Introduction
Detroit has been through a lot in recent years, and many people are looking for new places to live. In this article, we’ll be taking a look at the wealthiest suburbs of Detroit – and why they might be worth your time and money.
Wealthy Detroit suburbs
Sterling Heights
The city has a population of almost 100,000 and it is ranked as one of the safest cities in Michigan. The city’s economy is based on the automotive industry, and it has many large companies that have headquarters there. Sterling Heights also has a number of colleges and universities, including Wayne State University and the University of Michigan-Flint.
Despite the high prices, Sterling Heights is relatively affordable when compared to other suburbs in Detroit. The median home price is just over $250,000, which is lower than the median price in most other parts of Detroit.
Additionally, Sterling Heights has a high rate of employment. Nearly 75% of residents are employed, which is higher than the national average of 63%. This contributes to the high level of prosperity in the area. The strong economy and high employment rates have led to an increase in the number of businesses in Sterling Heights.
There are now more than 2,500 businesses in the suburb, which is more than any other part of Detroit. This influx of businesses has led to an increase in the number of jobs available. The unemployment rate in Sterling Heights is currently just 3%, which is lower than the unemployment rate in most other parts of Detroit. Overall, Sterling Heights is a prosperous suburb.
Bloomfield Hills
Bloomfield Hills has a population of over 4,578 and is considered one of the most liveable cities in Michigan. Bloomfield Hills was originally founded in 1885 by Henry Ford and his wife Hannah. It was once known as the “Car Capital of the World.” Today, it is still a popular place to live, with excellent schools, shopping, and recreation options.
With a median income of over $178,894, Bloomfield Hills is one of the most expensive places to live in Michigan. It also has a high percentage of college-educated residents, which may account for its prosperity. There are plenty of amenities here, including a number of excellent schools and plenty of shopping options.
Warren
It is home to many affluent families who are looking for a quiet and safe place to raise their children. Warren also has a growing economy thanks to the thriving automotive industry. There are many opportunities for businesses and people in Warren, and it is becoming one of the most desirable places to live in Michigan.
The city is known for its beautiful lakes and trails, as well as its strong economy. Warren also has some of the best schools in the state, making it a great place to raise a family. The town has a population of around 27,000 people and is growing rapidly. Many new businesses have opened up in Warren in recent years, including a number of technology companies. It is considered to be a safe community.
Franklin
Franklin has a population of over 100,000 and is home to some of the most prestigious schools in the area. Franklin is also known for its wealth and its approach to life. The community is founded on principles of self-reliance, hard work, and community involvement. This makes Franklin a great place to live if you want to be surrounded by like-minded people who are committed to creating a positive future for themselves and their families.
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Franklin is known for its luxury homes, golf courses, and excellent schools. The community is also close to many popular attractions, including The Henry Ford Museum and Detroit Zoo. The city’s economy is based on manufacturing, services, and tourism. Franklin is also home to several notable schools and businesses, such as Quicken Loans, Ford Motor Company, and Comerica Bank.
Grosse Isle
The median income for Grosse Isle residents is over $100,000 a year. The suburb is also home to many businesses and organizations, including Ford Motor Company and General Motors. Grosse Isle is a great place to live if you are looking for a high-income environment with plenty of amenities.
Grosse Isle is a wealthy Detroit suburb that has seen its population grow significantly in the past few years. It’s now one of the most populous suburbs in Michigan and boasts a wide range of amenities, including excellent schools, a well-developed economy, and plenty of shopping options. The area is also home to many affluent families who have been attracted by the suburb’s excellent real estate values and its proximity to downtown Detroit.
Grosse Pointe Shores
Grosse Pointe Shores has a population of about 24,000 people and is located just south of Detroit. Grosse Pointe Shores is known for its luxurious homes, golf courses, and beaches. It has a median household income of over $172,250.
It is home to many affluent families who are interested in keeping up with the latest trends and technologies. Grosse Pointe Shores is known for its prestigious schools and its beautiful scenery. There are many luxury shops and restaurants in the area, as well as many large homes.
If you’re looking for a suburb that offers all the trappings of a luxurious lifestyle without all the stress, Grosse Pointe Shores might be the perfect place for you.
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Lake Angelus
The area is known for its beautiful lakes and rolling hills. It’s also close to many popular attractions, including the Detroit Zoo, the Detroit Institute of Arts, and downtown Detroit. Many people who live in Lake Angelus commute to work in downtown Detroit. The area has a well-developed transportation system that includes buses, trains, and cars. It’s easy to get around thanks to all of the amenities that the area has to offer.
Lake Angelus is a wealthy Detroit suburb that has been in the same family for over 100 years. It is home to many affluent people who have built some of the most luxurious homes in Michigan. The homes are nestled among the trees and offer stunning views of Lake Angelus. Many of the homes have swimming pools and tennis courts, making it an ideal place to live.
Orchard Lake Village
The village has a population of around 28,000 and is home to many affluent families. It is also one of the safest places to live in the Detroit area. In fact, it has a lower crime rate than the city of Detroit itself. Orchard Lake Village is a great place to raise a family, and its schools are some of the best in the state.
It is home to many high-income families. The village is known for its luxury homes and beautiful scenery. It is also one of the few places in Detroit where you can find a nice view of Lake Erie. The village was founded in the 1920s and was originally conceived as a Methodist farming community. Today, it is home to many wealthy families who have built large homes on large lots. There are many amenities available to residents, including a golf course, a lake, and a private club.
Conclusion
There are many wealthy Detroit suburbs, and they offer a variety of lifestyle options. Some have thriving economies and high concentrations of technology companies, others boast thriving arts scenes or luxurious golf courses. Whatever your interests or needs may be, there is likely an affluent suburb near you that can accommodate them. If you’re thinking about moving to one of these suburbs, be sure to do your research first so you can make the best decision for yourself and your family.
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