Where Do Most Millionaires Live In Michigan?

The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan. The population is just under 4,000. The average income is $170,000 and the median house value is $580,000. There are also homes worth millions located in Bloomfield Hills.

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

What town in Michigan may be the wealthiest?

Richest Town in Michigan. East Grand Rapids is the No. 1 richest town in Michigan, according to the study.

What is the wealthiest county in Michigan?

Michigan counties by per capita income

Rank County Per capita income
1 Oakland $56,138
2 Leelanau $32,194
3 Livingston $31,609
4 Washtenaw $31,316
Recent post:  What Does Rochester Represent In Jane Eyre?

How many multi millionaires are in Michigan?

In Michigan, there are 214,315 millionaire households, for a ratio to total households of 5.43 percent, according to the Phoenix Marketing International report that tracks high net-worth households. Our state moved up one place since 2017.

How many billionaires are in Michigan?

Table

Rank by number of billionaires (9/15/20) State or federal district Billionaires/ State’s 10M pop. (7/19 census) (9/15/20)
11 Nevada 35.71
17 Michigan 7.01
8 Pennsylvania 9.37
14 Colorado 13.89

What city has the most millionaires?

New York
The 10 cities with the highest raw number of ultrawealthy residents in 2020 were New York, with 11,475 ultrawealthy people; Hong Kong; Tokyo; Los Angeles; Chicago; San Francisco; Paris, Washington, D.C.; Osaka, Japan; and Dallas.

Where is the most expensive place to live in Michigan?

Top ten most expensive cities in Michigan

City Average Price
#1 Birmingham $1,099,968
#2 Bloomfield Hills $1,070,063
#3 Harbor Springs $636,628
#4 New Buffalo $583,315

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

Where do rich people live in Ann Arbor?

Little would anyone know that at the end of the mile-long road lies Michigan’s wealthiest community, one many have never heard of, tucked away just five miles north of downtown Ann Arbor. There are 140 homes on less than two-square-miles of rolling hills overlooking the Huron River’s Barton Pond.

What is the poorest city in Michigan?

Hamtramck
Hamtramck ranks the poorest of Michigan towns, study finds

Recent post:  What Is A Tier 3 Supplier?
State Poorest Town Population
Michigan Hamtramck 21,941
Minnesota Little Falls 8,664
Mississippi Yazoo City 11,076
Missouri Unionville 1,998

Is Michigan a wealthy state?

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

What’s the poorest County in Michigan?

Lake County
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.

How much is the Meijer family worth?

$16.5 billion
23 last year. Following Gilbert, at 106th richest in the world are retail heirs Hank and Doug Meijer, co-chairs of the big box chain Meijer Inc. headquartered in Walker. The brothers of the family-owned private company have an estimated net worth of $16.5 billion, according to the Forbes ranking.

Is Bloomfield Hills rich?

Bloomfield Hills consistently ranks as one of the top 5 wealthiest cities in the United States consisting of over 1,000 households. 30-9 percent of households in Bloomfield Hills have a value of over $1,000,000. This value is also the highest percentage of all houses in Bloomfield Hills.”

How many millionaires are in Oakland County Michigan?

Oakland County registered the most millionaires in both 2010 (1,678) and 2014 (2,479) and, when adjusting for population, also has the most millionaires per 10,000 residents at 20.

Who is the wealthiest family in Michigan?

Richest People in Michigan

  • $20 Billion. Dan Gilbert is an American self-made entrepreneur who has a net worth of $20 billion dollars.
  • Hank and Doug Meijer. $9.1 Billion.
  • Richard Devos. $6 Billion.
  • Kenneth Dart. $5.8 Billion.
  • Mike Ilitch. $4 Billion.
  • Ronda Stryker. $3.7 Billion.
  • Karen Davidson. $3.5 Billion.
  • Alfred Taubman.
Recent post:  Which Ivy League Has The Smallest Campus?

Which wealthy family lives in Michigan?

Five Michigan billionaires have made Forbes list of the 400 wealthiest Americans for 2021 — and the names aren’t much of a surprise.

  • Dan Gilbert. Ranked at No.
  • Hank and Doug Meijer. No.
  • Mat Ishbia.
  • Ronda Stryker.
  • Marian Ilitch.

Is Traverse City rich?

According to recent data from Wealth Engine’s Millennial Wealth Report 2019, The 49685 Traverse City Zip Code has more Millennial Millionaires than any other zip code in the United States. Traverse City has been booming with business and real estate development in the past decade.

Where do multi millionaires live?

New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. No surprise there.

Where do rich people hang out?

Where to meet rich men

  • Dry cleaner.
  • High-end grocery stores.
  • Expensive gyms.
  • Galleries.
  • Antique fairs.
  • Mykonos.
  • Weddings.
  • Wine bar.