Here Are The 10 Richest Cities In Michigan

Michigan often gets a bad rep in terms of its economic stability. But the fact is that some of the richest communities in the country are right here. It has a lot to do with the legacy the automotive industry has had on our nation, a legacy that got its start in the Mitten. Here are 10 of the richest cities in Michigan, based on tax return data aggregated by the IRS.

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Residents of this western Michigan city take home an average of $124,583 in gross annual income.

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Residents of Rochester Hills, who earn an average of $124,944 in adjusted gross income, enjoy quieter scenery, while still having access to city life not too far away.

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Tucked between Pleasant Ridge and Royal Oak, residents of this sleepy bedroom community boast an impressive average adjusted gross income of $127,871.

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This city ranked high on our list of best places to live. Part of that had to do with the average adjusted gross income of its residents: $129,555.

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This community, whose average adjusted gross income stands at $132,760, is one of the very safest cities in the country.

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Residents here earn an average of $145,707 in adjusted gross income. That comes in handy with the community's many shopping amenities.

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Home to Amway, residents here average some $150,133 in adjusted gross income.

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The wealth really shows in this upscale Oakland County city, with residents' adjusted gross income averaging $171,055.

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No, there is no Rodeo Drive in this suburban community, but it still has some of the wealthiest residents in the state, with an average adjusted gross income of $195,151.

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Bloomfield Hills is home to three zip codes that boast some of the highest average adjusted gross incomes in the state: No. 1, $222,562 (48304); No. 2 at $208,196 (48302); and No. 4 at $184,777 (48301). Pictured here, Cranbrook Gardens.

You’ll see quite a bit of Oakland County representation, as it’s among the very wealthiest in the entire country. But just because residents of these cities are well-off financially, does it make these communities better places to live? Tell us what you think of these findings and whether you think money buys happiness in the comments below.