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2024 Compare Cities Economy:
Norwood, MA vs Royal Oak, MI

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Highlights
- Household income in Royal Oak, is 9% less than it is in Norwood and is 21% above the National Average.
- Norwood unemployment rate is 5.8%.
- Royal Oak unemployment rate is 2.2%.

Economy
 Norwood, MARoyal Oak, MIUnited States
 Unemployment Rate5.8%2.2%6.0%
 Recent Job Growth4.3%0.3%1.6%
 Future Job Growth40.8%39.7%33.5%
 Sales Taxes6.3%6.0%6.2%
 Income Taxes5.1%4.3%4.6%
 Income per Cap.$54,645$54,486$37,638
 Household Income$96,414$87,316$69,021
 Family Median Income$120,146$118,848$85,028
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 Est. Households By Income
 Norwood, MARoyal Oak, MIUnited States
 Income Less Than 15K6.5%5.2%9.4%
 Income between 15K and 20K3.1%1.6%3.8%
 Income between 20K and 30K5.0%8.4%8.1%
 Income between 30K and 40K6.9%5.8%8.0%
 Income between 40K and 50K4.9%5.3%7.6%
 Income between 50K and 60K4.4%4.9%7.2%
 Income between 60K and 75K7.8%10.8%9.6%
 Income between 75K and 100K12.6%15.0%12.8%
 Income between 100K and 150K20.4%20.5%16.3%
 Income between 150K and 200K10.9%11.8%7.8%
 Income greater than 200K17.5%10.8%9.5%
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 Population By Occupation
 Norwood, MARoyal Oak, MIUnited States
 Management, business, finance22.1%25.0%16.4%
 Engineering, computers, science10.5%15.1%6.5%
 Community, social services2.8%1.5%1.8%
 Legal1.4%3.0%1.2%
 Education, library7.1%5.3%6.2%
 Arts, design, media, sports, entertainment2.5%4.1%2.0%
 Healthcare practitioners and technology7.5%8.2%6.2%
 Healthcare support3.2%1.5%3.3%
 Firefighters, law enforcement1.1%1.4%2.1%
 Food preparation, serving4.1%4.2%5.4%
 Building maintenance2.3%2.1%3.6%
 Personal care2.5%2.1%2.6%
 Sales, office, administrative support19.8%16.8%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair5.7%3.6%8.1%
 Production, transportation, material moving7.4%6.1%13.1%

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Reviews for Norwood    1 Reviews

Norwood is well run and has an excellent police and fire dept. Location is terrific. Halfway between Providence and Boston. 2 rail stations in the town convenience to  More

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Reviews for Royal Oak    20 Reviews

Whoever put crime and urban decay as cons for Royal Oak has never been to Royal Oak. It is a very stable and safe suburb with a lot to do and access to many job  More

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Over 13 years ago

Michigan willturn around as soon as they break the bonds with the car companies.  More

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Over 14 years ago

Fun growing  More

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ZIPS IN NORWOOD, MASSACHUSETTS
No Zip Codes Here.
ZIPS IN ROYAL OAK, MICHIGAN
48073 48067

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