Over 8,000 Millionaires in Michigan (as of 2014)

An estimated 8,090 individual federal tax returns from Michigan reported an adjusted gross income of at least $1 million in 2014, according to data from the Internal Revenue Service

That's up 63 percent from the 4,949 returns with at least $1 million in adjusted gross income in 2010.

The average income for the 2014 millionaires was $2.9 million

About 48 percent of the return were from single filers, 38 percent were from joint filers and 12 percent were from taxpayers who filed as "head of household."


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