Royal Oak
Royal Oak city, Michigan
Royal Oak, Michigan, is a gem nestled in the heart of Oakland County, offering a lifestyle that effortlessly blends urban convenience with suburban charm. Imagine strolling along tree-lined streets, popping into independent boutiques, and savoring diverse culinary experiences, all within a walkable downtown core. This vibrant city, home to over 58,000 residents, boasts a median home value of around $289,800 – a remarkable value compared to the national average of $350,000. Coupled with a robust median household income of $92,799, Royal Oak offers a high quality of life that's accessible to a broad range of residents. The city's lively atmosphere is fueled by a thriving arts scene, numerous festivals, and a palpable sense of community, making it an ideal place to call home.
From an investment perspective, Royal Oak's real estate market is undeniably attractive. The city's strong economic base, coupled with its desirable lifestyle, ensures consistent demand for housing. While specific unemployment rates fluctuate, the area's robust economy provides ample job opportunities. Safety is also a priority, with Royal Oak consistently ranking as one of the safest cities in the region. This makes it particularly appealing to young professionals and families seeking a secure environment with excellent schools. Whether you're a first-time homebuyer, a seasoned investor, or someone simply seeking a dynamic and welcoming community, Royal Oak offers a compelling blend of value, opportunity, and quality of life.
Royal Oak, Michigan at a Glance
Royal Oak is a city in Royal Oak city, Michigan with a population of approximately 58,053. The median home value is $289,800 and the median household income is $92,799. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 0.3 per 1,000 residents, which is 92% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $870 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$289,800
Median Income
$92,799
Population
58,053
Walk Score
0
Air Quality
AQI 41
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 58,053
- Median Age
- N/A
- Median Household Income
- $92,799
24% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 6.5%
48% below nat'l avg
- Median Home Value
- $289,800
3% above nat'l avg
- Median Rent
- $870
25% below nat'l avg
- Homeownership Rate
- 94.0%
43% above nat'l avg
- Affordability Index
- 188
88% above nat'l avg
- Violent Crime Rate
- 0.3 per 1K
92% below nat'l avg
- Property Crime Rate
- 0.2 per 1K
99% below nat'l avg
- AQI
- 41
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 68.22
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 13.7¢/kWh
17% below nat'l avg
- Est. Monthly Electric
- $123
10% below nat'l avg
- Unemployment Rate
- 3.0%
19% below nat'l avg
- Poverty Rate
- 6.5%
48% below nat'l avg
Weather & Climate in Royal Oak
Avg High
59°F
Avg Low
41°F
Annual Rainfall
30.7"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Gratiot County county-level presidential election data
Culture & Things to Do in Royal Oak
Arts, Beats & Eats
A large annual festival featuring art, music, and food.
Royal Oak Farmers Market
A weekly market offering local produce, crafts, and more.
Royal Oak Beer Fest
An annual beer festival showcasing a wide variety of craft beers.
Royal Oak Winter Art Fair
An annual art fair held during the winter season.
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