Zip Code
48067
City
Royal Oak, MI
Population & Migration
What is the forecasted population for Zip code 48067 Royal Oak, MI?
- Population census 2020
- 24,685
- Forecasted population 2025
- 24,837
- 0.6% vs. 2020
- Forecasted population 2030
- 24,889
- 0.8% vs. 2020
Zip code 48067 Royal Oak, MI population is forecasted to decrease 0.6% by 2025 (-4.1 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 24,837 people for 2025 zip code 48067 Royal Oak, MI will generate a good demand for housing, which is expected to have a deficit of 112 houses for 2030. Vacancy rate is 4.3 points below national US average.
- Total homes available 2020
- 13,577
- Estimated total home demand in 2030
- 13,689
- Total homes balance inventory
- 112
Average Household Income in zip code 48067 Royal Oak, MI
from Internal Revenue Service
- Average household income in 2021
- $116,904
Affordability
- Affordability Index
- 2
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 48067 Royal Oak, MI?
County total number of drinking water violations
1088
+369%
232
County total number of drinking water contaminations
74
+236%
22
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