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Home » United States » How many millionaires are in Michigan?

How many millionaires are in Michigan?

December 14, 2021 by Trevor Zboncak

List

Rank State Number of millionaire households
9 Ohio 261,157
10 Massachusetts 254,201
11 Georgia 239,287
12 Michigan 236,858

Contents

What is the wealthiest city in Michigan?

Wealthiest City in Michigan: Bloomfield Hills

  • Number of households: 1,325.
  • Median household income: $178,894.

Who is richest person in Michigan?

Five Michigan billionaires have made Forbes list of the 400 wealthiest Americans for 2021 — and the names aren’t much of a surprise.

  • Dan Gilbert. Ranked at No.
  • Hank and Doug Meijer. No.
  • Mat Ishbia.
  • Ronda Stryker.
  • Marian Ilitch.

Which US state has the most millionaires?

This statistic presents the American states with highest ratio of millionaire households per capita in 2020. In that year, New Jersey had the highest ratio of millionaire households per capita in the country, with 9.76 percent of households holding over one million U.S. dollars in assets.

Is Michigan a wealthy state?

From the 2021 edition of Rich States, Poor States.
Current Economic Outlook Ranks (2021 Edition)

State 2021 Ranking
Michigan 16th
Virginia 17th
Alaska 18th
New Hampshire 19th

Where do millionaires live in Michigan?

The 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.

What is the prettiest city in Michigan?

The Most Beautiful Towns in Michigan, USA

  • South Haven. Natural Feature. View.
  • Traverse City. Architectural Landmark. View.
  • Ontonagon County. Natural Feature. View.
  • Ann Arbor. Natural Feature. View.
  • Frankenmuth. Architectural Landmark. View.
  • Grand Rapids. Natural Feature.
  • Mackinac Island. Natural Feature.
  • Marquette. Architectural Landmark.
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Who is the wealthiest family in Michigan?

Brothers Hank and Doug Meijer together own Michigan-based supermarket chain Meijer, which has 230 stores in the Midwest. They are worth an estimated $16.9 billion and was ranked 171 on Forbes’ list of 2021 billionaries. Their grandfather Hendrik, a Dutch immigrant, started the company back in 1934, according to Forbes.

Are there any millionaires in Michigan?

This is a list of U.S. states and federal district by the number of households with more than $1 million in investable assets as of 2020 (data for the year 2019).
List.

Rank 12
State Michigan
Number of millionaire households 236,858
Share of millionaire households 5.97%

What is the most expensive county in Michigan?

Michigan counties by per capita income

Rank County Per capita income
1 Oakland $56,138
2 Leelanau $32,194
3 Livingston $31,609
4 Washtenaw $31,316

How can you tell if someone is secretly rich?

12 signs someone is secretly rich and wealthy

  • 1) They’re endlessly curious about new ideas and information.
  • 2) They go easy on using their credit card for optional purchases.
  • 3) It’s hard to pin down their career to just one job.
  • 4) They laugh at rich douchebags who show off.

Are there any states with no billionaires?

[W]hen a team of reporters from Forbes magazine went looking for the richest person in every state, they found billionaires in every state except six: Alabama, Alaska, Delaware, New Hampshire, New Mexico and Vermont. Abele is 82, according to Forbes.

What percentage of Americans have a net worth of over $1000000?

A new survey has found that there are 13.61 million households that have a net worth of $1 million or more, not including the value of their primary residence. That’s more than 10% of households in the US. So the US is definitely the country with the most millionaires.

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Is the state of Michigan poor?

Poverty by the Numbers
Today, 1.4 million Michiganders fall below the poverty level, but more importantly, the United Way’s ALICE Report shows that 43% or 4.3 million of working Michigan households struggle to afford the necessities like housing, childcare, food, technology, health care and transportation.

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

Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 3 Children
Required annual income after taxes $23,194 $54,082
Annual taxes $5,160 $12,033
Required annual income before taxes $28,354 $66,115

Is Michigan considered a poor state?

All data is from the United States Census Bureau.
States, federal district, and territories.

Rank 34
State Michigan
2019 Poverty rate (percent of persons in poverty) 13.0%
2014 Poverty Rates (includes unrelated children) 27.6%
Supplemental Poverty Measure (2017–2019 average) (Geographically Adjusted) 9.7%

What is the richest zip code in Michigan?

List of 25 Wealthiest Zipcodes in Michigan
Rank Zipcode Zip Name
1 48304 Bloomfield Hills
2 48009 Birmingham
3 48302 Bloomfield Hills

Is Franklin Michigan wealthy?

The wealthiest person in the city is Daniel Gilbert, 24/7 Wall St. reported.
The Center Square.

State Michigan
City Franklin
Combined Net Worth of Billionaires in City $49.7 billion
Wealthiest Billionaire in City Daniel Gilbert

What is the most expensive neighborhood in Michigan?

Top ten most expensive cities in Michigan

City Average Price
#1 Birmingham $1,099,968
#2 Bloomfield Hills $1,070,063
#3 Harbor Springs $636,628
#4 New Buffalo $583,315

What is the best small town to live in in Michigan?

Nestled on the coast of Lake Michigan is the waterside town of your dreams. Complete with an old-style lighthouse and a bustling downtown scene, Ludington is one of Michigan’s best small towns. This is the place to go if you’re one with the water and love a good kayak/boat/canoe ride.

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What is the safest place in Michigan?

STERLING HEIGHTS (WWJ) — One metro Detroit town has been named the safest big city in Michigan! Newly-released data from the FBI shows that out of all communities in the state with a population of over 100,000, Sterling Heights recorded the lowest violent crime and property crime rates.

Filed Under: United States

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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