Royal Oak
Royal Oak is wealthier than most US places, with a median household income of $83,194. Population has declined 3% since 2000. 59% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has risen by half since 2000, reaching $236,600. Households here earn about 40% more than the Michigan median.
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How many people live in Royal Oak, Michigan?
Royal Oak, Michigan has about 58,211 residents according to the 2020 American Community Survey.
What is the median household income in Royal Oak, Michigan?
The typical household in Royal Oak, Michigan earns about $83,194 a year. Half of households make more than that, and half make less.
Is Royal Oak, Michigan expensive?
In Royal Oak, Michigan, the median home is worth about $236,600, and the typical rent is about $1,129 a month.
How educated are people in Royal Oak, Michigan?
About 59.5% of adults age 25 and over in Royal Oak, Michigan hold a bachelor's degree or higher.
What is the poverty rate in Royal Oak, Michigan?
About 6.5% of people in Royal Oak, Michigan live below the federal poverty line.
Has Royal Oak, Michigan grown since 1990?
Yes, Royal Oak, Michigan has shrunk since 1990. The population has lost about 7,199 residents, a change of about -11 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024