Michigan Cities with the Highest Median Household Income
- Bloomfield Hills, Michigan. $108,432.33.
- Franklin, Michigan. $97,437.00.
- West Bloomfield, Michigan. $93,950.67.
- Whittaker, Michigan. $89,508.00.
- Huntington Woods, Michigan. $87,507.00.
- Grosse Ile, Michigan. $87,062.00.
- Ada, Michigan. $83,902.00.
- Rochester, Michigan. $83,585.33.
Which areas in Michigan have the highest average income?
Michigan counties by per capita income
| Rank | County | Median household income |
|---|---|---|
| 1 | Oakland | $85,991 |
| 2 | Leelanau | $56,527 |
| 3 | Livingston | $72,129 |
| 4 | Washtenaw | $59,065 |
What city has the highest median income?
| Characteristic | Median household income in U.S. dollars |
|---|---|
| San Francisco city, California | 123,859 |
| San Jose city, California | 115,893 |
| Seattle city, Washington | 102,486 |
| Washington city, District of Columbia | 92,266 |
What is Michigan area median income?
$59,234
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 24.6 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $59,234 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $32,854 |
What is the top 5 income Michigan?
Michigan
- Average top 5% income: $316,232.
- Lower limit of top 5%: $187,384.
What is the wealthiest city in Michigan?
1. Bloomfield Hills – Gross Income: $170,000 | Median Home: $580,000. The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan.
What is middle class income in Michigan?
How Much Income Do You Need in Michigan To Be Considered Middle Class. The median average income in Michigan is $59,584.
Which state is richest in USA?
Richest U.S. States by GDP
- 1. California. California, the nation’s most populous state, has the largest state GDP of $3,120,386,000. California’s median household income is $80,440, the sixth-highest in the U.S.
- Texas.
- New York.
- Florida.
- Illinois.
What state has the highest median income?
Maryland. Maryland’s median household income is $94,384, making it the highest in the nation.
What is the richest town in USA?
Atherton, California
Home to tech billionaires like Facebook’s Sheryl Sandberg and Google’s Eric Schmidt, not to mention the headquarters of both companies, as well as Tesla, the richest town in America remains Atherton, California, according to Bloomberg’s 2020 Richest Places Index.
What is the richest zip code in Michigan?
49060
10 Richest Michigan Zip Codes
| Rank | Zip Code | Mean Income |
|---|---|---|
| 1 | 49060 | $327,215 |
| 2 | 48301 | $213,167 |
| 3 | 48302 | $209,294 |
| 4 | 48009 | $206,818 |
What is Michigan high class?
In Michigan, households must earn a minimum of $115,802 per year to be among the top one-fifth of the state’s income earners, according to a new 24/7 Wall St.
What is the poorest County in Michigan?
Lake County, a landlocked area in west central Michigan, is the poorest county in the state and the only county in Michigan where most households earn less than $38,000 a year. Lake County’s median household income of $37,320 is about $20,000 below the $57,144 statewide median.
What is the poorest city in Michigan?
Flint was ranked the poorest city in Michigan in a 24/7 Wall St.
The Center Square.
| Poorest City | Pueblo |
|---|---|
| Median Household Income | $40,450 |
| Poverty Rate | 23.5% |
| Median Home Value | $141,000 |
| Population | 110,841 |
What is a good salary for a single person in Michigan?
Based on the U.S. median income of $59,039 in 2016, that means Michigan’s middle-class income for a single adult who lives alone is between $22,561 and $67,344, while the range is $45,120 to $134,689 for a household of four.
Is Michigan rich or poor?
From the 2022 edition of Rich States, Poor States.
Current Economic Outlook Ranks (2022 Edition)
| State | 2022 Ranking |
|---|---|
| Michigan | 17th |
| New Hampshire | 18th |
| Ohio | 19th |
| Louisiana | 20th |
Who is the richest family in Michigan?
The richest man in Michigan is Quicken Loans founder Daniel Gilbert, who appears at No. 23 on the Forbes list with a fortune estimated at $30.9 billion.
How many billionaires live in Michigan?
9 billionaires
Billionaires are ranked by net worth as of April 30. Forbes lists 9 billionaires in Michigan.
How many millionaires live in Michigan?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 12 | Michigan | 236,858 |
| 13 | Washington | 233,155 |
| 14 | North Carolina | 224,054 |
| 15 | Maryland | 221,189 |
How much does it cost to live comfortably in Michigan?
On average in Michigan, a family with two preschool children needs an average minimum income of $2,580 to $4,722 a month to pay for basic necessities, the report says. The $2,580 is for a two-parent family with one stay-at-home parent.
What salary is upper class?
In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.