Royal Oak, MI Housing
As of 2010-2014, median price of a house in Royal Oak is $159,000, which is higher than the state average of $120,200 and is lower than the national average of $175,700. The Royal Oak median house value has grown by 5.37% since 2000. The growth rate for the price of a house in Royal Oak is about the same as the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in Royal Oak was built is 1955, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 18,927 Owner Occupied Houses in Royal Oak, MI, #89Royal Oak, MI | 159,000 USD |
Michigan | 120,200 USD |
U.S. | 175,700 USD |
Royal Oak, MI | 5.37% |
Michigan | 3.98% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Royal Oak, MI | Michigan | U.S. | |
Total Housing Units | 30,210, see rank, 100% | 4,532,719 | 132,741,033 |
Occupied Housing Units | 28,269, 93.57%, see rank | 84.45% | 87.55% |
Owner Occupied | 18,927, 62.65%, see rank | 60.41% | 56.34% |
Renter Occupied | 9,342, 30.92%, see rank | 24.04% | 31.21% |
Vacant Housing Units | 1,941, 6.43%, see rank | 15.55% | 12.45% |
For Rent | 438, 1.45%, see rank | 1.84% | 2.34% |
For Sale Only | 351, 1.16%, see rank | 1.40% | 1.20% |
Rented or Sold, Not Occupied | 396, 1.31%, see rank | 1.04% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 319, 1.06%, see rank | 6.26% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.05% | 0.03% |
Other Vacant | 437, 1.45%, see rank | 4.96% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #486Royal Oak, MI | Michigan | U.S. |
1955 | 1969 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Royal Oak, MI | % | Michigan | U.S. | |
Owner-Occupied Units | 18,927 | 100% | 2,738,012 | 74,787,460 |
With a Mortgage | 13,846 | 73.15%, see rank | 63.63% | 65.58% |
Without a Mortgage | 5,081 | 26.85%, see rank | 36.37% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Royal Oak, MI | 1,430 USD |
Michigan | 1,295 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Royal Oak, MI | % | Michigan | U.S. |
$299 or Less | 51 | 0.37%, see rank | 0.19% | 0.20% |
$300 to $499 | 151 | 1.09%, see rank | 1.88% | 1.59% |
$500 to $699 | 528 | 3.81%, see rank | 6.65% | 5.01% |
$700 to $999 | 1,767 | 12.76%, see rank | 19.56% | 14.32% |
$1,000 to $1,499 | 5,231 | 37.78%, see rank | 34.69% | 27.90% |
$1,500 to $1,999 | 3,799 | 27.44%, see rank | 20.06% | 20.35% |
$2,000 to $2,999 | 1,906 | 13.77%, see rank | 12.84% | 19.52% |
$3,000 or More | 413 | 2.98%, see rank | 4.13% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Royal Oak, MI | 20.30% of the Total Income |
Michigan | 22.60% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Royal Oak, MI | % | Michigan | U.S. | |
10% or Less | 1,172 | 8.46%, see rank | 5.90% | 5.86% |
10% to 20% | 5,587 | 40.35%, see rank | 35.28% | 31.95% |
20% to 30% | 3,482 | 25.15%, see rank | 27.51% | 27.64% |
30% to 40% | 1,387 | 10.02%, see rank | 12.63% | 13.74% |
40% or More | 2,192 | 15.83%, see rank | 18.20% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Royal Oak, MI | 518 USD |
Michigan | 463 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Royal Oak, MI | % | Michigan | U.S. |
$199 or Less | 121 | 2.38%, see rank | 4.74% | 7.76% |
$200 to $299 | 308 | 6.06%, see rank | 12.46% | 14.70% |
$300 to $499 | 1,927 | 37.93%, see rank | 40.41% | 34.63% |
$500 to $699 | 1,737 | 34.19%, see rank | 25.95% | 21.16% |
$700 or More | 988 | 19.44%, see rank | 16.44% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Royal Oak, MI | 14.00% of the Total Income |
Michigan | 13.40% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Royal Oak, MI | % | Michigan | U.S. | |
10% or Less | 1,675 | 32.97%, see rank | 35.33% | 40.19% |
10% to 20% | 1,825 | 35.92%, see rank | 33.76% | 31.47% |
20% to 30% | 648 | 12.75%, see rank | 13.39% | 12.24% |
30% to 40% | 250 | 4.92%, see rank | 6.18% | 5.64% |
40% or More | 657 | 12.93%, see rank | 9.99% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Royal Oak, MI | Michigan | U.S. | |
Total Housing Units | 30,210, 100% | 4,532,719 | 132,741,033 |
1-unit, Detached | 20,715, 68.57%, see rank | 71.97% | 61.65% |
1-unit, Attached | 1,670, 5.53%, see rank | 4.66% | 5.82% |
2 Units | 723, 2.39%, see rank | 2.58% | 3.75% |
3 or 4 Units | 1,181, 3.91%, see rank | 2.56% | 4.43% |
5 to 9 Units | 1,791, 5.93%, see rank | 4.20% | 4.78% |
10 or More Units | 3,982, 13.18%, see rank | 8.58% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 148, 0.49%, see rank | 5.45% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Royal Oak, MI | Michigan | U.S. | |
Total Housing Units | 30,210, 100% | 4,532,719 | 132,741,033 |
1 Room | 348, 1.15%, see rank | 1.24% | 1.95% |
2 Rooms | 603, 2.00%, see rank | 1.78% | 2.48% |
3 Rooms | 2,822, 9.34%, see rank | 7.14% | 9.13% |
4 Rooms | 4,179, 13.83%, see rank | 14.38% | 16.60% |
5 Rooms | 7,101, 23.51%, see rank | 21.00% | 20.41% |
6 Rooms | 7,046, 23.32%, see rank | 20.07% | 18.06% |
7 Rooms | 3,858, 12.77%, see rank | 13.45% | 12.27% |
8 Rooms | 2,120, 7.02%, see rank | 9.27% | 8.48% |
9 Rooms or More | 2,133, 7.06%, see rank | 11.67% | 10.60% |
Median Rooms | 5.50, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Royal Oak, MI | Michigan | U.S. | |
Total Housing Units | 30,210, 100% | 4,532,719 | 132,741,033 |
No Bedroom | 379, 1.25%, see rank | 1.35% | 2.17% |
1 Bedroom | 4,103, 13.58%, see rank | 9.11% | 11.16% |
2 Bedrooms | 7,884, 26.10%, see rank | 26.33% | 26.69% |
3 Bedrooms | 14,545, 48.15%, see rank | 43.93% | 39.70% |
4 Bedrooms | 2,874, 9.51%, see rank | 15.80% | 16.05% |
5 or More Bedrooms | 425, 1.41%, see rank | 3.47% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Royal Oak, MI | Michigan | U.S. | |
Total Housing Units | 28,269, 100% | 3,827,880 | 116,211,092 |
Utility Gas | 25,430, 89.96%, see rank | 77.13% | 48.85% |
Bottled, Tank, or LP Gas | 264, 0.93%, see rank | 8.48% | 4.86% |
Electricity | 2,145, 7.59%, see rank | 8.30% | 36.68% |
Fuel Oil, Kerosene, etc. | 89, 0.31%, see rank | 1.40% | 5.86% |
Coal or Coke | 14, 0.05%, see rank | 0.03% | 0.12% |
Wood | 69, 0.24%, see rank | 3.39% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.02% | 0.05% |
Other Fuel | 120, 0.42%, see rank | 0.86% | 0.47% |
No Fuel Used | 138, 0.49%, see rank | 0.39% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Royal Oak, MI | Michigan | U.S. |
Occupied Units Paying Rent | 9,126, 100% | 1,028,835 | 39,201,928 |
$199 or Less | 73, 0.80%, see rank | 1.86% | 1.50% |
$200 to $299 | 134, 1.47%, see rank | 3.88% | 3.18% |
$300 to $499 | 396, 4.34%, see rank | 9.32% | 7.37% |
$500 to $699 | 1,380, 15.12%, see rank | 23.63% | 16.01% |
$700 to $999 | 3,315, 36.32%, see rank | 35.23% | 29.17% |
$1,000 to $1,499 | 2,528, 27.70%, see rank | 20.17% | 26.88% |
$1,500 to $1,999 | 1,042, 11.42%, see rank | 3.85% | 9.79% |
$2,000 or More | 258, 2.83%, see rank | 2.06% | 6.10% |
Median | $901, see rank | $780 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Royal Oak, MI | Michigan | U.S. | |
Occupied Housing Units | 28,269, 100% | 3,827,880 | 116,211,092 |
No Vehicles Available | 1,463, 5.18%, see rank | 7.97% | 9.12% |
1 Vehicles Available | 11,875, 42.01%, see rank | 35.06% | 33.80% |
2 Vehicles Available | 11,222, 39.70%, see rank | 38.45% | 37.48% |
3 or More Vehicles Available | 3,709, 13.12%, see rank | 18.52% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.