Royal Oak is a larger medium-sized city located in the state of Michigan. With a population of 57,495 people and 19 associated neighborhoods, Royal Oak is the 26th largest community in Michigan.
Royal Oak real estate is some of the most expensive in Michigan, although Royal Oak house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Royal Oak has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Royal Oak is also a city of artists. Royal Oak has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Royal Oak’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.46% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One thing that you will notice about Royal Oak is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Royal Oak a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
If knowledge is power, Royal Oak is a pretty powerful place. 61.40% of the adults in Royal Oak have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Royal Oak in 2022 was $59,760, which is wealthy relative to Michigan and the nation. This equates to an annual income of $239,040 for a family of four. However, Royal Oak contains both very wealthy and poor people as well.
Royal Oak is a somewhat ethnically-diverse city. The people who call Royal Oak home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Royal Oak residents report their race to be White, followed by Black or African-American. Important ancestries of people in Royal Oak include German, Irish, English, Polish, and Italian.
The most common language spoken in Royal Oak is English. Other important languages spoken here include Polish and Italian.