Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.7 yrs |
|---|---|
| Avg HH Size | 2.20 |
| Below Poverty | 4.7% ▼ 53% below avg |
| College Grads | 68.3% ▲ 76% above avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 39 (0.4%) |
| HS Graduate | 1,398 (12.7%) |
| Some College | 836 (7.6%) |
| Associates | 1,221 (11.1%) |
| Bachelors | 1,230 (11.2%) |
| Graduate Degree | 6,306 (57.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $113,103 ▲ 48% above avg |
|---|---|
| Median Home Value | $289,200 ≈ Avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $1,436/mo |
| Total Housing Units | 7,068 |
| Vacant Units | 216 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Berkley is a city in Michigan, located in Oakland County. The city spans 1 ZIP code and is home to approximately 15,084 residents. It is a relatively young city, with a median age of 37.7 years.
Economically, Berkley is a upper-middle-income community. The median household income of $113,103 is above the national average. Approximately 4.7% of residents live below the poverty line. The unemployment rate is 3.0%, below the national average.
The real estate market in Berkley is a mid-range housing market. Median home values stand at $289,200, which is near the national average. Renters typically pay around $1,436 per month. Homeownership is high at 85.7%, typical of suburban and family-oriented communities.
The population of Berkley is highly educated. 68.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (85.93%).
Berkley, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48072 | 15,084 | $113,103 | $289,200 | $1,436 | 3.0% | 68.3% | 85.7% |