Historic Michigan Town Is Also The State’s Poorest Town

Let's face it, the bigger the city the richer they are, it's always been that way. Whether it be government wise where larger amounts of funding go to the bigger cities or if its companies and everyday businesses which pay out higher salaries. A lot of this stems from the higher cost of living and taxes in those areas, meaning people need more money to live and government needs to fund more programs and such.

On the other hand, smaller towns are almost completely ignored and are often left to drive into the city or move because their town doesn't have enough for them. They are often paid a significantly lower wage than their city counter parts but they also don't need as much because of the cost of living. It's a weird system that keeps the big cities rich and smaller towns poor. Nonetheless, there is always someone at the bottom of every list and sometimes history lays at the bottom of the poor man's list.

24/7 Wall St seems to follow their namesake as they are paying attention to all things involving money 24/7. This time they have put together a list of the poorest towns in every state based upon the following factors:

• Median household income
• Adults with a bachelor’s degree or higher
• Households receiving SNAP benefits
• Median home value
• Population
• No. of towns considered in ranking

Obviously, these factors may skew the data as a city like Detroit, Kalamazoo, Grand Rapids, or Lansing will naturally have more bachelor's degrees than a city like Battle Creek but others like median home value and SNAP benefits could tilt the scales back in the other direction. At the end of the day, the poorest town in Michigan is the historic town of Baldwin.

Baldwin is known mostly for its tourist attractions but the people who do live within the town limits loving sharing their beautiful home with everyone else. Baldwin is known for the Manistee National Forest, the Shrine of Pines, and the Pete Marquette River; one of America's Blue-Ribbon Fisheries. Although Baldwin has these great things, these statistics below gave them the ranking as the poorest town in Michigan:

> Median household income: $22,593 (Michigan: $63,202)
> Adults with a bachelor’s degree or higher: 12.3% (Michigan: 30.6%)
> Households receiving SNAP benefits: 41.3% (Michigan: 12.6%)
> Median home value: $79,100 (Michigan: $172,100)
> Population: 1,036
> No. of towns considered in ranking: 375

The numbers in paratheses are the averages for the whole state of Michigan for those categories and gives you an idea of how behind the town of Baldwin is.