The 10 Richest Neighborhoods In Detroit, MI For 2021


We used science and data to determine which Detroit neighborhoods have the richest people.

Editor’s Note: We updated this article for 2021. This is our seventh time ranking the richest neighborhoods to live in Detroit.

Richest Neighborhoods In Detroit

Welcome to the land of the 1%. Where you'll find lawyers, and doctors, and business executives. And while they probably aren't made of ticky tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Detroit has to offer. Where houses go for over 1.78x the national median and household incomes are 2.71x the national median.

But where exactly in Detroit do the richest of the rich people live? That would be Palmer Woods where the median income is a cool $148,977.

Here's a look at the top 10 richest neighborhoods in Detroit out of 92 for 2021.

What's the richest neighborhood to live in Detroit for 2021? According to the most recent census data, Palmer Woods looks to be the richest Detroit neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $734,883. And that my friend, is more 0s than most of us will see in our bank account for a long, long time -- if we ever get that lucky. Continue on to find where your neighborhood ranks amongst the richest in Detroit. Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest.

For more Detroit reading, check out the best neighborhoods in Detroit and the worst neighborhoods in Detroit. Or, for living around Detroit, out the best Detroit suburbs and the worst Detroit suburbs.

For more Michigan reading, check out:

How We Determined The Wealthiest Neighborhoods In Detroit For 2021

Every city has it's best neighborhoods -- where everyone wants to live -- and the worst neighborhoods -- where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we really mean you because there's always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using census and extrapolated BLS data, we ranked every neighborhood based on income levels.

We ranked every neighborhood in Detroit by median income from highest to lowest. The neighborhood with the highest median income, Palmer Woods, was named the richest neighborhood in Detroit.

The poorest neighborhood? That would be Minock Park.

Now a look at how all the neighborhoods in Detroit ranked.

For more Michigan reading, check out:

Detailed List Of The Richest Neighborhoods In Detroit For 2021

Rank Neighborhood Median Household Income<
1 Palmer Woods $148,977
2 Sherwood Forest $101,429
3 University District $77,849
4 North Rosedale Park $71,137
5 Detroit Golf $66,708
6 Indian Village $64,062
7 Grandmont $55,696
8 Rosedale Park $54,763
9 Rivertown $48,429
10 Old Redford $45,833
11 Eliza Howell $45,321
12 Park $45,081
13 East English Village $44,385
14 Woodbridge $44,060
15 Regent Park $43,734
16 Belmont $42,218
17 West Side Industrial $42,084
18 Martin Park $41,604
19 Joseph Barry $41,544
20 Downtown $39,360
21 Morningside $38,814
22 Oakwood Heights $38,333
23 Bagley $38,046
24 Aviation $37,824
25 Green Acres $36,979
26 Grixdale $35,976
27 Millenium Village $35,035
28 Van Steuban $34,416
29 Corktown $34,167
30 Russell Woods $33,192
31 Carbon Works $33,125
32 Marina District $32,467
33 Pulaski $32,341
34 Mohican Regent $32,005
35 Berg-Lasher $31,926
36 Jefferson Chalmers $31,505
37 Chandler Park $31,409
38 Greensbriar $31,313
39 Hubbard-Richard $31,279
40 Grandmont-Rosedale $30,985
41 Castle Rouge $30,804
42 Art Center $30,184
43 Brush Park $30,055
44 Michigan-Martin $30,051
45 Ravendale $29,362
46 Springwells $29,316
47 Virginia Park $29,236
48 Franklin Park $29,235
49 The Eye $28,934
50 Lasalle College Park $28,500
51 Riverdale $28,243
52 Warrendale $27,970
53 Gold Coast $27,832
54 Boynton $27,823
55 Grandale $27,806
56 English Village $27,344
57 Five Points $27,084
58 Islandview $26,975
59 Westwood Park $26,000
60 Lafayette Park $25,886
61 Lasalle Gardens $25,774
62 Conant Gardens $25,622
63 Core City $25,587
64 Southwest Detroit $25,383
65 Barton-Mcfarland $25,195
66 Brightmoor $24,947
67 Fitzgerald $24,535
68 Conner Creek Ind $24,371
69 West Village $24,191
70 Eight Mile Wyoming $24,143
71 Weatherby $23,734
72 Fishkorn $22,662
73 Blackstone Park $22,553
74 Milwaukee Junction $22,039
75 Mcdougall-Hunt $21,728
76 Wayne State $21,459
77 Kranz Woods $20,637
78 Midtown $19,407
79 Elmwood Park $19,106
80 Alden Park $18,831
81 Petosky-Otsego $18,799
82 New Center $17,862
83 Nw Goldberg $17,793
84 Medical Center $17,291
85 Herman Gardens $16,440
86 Poletown East $16,286
87 Chaldean Town $16,172
88 Briggs $15,460
89 Forest Park $14,872
90 State Fair Grounds $11,771
91 Jefferies $9,809
92 Minock Park $0

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.