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Royal Oak, MI

Comprehensive demographics, housing data, local amenities, and economic statistics for Royal Oak.

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Community Insights

Highly Educated
31% bachelor's · 14% graduate
top 4% nationally
High Incomes
$97k/year
top 17% nationally
Leading Industries
Arts, Food & Hospitality · Education · Healthcare
12% arts, food & hospitality
Home Value Growth⬆⬆
+12.3% over 2 years
Young Adults
36% of residents
top 3% nationally
Homeowners
69% of occupied units

People & Demographics

Total Population64,830
Households
Under 18
17.0%
Age 18–34
36.0%
Age 35–64
30.0%
Age 65+
17.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$298,966
Median Gross Rent$1,353/mo
Owner Occupied
68.5%
Renter Occupied
31.5%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$97,147
Poverty Rate

Key Industries

Healthcare15.0%
Professional Services2.0%
Manufacturing0.0%
Retail16.0%
Education3.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
31.0%
Master's or Higher
14.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Royal Oak?

The total population of Royal Oak is approximately 64,830. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in Royal Oak?

The housing market in Royal Oak is predominantly driven by homeowners, with 69% of housing units being owner-occupied and 31% being renter-occupied.

What is the education level of residents in Royal Oak?

In Royal Oak, approximately 31% of adult residents hold a bachelor's degree or higher. Additionally, 14% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.