This is the Richest City in Michigan

It's interesting to discover the richest city in a certain area. In Michigan, we have plenty of cities that have a very high median income, but one city stands above the rest when it comes to truly being the richest.

HomeSnacks.com has released an updated list of the richest cities in Michigan. "You either have to own Dunder-Mifflin, Hershey’s Chocolate, or be a descendant of President James Buchanan, to live in our top ten richest cities in Michigan for 2023," they say in the article. Funny stuff.

In order to live comfortably in the cities that HomeSnacks.com deems are among the richest in Pennsylvania, you have to make an average of $90,000 a year. In many of these cities, the median income is much greatest. In addition, HomeSnacks.com adds, "Monetary wealth does make a city rich, but there are cities on our list that are both rich in the dollar as well as rich in amenities. Cities on our list like Perkasie provide the backdrop for fancy wine tasting, and cities like Camp Hill provide multiple outlets for the one activity that rich people like to do most: head to the spa."

So, what's No. 1 richest city in Michigan? East Grand Rapids is at the top of the tally for 2023. The city has a population of just 11,381, a median income of $145,000, an unemployment rate of 1.8% and a poverty rate of just 1.6%, according to the study. Those are pretty good statistics, and it goes without saying that there is a lot of money around the Grand Rapids area. Rounding out the top five richest cities in Michigan are Beverly Hills at No. 2, followed by Huntington Woods, Grosse Pointe Farms and Grosse Pointe Park. Find the full list of cities here.

If you're curious which cities in Michigan have residents with the highest median household income, we have the list for you. It's surprising how much median household income differs from one city to the next. For example, the highest median household income in Michigan is $108,432.33, and the lowest is $11,667. I guess that just goes to show how diverse Michigan is demographically and how some areas of the state have a higher cost of living.

The crew at Zip Atlas has published an updated list of those median household incomes using a variety of data. The site offers a "structured collection of zip code, area code, city and state demographic, social and economic profiles," according to their official website. They add, "Here you will find employment and unemployment rates, industry statistics, household and personal income reports, property value assessment, housing unit occupancy and vacancy breakdown, mortgage and rent analysis, age, gender, ancestry and racial profiles, education attainment levels and school enrolment among many others." In other words, they've complied a range of data in different areas in one locale, including what Michiganders across the state are bringing home in their paychecks.

According to the Zip Atlas study, none of the top 10 cities in the U.S. with the highest median household income are located in Michigan. No. 1 is Short hills, New Jersey, at $185,466, followed by Purchase, New York and Villa Maria, Pennsylvania. In fact, Michigan doesn't even have one city in the top 100 cities in the U.S. That said, Michigan does have some cities that fall inside the top 200 and 300 cities with the highest tally.

So, which Michigan cities have the highest median household incomes? View the list of cities below all the way up to No. 1, and see if your city made the cut. For more information, visit the Zip Atlas website here.

$65,308.00

$65,667.00

$65,688.00

$66,224.00

$66,500.00

$66,667.00

$66,802.00

$66,875.00

$66,940.00

$66,979.33

$67,360.00

$67,463.00

$67,593.00

$67,670.50

$67,875.00

$68,465.50

$68,783.00

$69,180.00

$70,133.00

$70,282.00

$70,527.33

$71,964.00

$72,828.50

$72,983.00

$73,051.00

$73,230.50

$74,069.50

$74,280.50

$74,377.00

$74,932.00

$75,452.00

$75,671.50

$75,680.33

$76,491.00

$77,274.00

$78,982.00

$79,262.00

$79,579.00

$80,555.00

$81,108.00

$81,864.00

$82,886.00

$83,585.33

$83,902.00

$87,062.00

$87,507.00

$89,508.00

$93,950.67

$97,437.00

$108,432.33