Michigan · Census place 70040
Royal Oak city, MI
Quick answer
Royal Oak city has 57,880 residents, ranking #22 of 745 places in Michigan. Median household income is $95,182, the median home is worth $305,900 and median gross rent runs $1,335 a month.
- Population
- 57,880Royal Oak city residents
- Median household income
- $95,182Past 12 months, inflation adjusted
- Median home value
- $305,900Owner-occupied units
- Median gross rent
- $1,335Rent plus utilities, monthly
- Median age
- 36.9 yrsAll residents
- Homeownership rate
- 66.4%Owner-occupied households
What the numbers mean in Royal Oak city
Housing cost measured against local earnings.
A household earning the Royal Oak city median would spend about 16.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6% of residents and 66.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Dearborn Heights city 62,099
- Pontiac city 61,914
- St. Clair Shores city 58,287
- Kentwood city 54,114
- Battle Creek city 52,392
- Portage city 49,015
- Roseville city 47,240
Keep going
More Michigan coverage.