
This is the Richest Small Town in Michigan. Where is it?
Median personal income, home value and level of education, all play a roll in determining a towns value. Is it a rich community, middle of the pack or lower income area.
We have discussed the low income areas in Michigan and the safest to most dangerous cities. But, where do the really rich live?
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Here in Grand Rapids and West Michigan, East Grand Rapids would be considered the richest small town.
East Grand Rapids, centered around Reeds Lake, has a population of just over 11 thousand, so that would qualify as a small town.
According to the website suburbs101.com, East Grand Rapids has a median household income of $194,656 thousand dollars. The Median home price is $654,808, and is highly educated with nearly 80% holding a Bachelors Degree.
So, is East Grand Rapids the richest small town in Michigan?
It's not close. They rank number ten on the richest list in Michigan, and the richest small town in Michigan is way above that. It is.....
BARTON HILLS!
What? Barton Hills? Where in the world in Barton Hills, Michigan?
Barton Hills is just outside of Ann Arbor, with a population of 361. The Village of Barton Hills is located in Washtenaw County, and is one of the richest suburbs of Ann Arbor with a small-town charm and views of Huron River.
How rich is Barton Hills?
Rich!
Suburb101.com says the median income is $421,909. the median home price is over $1 million dollars, $1,416,635 to be exact, and Barton Hills residents are highly educated with 94% holding a Bachelor's Degree or higher.
Well, that is just a wee bit out of my price range, so I'll stay here is West Michigan. I am blessed with a wonderful wife, family and life. I'll hang on to that.
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