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 |
What is 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.
What city in Michigan has the highest median income?
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.
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 |
Which areas in Michigan have the highest average income?
Oakland County had the highest personal income per capita in 2019, followed by Leelanau County at $68,281 and Washtenaw County, with personal income per capita coming in at $60,843.
Is Michigan the poorest state?
Mississippi is the poorest U.S. state. Mississippi’s median household income is $45,792, the lowest in the country, with a livable wage of $46,000. Additionally, the state has a poverty rate of 19.6%, the highest of any state.
What city has the highest poverty rate in Michigan?
1. Flint: 39%
- Total population: 96,439.
- Population number used to calculate poverty: 94,144.
- % residents in poverty: 39%
- % children under 18 in poverty: 61%
- Median household income: $26,901.
- % adults w/ bachelor degree: 13%
- % of residents who are non-Hispanic whites: 36%
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.
Do any billionaires live in Michigan?
These five Michigan billionaires also made Forbes list of the 400 wealthiest Americans for 2021, according to the recently released ranking. Daniel Gilbert, cofounder of Quicken Loans, is worth an estimated $30.9 billion and was ranked 23 on Forbes’ list of 2021 billionaires.
How many millionaires are 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 is Michigan most known for?
Michigan is known for fishing, thanks to its 3,288-mile coastline, the longest freshwater coastline in the United States. Forestry is another important industry, as 90 percent of the Upper Peninsula is covered in trees.
What is a good income in Michigan?
Average Salary in Michigan
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $79,369 | $6,614 |
| 75th Percentile | $65,259 | $5,438 |
| Average | $59,093 | $4,924 |
| 25th Percentile | $43,653 | $3,637 |
Which Grosse Pointe is the richest?
Grosse Pointe Farms was ranked the richest town in Michigan in a 24/7 Wall St.
By the numbers: Grosse Pointe Farms ranks the richest of Michigan towns.
| State | Michigan |
|---|---|
| Median Household Income | $132,390 |
| Poverty Rate | 1.7% |
| Median Home Value | $298,400 |
| Population | 9,238 |
What is the wealthiest county in America?
Loudoun County, Va
1. Loudoun County, Va. Incomes are so high in Loudoun that even after adjusting for a cost of living 12.3% above the national average, it remains the richest county in the U.S. by a wide margin.
Is Michigan a rich 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 |
How wealthy is Michigan?
Economic Outlook Rank
Michigan is currently ranked 17th in the United States for its economic outlook.
Why Michigan is the best state?
The Great Lakes
Michigan is the only state that touches four of the five Great Lakes. As such, it’s home to the longest freshwater coastline of any U.S. state, *and* the second-longest coastline, period (coming in behind Alaska). Anywhere you stand in the state, you’re no more than 85 miles from a Great Lake.
Is Michigan a good state to live in?
Even Popular Science magazine has given it a seal of approval by noting that Michigan will be the best place to live in America by the year 2100. But its draw extends beyond the natural charm. Well-paying jobs and high-quality education are a recurrent theme in Michigan.
What U.S. state is the richest in 2021?
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.
Why is Flint Michigan so poor?
Since the late 1960s through the end of the 20th century, Flint has suffered from disinvestment, deindustrialization, depopulation, urban decay, as well as high rates of crime, unemployment and poverty. Initially, this took the form of “white flight” that afflicted many urban industrialized American towns and cities.
What state is the poorest in the US?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
