Detroit has some neighborhoods that have managed to hold on and prosper. In this article, we’ll take a look at the 10 richest neighborhoods in Detroit.
Richest neighborhoods in Detroit
One of the wealthiest neighborhoods in Detroit is Royal Oak. This affluent community is made up of mostly affluent families that have been living there for years. It has a lot to offer its residents, including great schools, great shopping, and plenty of entertainment options. The city has done a great job of preserving the historic charm of the neighborhood while still providing all the modern amenities that today’s families want.
Royal Oak also has a high concentration of businesses and professionals. In addition, the neighborhood has a high percentage of single-family homes and a low percentage of apartments. This Detroit suburb has a median household income of over $101,000, and its average home value is over $300,000. There are many luxury homes in Royal Oak, but the neighborhood also has plenty of affordable options. If you’re interested in buying a home in Royal Oak, be sure to research the neighborhoods that interest you. You may find that one of the more affluent areas is too expensive for your budget.
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West Bloomfield Charter Township
West Bloomfield Charter Township is the wealthiest neighborhood in Detroit. It has a median household income of over $103,000, which is more than twice the median household income of the city as a whole. This high income is likely due to the fact that West Bloomfield Charter Township is very affluent. There are many wealthy residents and businesses in this area. Some of the most notable businesses include Ford Motor Company, DTE Energy, Compuware, and Quicken Loans. All these companies are located in West Bloomfield Charter Township.
Birmingham has a high population density, which means that there are a lot of businesses and restaurants in the area. This makes it an attractive place to live, work, and raise a family. The neighborhood is also close to many cultural attractions, including the Detroit Institute of Arts and the Michigan Theater. There are also a lot of parks in Birmingham, making it a perfect place to spend a day outdoors.
It has tons of businesses and a lot of young professionals. There are many beautiful homes in this neighborhood, and it’s also home to some great restaurants and nightlife. Birmingham has a median household income of over $101,000, which is more than double the median household income in Detroit as a whole. The neighborhood is also home to many wealthy families and businesses. Some of the most well-known companies in Birmingham include DTE Energy, Lear Corporation, and Delphi Automotive.
This affluent suburb is home to many of Detroit’s wealthiest citizens. It also has a high population of college graduates, which may explain its high-income levels. Aside from its wealthy residents, Rochester is also home to many businesses and organizations. This makes it a great place to live if you want to be close to everything.
This neighborhood is situated in the heart of Detroit and has a median household income of over $101,000. Additionally, the area has an excellent safety record, with only 2 homicides occurring in 2018. If you’re looking for a place with plenty of amenities, Rochester is definitely worth considering. There are plenty of high-end stores and restaurants to choose from, as well as a variety of parks and recreational facilities.
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Oakland Charter Township
This township is home to many affluent families who enjoy the conveniences and amenities that come with living in a highly-developed community. There are many great schools in this area, as well as plenty of shopping, dining, and entertainment options. If you’re looking for an upscale lifestyle without all of the hustle and bustle of the city, Oakland Charter Township is definitely the place to live.
It has a median household income of over $154,215, and the percentage of households earning over $200,000 is above the citywide average. The township also has a high percentage of college-educated residents, which is likely due to its many universities and colleges. Some of the top schools in the area include Cranbrook Kingswood School, Oakland University, and Wayne State University.
This neighborhood has a median household income of over $200,000. The homes in this neighborhood are all very large and many of them have been converted into rental properties. The majority of the residents in this neighborhood are white, but there are also a few African American and Latino families living there.
Broomfield Hill is home to some of the wealthiest people in the world, and it’s easy to see why. The homes in this neighborhood are large and beautiful, and they are situated on large lots. The streets are well-maintained, and there are many places to enjoy a nice cup of coffee or a meal. If you’re looking for a place to raise your family, this is definitely the neighborhood for you.
Grosse Pointe Park
This neighborhood is home to some of Detroit’s wealthiest residents, and it has plenty of amenities to accommodate them. There are plenty of great schools in the area, as well as excellent shopping and dining options. Plus, Grosse Pointe Park is close enough to downtown Detroit that you can easily get to all the sights and sounds of the city.
This affluent suburb is home to some of the most expensive homes in Detroit. In fact, the median home value in Grosse Pointe Park is $2.8 million. That’s more than triple the median home value in Detroit as a whole! And if luxury isn’t your thing, Grosse Pointe Park also has plenty of other amenities to offer.
Farmington is one of the wealthiest neighborhoods in Detroit. It has a population of about 24,000 people and an average household income of over $100,000. The neighborhood is home to many businesses, including a number of healthcare companies. It also has a number of historic homes that have been restored and are now used as offices, restaurants, and hotels.
It’s home to many wealthy families who have made a fortune in business or in the arts. Harper Woods is also popular for its schools. The neighborhood has many well-known private schools, including the prestigious Cranbrook School and Bloomfield Hills Country Day School. Harper Woods is also home to several colleges, including the University of Michigan and Wayne State University.
Harper Woods has a median household income of over $100,000, and the percentage of households earning more than $200,000 is above the citywide average. The housing stock in Harper Woods is mainly single-family homes, which are priced at a high level. This makes it an attractive option for people who want to live in a luxurious neighborhood without having to spend a lot of money.
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Located in the southwest corner of the city, these neighborhoods boast an average household income of over $200,000. In addition to high incomes, these neighborhoods also have a high percentage of college-educated residents. This means that there is a lot of money to be made and plenty of opportunities for entrepreneurs. The neighborhood is home to many businesses, including a number of high-tech companies. There are also plenty of attractions in the area, such as the Detroit Zoo and Ford Field.
There is no one-size-fits-all answer to this question, as the demographics of each neighborhood in Detroit are unique. That said, some neighborhoods that come to mind as being among the wealthiest in Detroit include Bloomfield Hills, Grosse Pointe Shores, Detroit-Windsor Hills, and West Bloomfield Township. If you’re interested in finding out which neighborhoods in Detroit, make the list of richest communities, be sure to check out our article on the 10 richest neighborhoods in Detroit!
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