What percentage of people rent in Royal Oak Charter Township, MI?

Name: Renters and owners in Royal Oak Charter Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

64.5% (±10.5 points) of the occupied homes in Royal Oak Charter Township, MI are rented (2020–2024 American Community Survey).

That is 680 renting households against 375 that own their home.

In Royal Oak Charter Township, the share of households that rent went from 67.4% in 2015–2019 to 64.5% in 2020–2024 (−2.9 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 64.5% (±10.5 points)
Renting households: 680 (±209)
Median renter income: $41,417 (±$17,673)

Who rents and who owns in Royal Oak Charter Township

Tenure, estimate (90% margin of error)
	Royal Oak Charter Township	Oakland County	Michigan	United States
Renter-occupied share	64.5% (±10.5 points)	27.3% (±0.4 points)	26.8% (±0.2 points)	34.8%
Renting households	680 (±209)	144,960 (±2,325)	1,092,179 (±7,674)	45,017,354
Owning households	375 (±88)	385,500 (±2,513)	2,984,190 (±12,886)	84,210,142
Average renter household size	2.2 (±0.3)	1.9 (±0.0)	2.1 (±0.0)	2.3
Average owner household size	2.3 (±0.4)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$41,417 (±$17,673)	$59,047 (±$1,564)	$42,352 (±$376)	$52,966
Median owner household income	$66,518 (±$13,518)	$118,600 (±$1,461)	$87,130 (±$344)	$100,009

In Royal Oak Charter Township, the renter share is higher than in Oakland County (27.3%).

It is also higher than in Michigan (26.8%).

It is higher than the national figure (34.8%).

In Oakland County, Royal Oak Charter Township ranks 1 of 50 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 3 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Royal Oak Charter Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	67.4% (±8.0 points)	64.5% (±10.5 points)	−2.9 percentage points	Not a measurable change
Median gross rent	$687 (±$21)	$864 (±$151)	+25.8%	No measurable change after inflation
Median household income	$28,311 (±$5,370)	$47,679 (±$9,353)	+68.4%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Royal Oak Charter Township

Nearest places with a published estimate, compared with Royal Oak Charter Township
Place	Distance	Households that rent	Compared with this place
Royal Oak Charter Township	—	64.5% (±10.5 points)	—
Oak Park	1.5 mi	36.7% (±4.1 points)	Lower
Ferndale	1.7 mi	33.4% (±3.5 points)	Lower
Pleasant Ridge	1.8 mi	4.4% (±2.7 points)	Lower
Huntington Woods	2.2 mi	3.9% (±2.9 points)	Lower
Hazel Park	3.4 mi	33.9% (±4.9 points)	Lower
Berkley	3.6 mi	12.1% (±2.4 points)	Lower
Royal Oak	4.0 mi	32.0% (±1.9 points)	Lower
Lathrup Village	4.4 mi	7.9% (±5.2 points)	Lower

Nearby places with a measurably lower figure: Oak Park, MI (36.7%), Ferndale, MI (33.4%), Pleasant Ridge, MI (4.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Oakland County, place by place

Rank	Place	Households that rent
1	Royal Oak Charter Township	64.5% (±10.5 points)
2	Wixom	57.5% (±2.5 points)
3	Pontiac	53.4% (±3.1 points)
4	Auburn Hills	48.7% (±3.0 points)
5	Southfield	46.6% (±2.1 points)
6	Village of Clarkston	40.2% (±7.6 points)
7	Keego Harbor	39.6% (±10.4 points)

Showing 7 of 50 places in Oakland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Royal Oak Charter Township

How many renters are there in Royal Oak Charter Township?

Royal Oak Charter Township has an estimated 680 (±209) renting households, 64.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Royal Oak Charter Township?

In Royal Oak Charter Township, the share of households that rent went from 67.4% in 2015–2019 to 64.5% in 2020–2024 (−2.9 percentage points), not a measurable change.

How big are renting households in Royal Oak Charter Township?

A renting household in Royal Oak Charter Township has 2.2 people on average, against 2.3 in an owned home.

How much do renters earn in Royal Oak Charter Township?

The median renting household in Royal Oak Charter Township, MI has an income of $41,417 (±$17,673) a year, against $66,518 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Royal Oak charter township, Oakland County, Michigan (county subdivision:70060, in state:26 county:125).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.