CENSUS TRACT
Census Tract 1563
Michigan · Oakland County · 4,078 residents · 1.599 sq mi
Notable rankings
#13highest rent in MI$3,201#82highest household income in MI$155,179#111highest home value in MI$491,700#114highest per-capita income in MI$73,276TRACT SHAPE · Oakland County, MI
The short version
Census Tract 1563 is significantly wealthier than the US average, with a median household income of $155,179. Population has held roughly steady since 2020. 70% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $491,700. With a median age of 44.9, the population is older than the US median of 38.9. Households here earn about 59% more than the Oakland County median.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 44.9
US median: 38.9
More educated
70% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,078
−2%since 2020
from 4,148 in 2020
2020 – 2024
Population density
2,550 / sq mi
−2%since 2020
from 2,594 / sq mi in 2020
US average: 281
Median age
44.9
−1%since 2020
from 45.3 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$155,179
+12%inflation adjusted, since 2020
from $114,725 in 2020
US average: $82,259
2020 – 2024
Per capita income
$73,276
+46%since 2020
from $50,030 in 2020
US average: $44,673
Households earning $100K+
80.3%
+2.1 ptssince 2020
from 78.2% in 2020
US average: 53.3%
Poverty rate
2.3%
−0.8 ptssince 2020
from 3.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.450
+26%since 2020
from 0.359 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade10.8%
Other services10.2%
Public administration8.3%
Information6.6%
Wholesale trade4.6%
Transportation & warehousing2.2%
Arts, entertainment, food1.1%
Agriculture, forestry, fishing0.6%
Manufacturing0.6%
Finance & insurance0.2%
Professional, scientific, technical0.2%
Construction0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$491,700
+9%inflation adjusted, since 2020
from $373,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$3,201
−5%inflation adjusted, since 2020
from $2,793 in 2020
US average: $1,442
Owner-occupied
90.8%
+1.8 ptssince 2020
from 89.0% in 2020
9.2% rent
Vacancy rate
3.7%
−3.0 ptssince 2020
from 6.7% in 2020
US average: 10.0%
Owner cost-burdened
23.2%
−0.9 ptssince 2020
from 24.1% in 2020
US average: 22.9%
Renter cost-burdened
17.9%
−6.9 ptssince 2020
from 24.8% in 2020
US average: 47.4%
Afford Score
3.2
−3%since 2020
from 3.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 1563 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic72.8%(3,018)
Black8%(332)
Hispanic / Latino0.2%(9)
Asian16.6%(690)
Other2.4%(99)
Diversity Score54.5%(2,261)
2024
White, non-Hispanic75.5%(3,079)
Black7.5%(305)
Hispanic / Latino0.8%(31)
Asian13.3%(541)
Other3%(122)
Diversity Score50.7%(2,069)
Diversity Score
51
−7%since 2020
from 54 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
70.2%
+4.3 ptssince 2020
from 65.9% in 2020
US average: 35.6%
High school or higher
97.3%
−0.5 ptssince 2020
from 97.9% in 2020
US average: 89.6%
Graduate degree
38.4%
+2.1 ptssince 2020
from 36.3% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
23.3 min
−6%since 2020
from 24.7 min in 2020
US average: 26.5
Drive alone to work
76.1%
−7.8 ptssince 2020
from 83.9% in 2020
US average: 68.9%
Carpooled to work
1.4%
−0.9 ptssince 2020
from 2.2% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
21.2%
+7.5 ptssince 2020
from 13.7% in 2020
US average: 15.0%
Walked to work
0.2%
Unchangedsince 2020
from 0.2% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.5%
−0.2 ptssince 2020
from 0.8% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
5.8%
+1.8 ptssince 2020
from 3.9% in 2020
US average: 5.2%
Labor force participation
61.7%
+1.0 ptssince 2020
from 60.7% in 2020
US average: 63.5%
Self-employed
6.0%
+0.9 ptssince 2020
from 5.1% in 2020
US average: 13.1%
Management & professional
68.1%
−1.0 ptssince 2020
from 69.1% in 2020
US average: 42.5%
Section 08
People & community
Male
46.0%
+0.9 ptssince 2020
from 45.1% in 2020
Female
54.0%
−0.9 ptssince 2020
from 54.9% in 2020
Foreign born
22.0%
−0.1 ptssince 2020
from 22.1% in 2020
US average: 14.1%
Veterans
1.0%
−1.7 ptssince 2020
from 2.7% in 2020
US average: 6.2%
With a disability
12.5%
−0.6 ptssince 2020
from 13.1% in 2020
US average: 13.3%
Uninsured
0.8%
−1.7 ptssince 2020
from 2.5% in 2020
US average: 8.4%
Broadband at home
97.3%
−1.8 ptssince 2020
from 99.1% in 2020
US average: 91.0%
English only at home
71.6%
−1.8 ptssince 2020
from 73.4% in 2020
US average: 77.7%
Spanish at home
0.2%
+0.2 ptssince 2020
from 0.0% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 1563Head to head
Compare Census Tract 1563 to nearby tracts
CENSUS TRACT 1563 VS
Census Tract 1560
Income$127,188−18%
Home value$607,700+24%
Population2,389−41%
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CENSUS TRACT 1563 VS
Census Tract 1564
Income$145,168−6%
Home value$548,600+12%
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CENSUS TRACT 1563 VS
Census Tract 1545
Income$206,667+33%
Home value$737,000+50%
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CENSUS TRACT 1563 VS
Census Tract 1506
Income$212,529+37%
Home value$741,500+51%
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Frequently asked
How many people live in this census tract?
this census tract has about 4,078 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $155,179 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $491,700, and the typical rent is about $3,201 a month.
How educated are people in this census tract?
About 70.2% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 2.3% of people in this census tract live below the federal poverty line.
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Containing area
Oakland CountyOther census tracts in Oakland County
Census Tract 1383.02Census Tract 1371.02Census Tract 1381Census Tract 1289Census Tract 1374Census Tract 1307Census Tract 1961Census Tract 1562Census Tract 1224Census Tract 1960Census Tract 1275Census Tract 1321Census Tract 1277Census Tract 1240Census Tract 1367Census Tract 1812DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024