Question: What Is The Richest Town In Michigan?

What is the richest county in Michigan?

Livingston CountyLivingston County — with a median household income of $80,897 — is Michigan’s wealthiest, according to estimated numbers for 2014-2018 just released by the U.S.

Census Bureau..

Where is the best place to retire in Michigan?

10 Best Cities to Retire in MichiganInkster.Mount Morris.Jackson.Bay City.Detroit.Muskegon.Eastpointe.Adrian.More items…

How poor is Michigan?

Roughly 16 percent of Michigan residents – including one in four (23%) of its children and 17 percent of its senior citizens – live in poverty. MCA advocates for policies, programs and the resources that help people get out of poverty and become economically self-sufficient.

What is the cheapest city to live in in Michigan?

Here’re 10 Best & Most Affordable Cities to live in Michigan for 2021.Lansing.Muskegon.Kalamazoo.Manistee.Battle Creek.Iron Mountain.Albion.Springfield.More items…•

What is the nicest city in Michigan?

For the complete list, click here.Troy. Troy, a large Detroit suburb of over 83,000, is Michigan’s best city to live in. … Royal Oak. The regally named Royal Oak ranks #2 on the list. … Bloomfield Hills. … Rochester. … Farmington.

How many billionaires are there in Michigan?

TableRank by Number of Billionaires (9/15/20)State or Federal DistrictBillionaires/ State’s 10M pop. (7/19 Census) (9/15/20)11Nevada35.7117Michigan7.018Pennsylvania9.3714Colorado13.8949 more rows

What is considered rich in Michigan?

A new report has crunched numbers to determine how much money you need to make to be considered “rich” in Michigan. … Business Insider says that overall in the U.S., you’d have to earn $118,080 to be rich. But that isn’t true for many cities, including Detroit, where that number is actually a little lower.

Is Michigan a poor state?

Map of poverty rate in the United States in 2014….States, federal district, and territories.Rank38StateMichigan2018 Poverty rate (percent of persons in poverty)14.1%2014 Poverty Rates (includes unrelated children)27.6%Supplemental Poverty Measure (2010–2014 average) (Geographically Adjusted)13.5%53 more columns

How much money do you need to retire in Michigan?

So if you currently live on $3,000 per month, you would need anywhere from $1,800 to $2,400 per month at retirement to match your current lifestyle.

Why is Michigan so cheap?

It’s cheap to live in Michigan because employers don’t pay very much and there’s excess housing available in many areas. … Housing is lower cost because MI does not have a lot of high priced land to drive up the cost.

What’s the most expensive place to live in Michigan?

Top ten most expensive cities in MichiganCityAverage Price#1Birmingham$1,099,968#2Bloomfield Hills$1,070,063#3Harbor Springs$636,628#4New Buffalo$583,3156 more rows

What is the poorest city in Michigan?

HamtramckHamtramck is the poorest town in Michigan and one of the poorest towns in the United States. Hamtramck is one of only three towns in the United States where over half of the population lives below the poverty line.

How much money do you need to live comfortably in Michigan?

Families with two adults and two children in the Detroit-Livonia-Warren metro need an annual income of $79,308 – or $6,609 per month – to live comfortably, according to the Economic Policy Institute.

Is Michigan a nice place to live?

Michigan is famous for being the bedrock of America’s auto industry, but the Great Lake State is as perfect a state as they come. … 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.

What is the richest city in Michigan?

Bloomfield HillsThe 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.

Where should I not live in Michigan?

The 10 Worst Places To Live In Michigan For 2021River Rouge.Dowagiac.Detroit.Highland Park.Benton Harbor.Romulus.Pontiac.Muskegon Heights.More items…

What is a good salary in Michigan?

Michigan Average While ZipRecruiter is seeing salaries as high as $119,935 and as low as $18,079, the majority of Average salaries currently range between $43,653 (25th percentile) to $65,259 (75th percentile) with top earners (90th percentile) making $79,369 annually in Michigan.

What predators are in Michigan?

Michigan’s Largest Predators!BLACK BEARS. Of the approximately 17,000 black bears in Michigan, 90% are in the U.P. … COUGARS. Michigan’s cougar population declined around the year 1900 but have been seen time to time, not just in the Upper Peninsula, but in the lower as well. … WOLVES.