Home / Select Cities  /  2024 Comparing Royal Oak, MI vs. Carmel, IN

2024 Compare Cities Economy:
Royal Oak, MI vs Carmel, IN

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Highlights
- Household income in Carmel, is 37% more than it is in Royal Oak and is 42% above the National Average.
- Royal Oak unemployment rate is 2.2%.
- Carmel unemployment rate is 3.0%.

Economy
 Royal Oak, MICarmel, INUnited States
 Unemployment Rate2.2%3.0%6.0%
 Recent Job Growth0.3%2.5%1.6%
 Future Job Growth39.7%43.8%33.5%
 Sales Taxes6.0%7.0%6.2%
 Income Taxes4.3%4.2%4.6%
 Income per Cap.$54,486$64,078$37,638
 Household Income$87,316$119,772$69,021
 Family Median Income$118,848$157,200$85,028
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 Est. Households By Income
 Royal Oak, MICarmel, INUnited States
 Income Less Than 15K5.2%3.0%9.4%
 Income between 15K and 20K1.6%1.2%3.8%
 Income between 20K and 30K8.4%2.7%8.1%
 Income between 30K and 40K5.8%4.3%8.0%
 Income between 40K and 50K5.3%4.9%7.6%
 Income between 50K and 60K4.9%6.2%7.2%
 Income between 60K and 75K10.8%9.0%9.6%
 Income between 75K and 100K15.0%10.4%12.8%
 Income between 100K and 150K20.5%17.8%16.3%
 Income between 150K and 200K11.8%13.2%7.8%
 Income greater than 200K10.8%27.2%9.5%
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 Population By Occupation
 Royal Oak, MICarmel, INUnited States
 Management, business, finance25.0%28.0%16.4%
 Engineering, computers, science15.1%13.4%6.5%
 Community, social services1.5%1.8%1.8%
 Legal3.0%2.9%1.2%
 Education, library5.3%5.9%6.2%
 Arts, design, media, sports, entertainment4.1%2.8%2.0%
 Healthcare practitioners and technology8.2%9.7%6.2%
 Healthcare support1.5%0.9%3.3%
 Firefighters, law enforcement1.4%0.8%2.1%
 Food preparation, serving4.2%5.3%5.4%
 Building maintenance2.1%1.5%3.6%
 Personal care2.1%1.7%2.6%
 Sales, office, administrative support16.8%18.7%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair3.6%2.1%8.1%
 Production, transportation, material moving6.1%4.5%13.1%

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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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Reviews for Carmel    26 Reviews

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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Over 9 years ago

Carmel is hands down the best place to live in  More

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ZIPS IN ROYAL OAK, MICHIGAN
48073 48067
ZIPS IN CARMEL, INDIANA
46032 46033 46290

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