Pros and Cons of Living In Royal Oak, Michigan. Is Royal Oak, MI a Nice Place To Live or Retire?

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Royal Oak, Michigan

Moving to Royal Oak In Michigan ? Is Royal Oak, MI a Nice Place To Live? Pros and Cons of Living in Royal Oak, Michigan. Find out the best and worst about to live, raise a family or retire in Royal Oak.

DEMOGRAPHICS

Population
59256
Unemployment
2.9%
38% NAT AVG.
Poverty
6.5%
54% NAT AVG.
Cost Of Living
101
1% NAT AVG.

ECONOMICS

Median Home Cost
$236600
3% NAT AVG.
Median Income
$83194
23% NAT AVG.
Median Rent
$1129
3% NAT AVG.
Overall Score
10

CRIME REPORT

Total Crime
440
68% NAT. AVG.
60% STATE AVG.
Violent Crime
42
82% NAT. AVG.
85% STATE AVG.
Property Crime
398
66% NAT. AVG.
51% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 15
Unemployed People
1 in 34
People Earning < $10,000
1 in 26
People Earning < $50,000
27.4%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Royal Oak USA
White 84.9% 60.1%
African American 4.7% 12.2%
American Indian 0.1% 0.6%
Asian 3.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.1% 2.8%
Hispanic 4.5% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Royal Oak USA
Less than $10,000 3.8% 5.8%
$10,000 to $14,999 1.8% 4.1%
$15,000 to $24,999 6% 8.5%
$25,000 to $34,999 7.7% 8.6%
$35,000 to $49,999 8.1% 12.0%
$50,000 to $74,999 16.9% 17.2%
$75,000 to $99,999 15.5% 12.8%
$100,000 to $149,999 20.8% 15.6%
$150,000 to $199,999 10.1% 7.1%

EDUCATION

Education Royal Oak USA
< 9th Grade 1% 5.0%
9-12th Grade 2% 7.0%
High School or GED 14% 27.0%
Other College 16% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 37% 20.0%
Master's Degree 16% 9.0%
Professional Degree 5% 2.0%
Doctorate Degree 2% 1.0%
Royal Oak is a city in Michigan state in USA with a population of 59256 residents.. The poverty rate of Royal Oak is 6.5%, which is 54% lower than national average. The typical household in Royal Oak earns $83194 a year, compared to the national median of $67,500. Nearly 27.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Royal Oak remained 2.9%, which is 38% lower than national rate.

Cost of living in Royal Oak is 101, which is 1% higher than national average. In Royal Oak, only 60% of adults have a bachelor's degree and 23% have some college but no degree. Median home value in Royal Oak is $236600 , which is 3% higher than national average. While median income in Royal Oak remained $83194, which is 23% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Royal Oak Scorecard

Jobs85%

Housing85%

Affordability80%

Safety85%

Amenities95%

Diversity70%

Education95%

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