What’s the Richest Zip Code in Michigan?
Each U.S. state has a wealthiest zip code. But, of course, that number varies a lot per state, since every state has a different cost of living. For example, one state’s wealthiest zip code might seem like peanuts compared to another state’s numbers. But, it’s all relative. So, have you ever wondered what’s the richest zip code in Michigan? Let’s get into the latest data, as it changes constantly.
First, let’s look at the most expensive place to live in the entire U.S. Do you have any guesses? It’s in California, which is not a big surprise. Everyone loves sunny California. The Bel Air neighborhood in Los Angeles is the most expensive place to live in the entire country, according to the latest numbers from the United States Census Bureau. That totally makes me think of “The Fresh Prince of Bel-Air.” Homes in Bel Air have a median price of $8,625,000, according to a Realtor.com study on the most expensive ZIP codes in the U.S. As for methodology, Realtor.com used data on the “highest median home list price in October” of 2023, “excluding areas with fewer than 25 listings.” They also note that, “Many are upscale vacation destinations popular with the uber-wealthy.”
As for where you can get a deal, according to the U.S. Census Bureau numbers, rural states have homes with the most affordable ZIP codes, in general. Also, the current U.S. median home price of $431,000, according to the latest U.S. Census data. That still seems high to me, but you’re factoring in states such as the aforementioned California, so there’s that.
So, what’s the richest zip code in Michigan? According to Realtor.com, it’s Bloomfield Hills, a suburb of Detroit, with the zip code 48301. The median list price is $1,084,750 and median square footage is 3,730. Also, according to Realtor.com, the most expensive listing is $2,950,000, which is a 6,300-square-foot, four-bedroom home. Just four bedrooms with all that square footage? Interesting. Find the full list here.