Michigan's Richest Small Town Has A Median Income Of $200k A Year

Michigan has some great small towns.

One of those holds the title of Michigan's richest small town.

GoBankingRates analyzed U.S. Census Bureau income data in locations in every state with 500 to 15,000 households to determine the wealthiest small towns in America.

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For Michigan that town had a median income over $200,000

The State of Michigan may have money that belongs to you. — credit: SIphotography

What Is Median Income?

The median income is the income amount that divides a population into two equally-sized groups, with half having an income above that amount and half having an income below that amount.

Neighboring States Richest Small Town

Indiana: Meridian Hills
Median Income: $172,969

Wisconsin: River Hills
Median Income: $178,750

Ohio: New Albany
Median Income: $206,130

Illinois: Kildeer
Median Income: $226,375

Michigan's Richest Small Town Has A Median Income Of $200k A Year

For Michigan, the richest small town is Orchard Lake Villiage City.

City of Orchard Lake Village welcome sign — City of Orchard Lake Village

Michigan: Orchard Lake Village City
Median Income: $203,750

The City of Orchard Lake Village nestles among sparkling lakes in Oakland County, Michigan, about 25 miles northwest of Detroit.

About 43 percent of the City of Orchard Lake Village is occupied by lakes and ponds.

City of Orchard Lake Village via Facebook

The City surrounds its namesake, Orchard Lake, but also includes a portion of Upper Straits Lake and borders, along its northern limits, the waters of Cass Lake.

A number of smaller lakes, ponds and wetlands reside within the community as well.

These water features and their associated woodlands and wildlife have long attracted settlers to the area - from the Native Americans, who hunted and fished among the lakes, to the residents of today, who enjoy beauty, recreational opportunities and comfortable living that the community provides.