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.
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.
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.
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.
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Serena Maria Daniels is an award-winning freelance journalist in Detroit, by way of Chicago, by way of the West Coast. She writes about Michigan for OIYS. Serena enjoys learning about language and culture and taking road trips with her beagle Ralph.
