Is Royal Oak, MI growing?
Royal Oak, MI had an estimated 57,950 (±32) residents in 2020–2024, against 59,195 in 2015–2019.
That is a change of −2.1%, a measurable decrease.
Its housing went from 31,054 to 31,130 homes (+0.2%), not a measurable change.
1.3% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 57,950 (±32)
- Amount of change
- −2.1%
- Homes change
- +0.2%
- Built 2020 or later
- 1.3%
Residents and homes in Royal Oak, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 59,195 (±27) | 57,950 (±32) | −2.1% | Measurable decrease |
| Housing units | 31,054 (±507) | 31,130 (±730) | +0.2% | Not a measurable change |
| Households that rent | 32.6% (±1.6 points) | 32.0% (±1.9 points) | −0.6 percentage points | Not a measurable change |
| Median gross rent | $1,079 (±$34) | $1,381 (±$47) | +28.0% | No measurable change after inflation |
| Median home value | $224,600 (±$3,216) | $328,700 (±$5,973) | +46.3% | 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.
Growth in Royal Oak against Oakland County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Royal Oak | −2.1% | Measurable decrease | +0.2% |
| Oakland County | +2.1% | Measurable increase | +4.0% |
| Michigan | +1.1% | Measurable increase | +0.6% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Royal Oak
| Year built | Royal Oak | Oakland County | Michigan | United States |
|---|---|---|---|---|
| 2020 or later | 1.3% (±0.5 points) | 1.1% | 1.0% | 2.0% |
| 2010 to 2019 | 5.4% (±0.9 points) | 5.6% | 4.9% | 9.4% |
| 2000 to 2009 | 3.7% (±0.7 points) | 9.3% | 10.3% | 13.6% |
6.7% of the homes in Royal Oak were built in 2010 or later.
The median age of residents is 36.9 years.
Growth in places near Royal Oak
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Royal Oak | — | 57,950 | −2.1% | Measurable decrease |
| Berkley | 1.7 mi | 15,149 | −1.5% | Measurable decrease |
| Huntington Woods | 1.9 mi | 6,328 | +0.1% | Not a measurable change |
| Clawson | 2.0 mi | 11,374 | −5.0% | Measurable decrease |
| Pleasant Ridge | 2.6 mi | 2,602 | +7.0% | Measurable increase |
| Madison Heights | 2.6 mi | 28,419 | −5.6% | Measurable decrease |
| Oak Park | 3.3 mi | 29,318 | −1.4% | Measurable decrease |
| Ferndale | 3.5 mi | 19,190 | −4.7% | Measurable decrease |
| Lathrup Village | 3.9 mi | 4,059 | −1.7% | Measurable decrease |
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
Is Royal Oak growing?
Royal Oak, MI had an estimated 57,950 residents in 2020–2024 and 59,195 in 2015–2019, a change of −2.1%: a measurable decrease by the Census Bureau’s test.
How many homes have been added in Royal Oak?
The estimated number of housing units went from 31,054 in 2015–2019 to 31,130 in 2020–2024 (+0.2%), not a measurable change.
How much new construction is there in Royal Oak?
1.3% of homes in Royal Oak were built in 2020 or later and 5.4% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Royal Oak city, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Royal Oak city, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Royal Oak city, Michigan
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Royal Oak city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Royal Oak city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Royal Oak city, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Royal Oak city, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) for Royal Oak city, Michigan (place:70040, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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.
Figures last updated on .
Related
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- Housing data for every place in Michigan