Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

976 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,481

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,042

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $225,945
--Home Prepared Food $127,318
--Restaurant/Takeaway Food $98,627
Alcoholic Beverages $16,587
Housing $572,708
--Rent/Mortgage/Upkeep/Taxes $334,883
--Utilities $115,438
--Operations $43,485
--Supplies $21,294
--Furnishings $57,831
Apparel $53,124
--Men & Boys $11,880
--Women & Girls $21,519
--Children < 2 $224
--Footwear $11,208
Transportation $278,173
--New Vehicles $52,003
--Used Vehicles $59,400
--Fuel $60,073
--Insurance $27,795
--Public Transit $23,312
Healthcare $141,664
Entertainment $91,902
--Pets $18,829
--Toys $4,483
Personal Care Products $21,967
Books & Literature $3,138
Education $40,123
Tobacco Products $9,863
Miscellaneous $28,243
Retirement $53,796
Non-health Insurance $208,013
Total Expenditures $1,745,248

Selected Population Data

Period Geography Population
2014 Royal Oak city, Michigan 58,382
2015 Royal Oak city, Michigan 58,689
2016 Royal Oak city, Michigan 58,823
2017 Royal Oak city, Michigan 58,973
2018 Royal Oak city, Michigan 59,107