters, a global leader in direct selling. The presence of this international company contributes to the economic prosperity of the area and provides employment opportunities for residents.
