Real Estate Market Update for 48067 (Royal Oak, MI)
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Map Information for 48067 (Royal Oak, MI)

Area Information for 48067 (Royal Oak, MI)
  • Population: 25,019
  • Median Age: 39.21 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 5,450/sq mi
  • Population Change Since 2000: -.59%
  • Closest Airport: Detroit Metropolitan Wayne County
  • Closest College: Yeshiva Gedolah
  • Closest Jr. College: Oakland Cmnty College-royal Oak Campus
  • Median Household Income: $73,832
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $268,000
  • Closest Major Sports Team: Detroit Tigers
  • Change Avg. Household Income Since 2000: 51.66%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 48067 (Royal Oak, MI)
Median Age: 39.21 Married: 32% Number of Households: 12,408 Households with Children: 2,047
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 48067 (Royal Oak, MI)

      School Name Distance Type Grades School Rating Parent Rating
      Royal Oak Middle School 0.4 mi Public 6-8 4 0
      St. Paul Lutheran School 0.4 mi Private PRESCHOOL-8 0 0
      St Mary Catholic School 0.6 mi Catholic PRESCHOOL-8 0 0
      Keller Elementary 1.1 mi Public K-5 4 0
      Oakland Elementary School 1.5 mi Public K-5 3 0
      Shrine Catholic Grade School 1.6 mi Catholic PRESCHOOL-6 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for 48067 (Royal Oak, MI)
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.