What Is the Richest Town in Michigan? The Answer May Surprise You!

Michigan is a state of contrasts when it comes to wealth. From revitalizing urban centers to struggling rural towns, the economic landscape varies widely. Amid this diversity, you might assume Michigan’s richest community is a well-known suburb like Bloomfield Hills or a lakefront enclave in the Grosse Pointes. But the answer may surprise you: the richest town in Michigan is actually the small city of Orchard Lake Village. This quiet Metro Detroit suburb, tucked amid several lakes in Oakland County, boasts an eye-popping median household income that far outpaces the rest of the state. In an era of growing wealth disparity, understanding where wealth is concentrated – even in an unassuming lakeside village – is eye-opening for locals and newcomers alike. And it’s not just trivia; it speaks to broader trends in Metro Detroit suburbs and the housing market that families and professionals may care about.

So why should Michigan residents care which town is the wealthiest? For one, it highlights how wealth disparity can exist even at the local level – informing discussions about schools, taxes, and community resources. It also shines a light on opportunities: areas of affluence often have highly rated schools, low crime, and well-funded amenities that benefit those who live nearby. Whether you’re curious about Michigan’s most affluent suburbs or contemplating where to find Michigan luxury homes, the story of Orchard Lake Village offers valuable insight. Let’s dive into what makes this community so surprisingly wealthy and what life is like in Michigan’s richest town.

City of Orchard Lake Village, Facebook

Richest Town in Michigan: Orchard Lake Village

It’s official – by the numbers, Orchard Lake Village is the richest town in Michigan. This petite city (population just over 2,000) sits about 25–30 miles northwest of Detroit, yet it has a median household income more than three times the Michigan median. According to the latest U.S. Census data, the median household income in Orchard Lake Village is around $212,800 per year. For context, Michigan’s statewide median household income is roughly $70,000. In other words, the typical Orchard Lake household earns in the neighborhood of $140,000 more per year than the typical Michigan household – a staggering wealth gap.

To put it another way, this Metro Detroit suburb of Orchard Lake Village isn’t just a little above average; it’s an outlier. In fact, recent analysis found that it qualifies as the wealthiest “small town” in Michigan, based on income data from the U.S. Census Bureau’s American Community Survey. GoBankingRates ranked Orchard Lake Village #1 in Michigan for small-town wealth, with a median annual income of about $203,750 (data current as of 2023). Other sources using 2023 updates peg the median closer to $212k, reflecting continued growth in local incomes. No matter how you slice it, we’re talking about a quarter-million-dollar (nearly) median income in a town of just a few thousand people.

Why such high incomes? Orchard Lake Village is home to many successful professionals, entrepreneurs, and business owners. Census figures show that over half of local households earn more than $200,000 a year, an astounding concentration of affluent families. By comparison, only about 7% of U.S. households earn above $200k, and even in upscale Oakland County, the share is far lower. The per capita income in Orchard Lake Village is equally impressive – well into the six figures (over $120,000 per person on average), which indicates significant wealth even on a per-individual basis. In short, Orchard Lake Village’s residents are, on the whole, extremely well-off financially, making it the richest town in Michigan by a comfortable margin.

It’s also worth noting that Orchard Lake Village isn’t a flashy, large city – it’s a small, quiet community that many Michiganders might not even be familiar with. Tucked between West Bloomfield and Keego Harbor in Oakland County, Orchard Lake Village covers only about 4 square miles of land (much of it water or wooded). The U.S. Census estimates the population at roughly 2,200 people as of 2023. This is a place where neighbors know each other and “downtown” is more concept than reality – essentially a residential enclave built around natural beauty. That makes its status as the wealthiest town all the more surprising, and perhaps intriguing for those who want to understand how such prosperity landed here.

Orchard Lake Village Demographics and Lifestyle

Orchard Lake Village demographics help paint a picture of the community behind the big income numbers. The median age in the village is about 51 years, significantly older than Michigan’s median age (~40). This suggests many residents are established in their careers or enjoying retirement in comfort. It’s a predominantly white and Asian community, with about 68% White and 13% Asian residents, along with smaller percentages of other races. Families in Orchard Lake tend to be well-educated and financially secure. In fact, educational attainment is one of the hallmarks of the community – nearly 68% of adults hold at least a bachelor’s degree (including roughly 39% with a master’s or higher), far above national averages. A highly educated population often correlates with higher incomes, and that seems to hold true here.

Lifestyle in Orchard Lake Village is shaped by both affluence and its natural surroundings. The city is aptly named, sitting on the shores of Orchard Lake and adjacent to several other waterways (Cass Lake, Upper Straits Lake, Pine Lake, and more). Residents enjoy a quiet, luxurious lakeside lifestyle. Crime rates are exceedingly low – the village earns an “A+” for low crime and safety in local rankings, making it one of the safest places in Michigan. Nearly 96% of households are owner-occupied homes (versus ~65% nationally), which signals a stable, invested community of homeowners. Many of those homes are spacious estates on large lots, as we’ll explore in the real estate section, which adds to the exclusive feel of the area.

Here are a few key demographic and community facts about Orchard Lake Village:

• Small Population, High Incomes: Only ~2,200 residents, but a median household income around $212,813 (dwarfing the state median of ~$70k). Over 54% of households earn above $200k annually, which is virtually unheard of in Michigan communities.
  
  
• Highly Educated Residents: Roughly 68% of adults have a bachelor’s or higher degree, with 39% holding graduate or professional degrees. This points to many professionals in fields like medicine, law, finance, or business leadership living in the village.
  
  
• Lakeside Living and Recreation: Orchard Lake Village is surrounded by pristine lakes, woodlands, and wetlands. Those who live (and visit) here can enjoy swimming, boating, fishing, and water sports on Orchard Lake and neighboring lakes. There are also nature trails and a protected Orchard Lake Nature Sanctuary for hiking and wildlife viewing. The community’s name-sake, Orchard Lake, provides a picturesque backdrop and year-round recreation from summer sailing to winter ice-fishing.
  
  
• Family-Friendly and Safe: The village consistently ranks among Michigan’s best suburbs to raise a family and best places to live. The public schools serving Orchard Lake (primarily through the West Bloomfield and Bloomfield Hills districts, and nearby top-tier options like International Academy) are highly rated. Low crime and well-maintained neighborhoods add to the family-friendly appeal. It’s a close-knit, peaceful community with community events and access to country clubs, lakeshore parks, and upscale shopping/dining just a short drive away in surrounding towns.

Despite its wealth, Orchard Lake Village isn’t all opulence without nuance. A small percentage of families (around 7% according to one estimate) live below the poverty line – a reminder that even the richest communities have some residents facing economic challenges. Overall, however, the quality of life indicators here are excellent: residents enjoy longevity in their homes, a clean environment, and the tranquility of a private lake retreat combined with the conveniences of the metro area. This unique blend of factors helps explain how Orchard Lake Village has become an oasis of prosperity in Michigan.

4225 Village Ct, Orchard Lake, MI 48323 | Zillow

Michigan’s Most Affluent Suburbs: How Orchard Lake Stands Out

Orchard Lake Village may top the list, but it has some company when it comes to Michigan’s most affluent suburbs. Many of the state’s wealthiest communities are, like Orchard Lake, small suburbs of Detroit (especially in Oakland County) or enclaves near other cities. Here’s how Orchard Lake compares to a few other wealthy Michigan locales, based on median household income:

• Orchard Lake Village, MI – Median household income of $212,813 (the highest in Michigan). (Oakland County; population ~2,200)
  
  
• Lake Angelus, MI – Median household income of $212,368. (Oakland County; population ~300) A tiny lakefront city, essentially tied with Orchard Lake in median income.
  
  
• Bloomfield Hills, MI – Median household income of $200,318. (Oakland County; population ~4,400) An old-money Detroit suburb known for its mansions and auto baron estates, coming in third.
  
  
• Village of Grosse Pointe Shores, MI – Median household income of $182,000. (Wayne/Macomb County; population ~3,000) The wealthiest of the Grosse Pointes, with a beautiful location on Lake St. Clair.
  
  
• Franklin, MI – Median household income of $176,571. (Oakland County; population ~3,300) A historic village with large homes and a quaint downtown, also among the top-tier affluent communities.

As this list shows, Orchard Lake Village sits at the pinnacle of Michigan wealth, essentially neck-and-neck with tiny Lake Angelus for the highest incomes. Both are exclusive lake-centered communities in Oakland County. Meanwhile, other famously wealthy places like Bloomfield Hills and Grosse Pointe Shores do have very high incomes but still fall short of Orchard Lake’s benchmark. One reason Orchard Lake might “feel” less famous than some of these peers is its size and low profile – it’s mostly residential and doesn’t have a major commercial district or a name-brand reputation. Bloomfield Hills, for example, is well known for its elite Bloomfield Hills schools and being home to corporate executives, and the Grosse Pointes have a long-standing reputation for old wealth. Orchard Lake Village, by contrast, is a bit of a hidden gem: affluent, but under the radar.

It’s interesting to note that many of Michigan’s richest communities are clustered in Metro Detroit’s suburbs, particularly Oakland County. This area has long been a center of wealth in Michigan, thanks to the automotive industry’s legacy (think executives and professionals), diversified economy, and desirable suburban amenities. Even so, Orchard Lake Village’s wealth stands out. According to one dataset, Orchard Lake households even earn slightly more on average than those in Bloomfield Hills and other affluent Detroit suburbs. In essence, if you’re looking for the peak of prosperity in Michigan, you’ll find it in this quiet lakeside village.

Ever Wondered About Michigan’s Most Luxurious Homes? Take a Tour of a $10 Million Orchard Lake Estate

Luxury Real Estate in Orchard Lake Village: A Market Snapshot

One of the clearest reflections of Orchard Lake Village’s wealth is its real estate market. Simply put, Orchard Lake Village real estate is some of the most expensive in Michigan – characterized by luxury homes, sprawling lakefront properties, and a limited supply that keeps prices high. Here’s a snapshot of the housing market and what kind of Michigan luxury homes you can expect to find in Orchard Lake:

• High Home Values: As of 2023, the median property value in Orchard Lake Village is around $799,500 – roughly 2.6 times the U.S. average home value. This median value has been on the rise; it increased about 4% from the previous year, reflecting steady appreciation in this desirable area. For comparison, Michigan’s median home value is only about $236,000, so Orchard Lake’s typical home is worth over three times more than the state norm. In practice, local realtors note that most homes in Orchard Lake Village sell for well over $1 million. In fact, it’s not uncommon to see listings in the $2–$5 million range, and the ultra-luxury segment goes even higher.

• Million-Dollar Listings: At any given time, Orchard Lake Village has only a handful of homes on the market (often fewer than two dozen active listings, due to the city’s small size and residents’ tendency to stay long-term). The median listing price of homes here was about $1.1–$1.3 million in 2024, and it’s been climbing. For instance, by April 2025 the median list price hit $1.3M, up 18% year-over-year. This indicates strong demand for the limited inventory available. High-end properties dominate the market – recent examples include a lakeside estate listed at $11 million, as well as multiple homes in the $2–$6 million range featuring extensive acreage and private waterfront. Such jaw-dropping listings underscore the luxury real estate in Orchard Lake.
  
  
• Types of Homes & Features: Orchard Lake Village’s housing stock is exclusively single-family homes, no condos or high-density developments here. Many homes are custom-built estates with unique architecture. You’ll find everything from classic colonial and Tudor-style mansions to modern architectural masterpieces designed by renowned architects. Lot sizes tend to be large – it’s common for properties to sit on 1-2 acre lots, and some lakefront estates boast even more land for privacy. Waterfront homes are the crown jewels of Orchard Lake real estate: these often come with private docks, boat houses, and panoramic lake views. Interiors typically feature 4,000–10,000+ square feet of living space, high-end finishes (gourmet kitchens, wine cellars, home theaters), and amenities like pools or tennis courts. In short, Michigan luxury homes find one of their purest expressions in Orchard Lake Village – the area is a showcase of upscale living, from gated driveways to meticulously landscaped grounds.
  
  
• Market Dynamics: The Orchard Lake market is characterized by low turnover and strong competition for premium properties. Homes here tend to sell quickly when they do hit the market, given the limited supply of luxury homes in the Metro Detroit area with comparable lakefront settings. Buyers are often local affluent families moving within Oakland County, though there is also interest from out-of-state executives and professional athletes who want a private retreat near Detroit. The cost of living in Orchard Lake Village is correspondingly high – overall about 82% higher than the national average, with housing costs in particular being nearly three times the U.S. average. Property taxes on million-dollar homes can be substantial (often $15k–$25k per year), but that comes with top-tier public services and schools. For those who can afford it, Orchard Lake Village offers a combination of luxury and tranquility that is hard to match elsewhere in Michigan.

The Orchard Lake Village real estate market is a microcosm of the town’s wealth: dominated by high-end properties, defined by lakefront luxury, and continually in high demand. If you’re house-hunting among Metro Detroit suburbs for a truly upscale community, Orchard Lake should be on your radar – but be prepared for the sticker shock that comes with Michigan’s richest address.

Interested in Real Estate Trends? Explore our Metro Detroit Market Insights for 2025

Orchard Lake MI Real Estate - Orchard Lake MI Homes For Sale | Zillow

Richest Towns in America: How Orchard Lake Village Stacks Up

We’ve established that Orchard Lake Village is the richest town in Michigan, but how does it compare to wealthy communities across the United States? Interestingly, while Orchard Lake is very affluent, there are small towns in other states with even higher median incomes. According to a 2023 analysis, the wealthiest small towns in the nation (with populations in the same ballpark) have median household incomes in the mid-$200,000s. For perspective, here’s a look at some of the richest towns in America and their median incomes:

• Orinda, California – median household income around $248,984 (an upscale Bay Area suburb).
  
  
• Noroton (Darien), Connecticut – median income about $248,125 (an affluent coastal community in Fairfield County).
  
  
• Fox Chapel, Pennsylvania – median income roughly $247,930 (a wealthy suburb of Pittsburgh).
  
  
• University Park, Texas – median income about $247,045 (an exclusive enclave in the Dallas area).
  
  
• Flower Hill, New York – median income around $246,533 (a small luxury village on Long Island).

For comparison, Orchard Lake Village, MI has a median household income of roughly $212,813 – putting it a bit below these ultra-wealthy towns but still very much in elite company. In fact, Orchard Lake would rank not far outside this list of highest-income small communities in the country. It’s remarkable that Michigan has a town approaching the quarter-million-dollar income range, given that many of the nation’s richest towns are often found in coastal states like California, New York, Connecticut, or in booming Sun Belt locales. Orchard Lake Village’s wealth may surprise outsiders, but Metro Detroit locals know that there are pockets of prosperity here that rival anything on the coasts.

What sets places like Orchard Lake (and those listed above) apart is often a combination of location, exclusivity, and community investment. They tend to be small, residential-focused towns with excellent amenities, attracting high-earning families who invest in maintaining property values and quality of life. Orchard Lake fits that mold perfectly. While it might not have the absolute highest income in the nation, it solidly holds the title of Michigan’s richest town, and it demonstrates that the Midwest can host enclaves of great wealth alongside the better-known affluent enclaves on the coasts.

Considering Orchard Lake Village? Explore the Top Places to Raise a Family in Oakland County

Discover Orchard Lake Village for Yourself

Orchard Lake Village’s status as the richest town in Michigan is more than just a statistic – it’s a story about a community that offers a unique blend of luxury, nature, and small-town charm. This unassuming village has leveraged its beautiful setting and close-knit, high-achieving population to create an enviable place to live. The wealth may be what puts Orchard Lake on the map, but it’s the lifestyle and community spirit that truly define it. Residents enjoy evenings on their boats watching the sunset over Orchard Lake, children attend excellent schools and play in safe neighborhoods, and families come together for local events or at the nearby country club. It’s a side of Michigan that many may not expect, showcasing the Metro Detroit suburbs at their finest.

If you’re in the area (or even just curious), consider visiting Orchard Lake Village to catch a glimpse of this affluent oasis. Drive along Pontiac Trail or Orchard Lake Road and you’ll find tree-lined streets winding past elegant homes and sparkling waterways. There aren’t commercial tourist traps here – the attractions are the natural beauty and the serene atmosphere. You can explore the Orchard Lake Nature Sanctuary for a quiet hike, enjoy water activities on the public access points of the lake, or take a short trip to nearby attractions. Just a stone’s throw away, you’ll find local favorites like the historic Franklin Cider Mill (great for autumn visits) and Marvin’s Marvelous Mechanical Museum for family fun, as well as upscale shopping and dining in West Bloomfield, Birmingham, and Bloomfield Hills. The surrounding area offers plenty to do, all within a short drive, making Orchard Lake Village a perfect hub for a day of exploring Metro Detroit’s more refined side.

For those intrigued by the prospect of living in Orchard Lake Village – or owning a piece of its luxury real estate – it’s wise to connect with a local real estate expert. Given the competitive market and high stakes, a knowledgeable Metro Detroit realtor can provide insight into upcoming listings and guide you through the exclusive inventory of Orchard Lake Village real estate. Whether you’re drawn by the excellent schools, the lakefront lifestyle, or simply the prestige of Michigan’s wealthiest zip code, having an expert by your side will help you navigate this high-end market

Ultimately, Orchard Lake Village proves that Michigan’s wealth is not confined to well-known cities. This surprisingly wealthy suburb exemplifies how a small community can flourish and become a place of aspiration. From its astounding median income to its gorgeous luxury homes, Orchard Lake Village stands as a testament to Metro Detroit’s ability to nurture pockets of excellence. So, take the opportunity to discover Orchard Lake Village – be it through a weekend visit to its scenic shores or by making it your future home – and experience firsthand what the richest town in Michigan has to offer. It just might inspire you to see Michigan in a new light.

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THINKING OF MOVING TO ORchard Lake, OR LOOKING TO RELOCATE IN THE AREA? VIEW A LIST OF CURRENT HOMES FOR SALE BELOW.

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$5,990,000

5305 Elmgate Bay Drive, Orchard Lake Village city

8 Beds 10 Baths 17,894 SqFt Residential MLS® # 20251033003

$4,750,000

3333 W Shore Drive, Orchard Lake Village city

5 Beds 7 Baths 9,286 SqFt Residential MLS® # 20251039646

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4764 Dow Ridge Road, Orchard Lake Village city

5 Beds 8 Baths 7,906 SqFt Residential MLS® # 20251046475

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0000 Cranbrook Trl, Orchard Lake Village city

4 Beds 4 Baths 4,063 SqFt Residential MLS® # 20240004036

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5215 Deer Run Circle, Orchard Lake Village city

5 Beds 7 Baths 7,250 SqFt Residential MLS® # 20251047960

The Perna Team and Michael Perna are the best real estate agents in Orchard Lake, Michigan. The Perna Team and Michael Perna have been hired as a real estate agent by hundreds of homeowners to sell their homes in Metro Detroit and Ann Arbor.