Michigan Destination Named 'Richest City' In The Entire State

Have you ever driven through a city or a small town and admired its clean streets, beautiful architecture, and large houses? These attributes could be a credit to the pride of the town's residents in keeping up with living standards, or the city could house a lot of wealthy locals.

According to a list compiled by 24/7 Wall St., the richest city in all of Michigan is Ann Arbor. The median household income in Ann Arbor is $79,665 compared to a statewide income of $66,986. 366,376 people currently live in Ann Arbor.

Here's what 24/7 Wall St. had to say about compiling the data to discover the richest city in Michigan:

"Using metro area level data on median household income from the U.S. Census Bureau’s 2022 American Community Survey, 24/7 Wall St. identified the richest city in every state. Additional income and population data also came from the ACS. It is important to note that four states – Delaware, New Hampshire, Rhode Island, and Vermont – have only one metropolitan area. As a result, the cities listed in these places rank as the richest by default only. "

For a continued list of the richest cities across the country visit 247wallst.com.