1. Birmingham: the Richest Cities in Michigan
Birmingham, the richest city in Michigan, boasts a per capita income of approximately $95,000 and average home prices of around $650,000. This vibrant, family-friendly city is a suburb of Detroit, located about thirty minutes from downtown.
With a population of roughly 22,000, Birmingham attracts a diverse crowd interested in shopping, dining, and urban living. Residents can enjoy a wide range of premier fashion boutiques, restaurants, jewelers, spas, and more.
2. Grosse Pointe Farms
Grosse Pointe Farms is one of the wealthiest cities in Michigan. It is part of a group of five Grosse Pointe communities located adjacent to one another along Lake St. Clair, all within the Detroit area. Grosse Pointe Farms, in particular, is a popular choice for young families.
Residents in this affluent area are typically well-educated and often relocate here for its convenient commute to downtown, historic architecture, and stunning waterfront views. The average home price in Grosse Pointe Farms is around $478,000, while the city’s per capita income is approximately $81,000. This combination makes Grosse Pointe Farms an attractive location with excellent home-buying potential.
3. Beverly Hills
Beverly Hills is not a city in Michigan; however, Beverly Hills, California, is a city in the state of California, not a town in Michigan. It is one of the wealthiest cities in the United States, not Michigan, and an ideal location for affluent retirees.
Situated about 5 miles north of Detroit, this community is home to approximately 11,000 residents. Many of whom are retired. According to local regulations, anyone wishing to purchase a home in this well-maintained area must be at least 50 years old and not have any pets.
Although the city is relatively small, it offers numerous parks, golf courses, walking trails, basketball courts, and other recreational facilities to keep residents entertained. With a local per capita income of $71,000 and an average home price of $509,000, Beverly Hills is an ideal location for affluent individuals seeking a serene environment to enjoy their later years.
4. Northville
Northville is one of the wealthiest cities in Michigan, known for its abundant natural beauty. The area features rolling hills, small lakes, and attractive local green spaces, making it an ideal destination for nature lovers. With a population of just 6,074 people, Northville has a small-town atmosphere that contributes to a competitive local real estate market.
The city’s stunning Victorian-era architecture and well-maintained surroundings contribute to maintaining high home values, with an average price of $543,000, making them some of the most expensive in the state.
5. Huntington Woods
Huntington Woods is one of the wealthiest towns in Michigan, known for its abundance of single-family homes—nearly 2,364 within just 1.49 square miles. This impressive collection of residences has earned Huntington Woods the nickname “City of Homes,” making it one of the top places to live in Michigan.
With a high per capita income, peak average home prices, and a crime rate lower than half the state average, Huntington Woods is an attractive and well-rounded area to call home.
6. East Grand Rapids
East Grand Rapids is one of Michigan’s wealthiest cities, located just a few miles from downtown Grand Rapids. Over the years, it has consistently appeared on several “America’s Best Places to Live” lists.
The city is home to approximately 11,389 residents who are drawn to its beautifully maintained homes, vibrant business districts, and a variety of local shops, restaurants, and entertainment options. East Grand Rapids also offers several parks and green spaces, including John Collins Park and Reeds Lake, along with their surrounding walking trails.
Home prices in this area average around $604,000, and the local per capita income is about $67,000, highlighting the affluence and attractiveness of this community.
7. West Bloomfield
One of the wealthiest cities in Michigan is West Bloomfield, which has a population of approximately 66,000 residents. This city is a popular choice for affluent individuals and families. Located in Oakland County’s Lakes Area, West Bloomfield features several lakes, private country clubs, and upscale shopping centers as its main attractions.
It is also known as one of the safest places to live in Michigan, making it an ideal location for families. Furthermore, the area is home to some of the best school districts in the state. With a high average per capita income and elevated home prices, it is no surprise that West Bloomfield serves as a hub for wealth and affluence.
8. Plymouth
Plymouth is not only one of the richest towns in Michigan but also one of the best places to live in the state. The city boasts a rich history, a vibrant downtown area, and a variety of local parks. Its convenient location between Detroit and Ann Arbor makes it a popular choice for commuters.
Additionally, Plymouth is home to the University of Michigan Wolverines, providing residents with exciting sporting events, art galleries, and natural history exhibits. With some of the highest home prices and per capita income rates in the state, Plymouth remains an affluent part of Michigan’s landscape.
9. Novi
Novi is an affluent city in Michigan, home to nearly 67,000 residents. It has one of the fastest-growing populations in the state. The area is famous for its numerous lakes, golf courses, walking trails, and a wide range of outdoor activities.
The city’s main attraction is Maybury State Park, which spans approximately 1,000 acres of natural wildlife and vegetation. With some of the highest per capita income rates and home prices in Michigan, Novi is sure to impress those who appreciate a wealthy environment combined with a relaxed atmosphere.
10. Traverse City
Traverse City is one of the wealthiest areas in northern Michigan. This vibrant locale serves as a hub for bustling commerce, lively nightlife, and outdoor recreation. The city center is filled with local farm-to-table restaurants, unique boutiques, bookstores, and bars.
Nearby attractions include several annual festivals, golf courses, wineries, hard cider distilleries, and lakeside retreats. The per capita income in this community is lower than in other areas on this list. However, the high average home prices indicate that it is primarily a destination for the affluent.
