You either have to win the lottery or be a descendant of one of Virginia’s many notables like Warren Beatty to live in one of the wealthiest cities in the Old Dominion. The richest cities in Virginia are expensive.
You’ll need over a salary of over $90,000/year to fit in. Not to mention the cities on our list are centralized around Washington D. C., so knowing someone
To create this list, we used Saturday Night Science to analyze the latest Census and Zillow data on incomes and home prices. We limited the analysis to 199 Virginia cities with more than 3,000 residents.
Wealthy people want to live in the best cities, so it’s not lost on us that there are multiple cities on our ten best cities to live in Virginia for 2024 that are also on our richest list.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Michigan For 2024
Did we mention that you either have to be the owner of the Detroit Lions, in possession of the original Pasty recipe, or a member of the DeVos family to live in our top wealthiest cities in Michigan for 2024?
What is the richest city in Michigan? The richest in Michigan is Bloomfield Hills.
To see which cities top the list of richest cities in Michigan for 2024, grab a bowl of potato pierogies, a nice quiet spot on Lake Michigan, Lake Superior, Lake Ontario, or Lake Erie, and look at the list 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 2024
1. Bloomfield Hills
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2. East Grand Rapids
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Population: 11,385
Median Income: $160,417
Median Home Values: $572,507
More on East Grand Rapids: Data | Crime | Cost Of Living | Real Estate
3. Birmingham
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Population: 21,738
Median Income: $151,556
Median Home Values: $600,237
More on Birmingham: Data | Crime | Cost Of Living | Real Estate
4. Beverly Hills
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Population: 10,550
Median Income: $162,364
Median Home Values: $498,630
More on Beverly Hills: Data | Crime | Cost Of Living | Real Estate
5. Huntington Woods
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Population: 6,365
Median Income: $184,815
Median Home Values: $459,699
More on Huntington Woods: Data | Crime | Cost Of Living | Real Estate
6. Northville
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Population: 6,088
Median Income: $134,330
Median Home Values: $514,916
More on Northville: Data | Crime | Cost Of Living | Real Estate
7. Grosse Pointe Farms
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Population: 10,018
Median Income: $156,465
Median Home Values: $446,876
More on Grosse Pointe Farms: Data | Crime | Cost Of Living | Real Estate
8. Grosse Pointe Park
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Population: 11,513
Median Income: $128,333
Median Home Values: $451,199
More on Grosse Pointe Park: Data | Crime | Cost Of Living | Real Estate
9. Grosse Pointe
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Population: 5,621
Median Income: $136,094
Median Home Values: $421,780
More on Grosse Pointe: Data | Crime | Cost Of Living | Real Estate
10. Novi
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Population: 65,870
Median Income: $110,588
Median Home Values: $425,204
More on Novi: Data | Crime | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Michigan For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying 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 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 199 places with more than 3,000 people in Michigan, we ranked each place from 1 to 199 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, Bloomfield Hills, crowned the “Richest City In Michigan For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Michigan.
You can skip to the end to see the rankings for all 199 places.
Summary: The Wealthiest Places In Michigan For 2024
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.
The richest cities in Michigan are Bloomfield Hills, East Grand Rapids, Birmingham, Beverly Hills, Huntington Woods, Northville, Grosse Pointe Farms, Grosse Pointe Park, Grosse Pointe, and Novi.
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: River Rouge
2nd Poorest: Flint
3rd Poorest: Muskegon Heights
For more Michigan reading, check out:
- Cheapest Places To Live In Michigan
- Worst Places To Live In Michigan
- Best Places To Live In Michigan
Detailed List Of The Richest Cities In Michigan
Rank | City | RichScore | Median Income | Average Home Price |
---|---|---|---|---|
1 | Bloomfield Hills | 2.0 | $200,054 | $569,983 |
2 | East Grand Rapids | 3.0 | $160,417 | $572,507 |
3 | Birmingham | 3.5 | $151,556 | $600,237 |
4 | Beverly Hills | 4.0 | $162,364 | $498,630 |
5 | Huntington Woods | 4.5 | $184,815 | $459,699 |
6 | Northville | 6.0 | $134,330 | $514,916 |
7 | Grosse Pointe Farms | 7.0 | $156,465 | $446,876 |
8 | Grosse Pointe Park | 8.5 | $128,333 | $451,199 |
9 | Grosse Pointe | 11.0 | $136,094 | $421,780 |
10 | Novi | 13.0 | $110,588 | $425,204 |
11 | Rochester | 13.5 | $102,838 | $428,006 |
12 | Rochester Hills | 14.0 | $115,968 | $414,974 |
13 | Troy | 15.5 | $115,639 | $398,962 |
14 | Plymouth | 15.5 | $107,156 | $417,416 |
15 | Milford | 16.5 | $98,054 | $425,893 |
16 | Rockford | 20.0 | $100,380 | $386,671 |
17 | Saline | 21.5 | $88,388 | $423,142 |
18 | South Lyon | 22.0 | $82,753 | $434,616 |
19 | Ann Arbor | 23.0 | $78,546 | $479,804 |
20 | Farmington Hills | 23.5 | $101,728 | $348,161 |
21 | Grosse Pointe Woods | 25.5 | $125,712 | $315,509 |
22 | Hudsonville | 28.0 | $86,000 | $367,928 |
23 | Dewitt | 32.0 | $100,100 | $304,213 |
24 | Oxford | 32.5 | $79,306 | $360,182 |
25 | New Baltimore | 32.5 | $90,028 | $325,237 |
26 | Lathrup Village | 34.0 | $97,750 | $303,657 |
27 | Royal Oak | 35.5 | $92,799 | $302,682 |
28 | Brighton | 35.5 | $74,022 | $396,691 |
29 | Berkley | 36.5 | $108,125 | $285,101 |
30 | Linden | 37.0 | $85,917 | $313,123 |
31 | Grandville | 39.0 | $76,344 | $332,792 |
32 | Fenton | 40.0 | $76,195 | $330,634 |
33 | Farmington | 40.5 | $92,128 | $290,249 |
34 | Traverse City | 41.0 | $70,700 | $412,868 |
35 | Wixom | 41.5 | $72,896 | $348,240 |
36 | North Muskegon | 42.5 | $99,924 | $277,225 |
37 | Frankenmuth | 43.0 | $80,956 | $296,452 |
38 | Petoskey | 44.0 | $69,784 | $393,626 |
39 | Chelsea | 44.0 | $71,379 | $364,698 |
40 | St. Joseph | 44.0 | $79,103 | $300,114 |
41 | Livonia | 44.0 | $92,458 | $278,535 |
42 | Wolverine Lake | 46.5 | $85,195 | $284,719 |
43 | Williamston | 49.0 | $76,086 | $291,524 |
44 | Walker | 50.5 | $72,020 | $311,743 |
45 | Milan | 53.0 | $89,600 | $251,182 |
46 | Clawson | 54.0 | $82,713 | $261,691 |
47 | Holland | 54.0 | $69,152 | $321,850 |
48 | Boyne City | 55.0 | $65,070 | $346,324 |
49 | Middleville | 55.5 | $67,759 | $318,985 |
50 | Sterling Heights | 55.5 | $75,381 | $278,499 |
51 | Portage | 58.5 | $74,837 | $271,509 |
52 | St. Clair | 60.5 | $71,771 | $283,763 |
53 | Ferndale | 61.5 | $86,120 | $236,307 |
54 | Kentwood | 62.5 | $66,945 | $293,250 |
55 | South Haven | 63.0 | $63,202 | $325,743 |
56 | Auburn Hills | 63.0 | $77,724 | $245,506 |
57 | Gibraltar | 63.5 | $80,392 | $239,399 |
58 | Dundee | 63.5 | $73,641 | $261,298 |
59 | Woodhaven | 64.5 | $77,725 | $242,087 |
60 | Mason | 64.5 | $75,000 | $247,725 |
61 | Grand Ledge | 65.0 | $71,179 | $272,097 |
62 | Norton Shores | 66.0 | $72,699 | $257,972 |
63 | Romeo | 67.0 | $59,693 | $368,712 |
64 | Wayland | 67.0 | $63,500 | $302,008 |
65 | Grand Blanc | 68.5 | $70,518 | $262,470 |
66 | Zeeland | 69.5 | $60,505 | $336,250 |
67 | Lowell | 71.0 | $59,712 | $341,982 |
68 | Coopersville | 73.0 | $62,995 | $289,406 |
69 | Rockwood | 73.5 | $93,036 | $202,659 |
70 | Richmond | 74.0 | $64,154 | $276,790 |
71 | New Haven | 74.5 | $63,424 | $280,596 |
72 | Grand Haven | 76.5 | $57,650 | $342,638 |
73 | Vicksburg | 77.0 | $65,440 | $256,798 |
74 | Flushing | 78.5 | $75,813 | $216,845 |
75 | Marshall | 79.0 | $72,813 | $220,197 |
76 | Wyoming | 79.5 | $67,234 | $245,215 |
77 | Howell | 79.5 | $53,953 | $348,579 |
78 | Trenton | 82.0 | $74,267 | $215,391 |
79 | Otsego | 83.0 | $68,490 | $233,014 |
80 | Grand Rapids | 84.5 | $61,634 | $262,762 |
81 | Flat Rock | 85.0 | $65,374 | $237,743 |
82 | Midland | 85.5 | $71,809 | $215,605 |
83 | Riverview | 87.0 | $69,323 | $219,074 |
84 | Swartz Creek | 87.0 | $70,210 | $218,680 |
85 | Holly | 87.0 | $58,957 | $286,258 |
86 | Tecumseh | 87.5 | $65,638 | $228,128 |
87 | Portland | 88.5 | $61,902 | $248,122 |
88 | Southfield | 89.0 | $63,980 | $234,297 |
89 | St. Clair Shores | 89.5 | $71,481 | $211,168 |
90 | Walled Lake | 89.5 | $65,031 | $229,099 |
91 | Sparta | 90.0 | $55,033 | $291,676 |
92 | Charlotte | 93.0 | $65,507 | $217,499 |
93 | Allen Park | 94.0 | $73,792 | $190,218 |
94 | Marysville | 94.0 | $67,548 | $212,826 |
95 | St. Johns | 94.5 | $60,991 | $245,248 |
96 | Eaton Rapids | 95.0 | $62,708 | $231,272 |
97 | Dearborn | 98.0 | $64,600 | $213,451 |
98 | Marquette | 99.5 | $51,599 | $288,904 |
99 | Roosevelt Park | 100.5 | $62,407 | $218,970 |
100 | Springfield | 103.0 | $40,091 | $372,983 |