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2024 Compare Cities Economy:
Royal Oak, MI vs Plano, TX

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Highlights
- Household income in Plano, is 14% more than it is in Royal Oak and is 31% above the National Average.
- Royal Oak unemployment rate is 2.2%.
- Plano unemployment rate is 5.5%.

Economy
 Royal Oak, MIPlano, TXUnited States
 Unemployment Rate2.2%5.5%6.0%
 Recent Job Growth0.3%3.3%1.6%
 Future Job Growth39.7%44.6%33.5%
 Sales Taxes6.0%8.3%6.2%
 Income Taxes4.3%0.0%4.6%
 Income per Cap.$54,486$51,624$37,638
 Household Income$87,316$99,729$69,021
 Family Median Income$118,848$117,513$85,028
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 Est. Households By Income
 Royal Oak, MIPlano, TXUnited States
 Income Less Than 15K5.2%5.1%9.4%
 Income between 15K and 20K1.6%1.2%3.8%
 Income between 20K and 30K8.4%4.5%8.1%
 Income between 30K and 40K5.8%4.5%8.0%
 Income between 40K and 50K5.3%6.2%7.6%
 Income between 50K and 60K4.9%5.9%7.2%
 Income between 60K and 75K10.8%9.0%9.6%
 Income between 75K and 100K15.0%13.7%12.8%
 Income between 100K and 150K20.5%19.8%16.3%
 Income between 150K and 200K11.8%12.6%7.8%
 Income greater than 200K10.8%17.5%9.5%
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 Population By Occupation
 Royal Oak, MIPlano, TXUnited States
 Management, business, finance25.0%25.8%16.4%
 Engineering, computers, science15.1%14.8%6.5%
 Community, social services1.5%1.1%1.8%
 Legal3.0%1.3%1.2%
 Education, library5.3%6.1%6.2%
 Arts, design, media, sports, entertainment4.1%2.2%2.0%
 Healthcare practitioners and technology8.2%5.8%6.2%
 Healthcare support1.5%1.4%3.3%
 Firefighters, law enforcement1.4%1.1%2.1%
 Food preparation, serving4.2%4.0%5.4%
 Building maintenance2.1%2.8%3.6%
 Personal care2.1%2.4%2.6%
 Sales, office, administrative support16.8%21.1%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair3.6%4.4%8.1%
 Production, transportation, material moving6.1%5.7%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 Plano    42 Reviews

I had lived in Plano for over 30 years. It is where I bought my first home as a single woman, where I married, and where I raised my children. I was fortunate enough  More

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We have lived in Plano for 20 years. It has been consistently rated very highly in surveys of best places to live in the US. Pros are the parks system; which includes  More

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Over 3 years ago

I've lived here for a while now. It's wonderful here. There's a ton to do, great jobs, great parks, and pretty good school. It's the perfect  More

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ZIPS IN ROYAL OAK, MICHIGAN
48073 48067
ZIPS IN PLANO, TEXAS
75025 75023 75074 75093 75024 75075

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