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

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

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Highlights
- Household income in Lafayette, is 45% less than it is in Royal Oak and is 45% below the National Average.
- Royal Oak unemployment rate is 2.2%.
- Lafayette unemployment rate is 4.9%.

Economy
 Royal Oak, MILafayette, INUnited States
 Unemployment Rate2.2%4.9%6.0%
 Recent Job Growth0.3%3.6%1.6%
 Future Job Growth39.7%37.0%33.5%
 Sales Taxes6.0%7.0%6.2%
 Income Taxes4.3%4.3%4.6%
 Income per Cap.$54,486$27,982$37,638
 Household Income$87,316$47,690$69,021
 Family Median Income$118,848$61,061$85,028
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 Est. Households By Income
 Royal Oak, MILafayette, INUnited States
 Income Less Than 15K5.2%11.7%9.4%
 Income between 15K and 20K1.6%4.5%3.8%
 Income between 20K and 30K8.4%12.4%8.1%
 Income between 30K and 40K5.8%12.7%8.0%
 Income between 40K and 50K5.3%11.4%7.6%
 Income between 50K and 60K4.9%8.8%7.2%
 Income between 60K and 75K10.8%10.1%9.6%
 Income between 75K and 100K15.0%12.3%12.8%
 Income between 100K and 150K20.5%11.3%16.3%
 Income between 150K and 200K11.8%3.4%7.8%
 Income greater than 200K10.8%1.5%9.5%
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 Population By Occupation
 Royal Oak, MILafayette, INUnited States
 Management, business, finance25.0%10.6%16.4%
 Engineering, computers, science15.1%6.2%6.5%
 Community, social services1.5%1.1%1.8%
 Legal3.0%0.5%1.2%
 Education, library5.3%8.0%6.2%
 Arts, design, media, sports, entertainment4.1%0.9%2.0%
 Healthcare practitioners and technology8.2%5.4%6.2%
 Healthcare support1.5%3.1%3.3%
 Firefighters, law enforcement1.4%1.5%2.1%
 Food preparation, serving4.2%7.0%5.4%
 Building maintenance2.1%4.3%3.6%
 Personal care2.1%2.2%2.6%
 Sales, office, administrative support16.8%18.1%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair3.6%7.1%8.1%
 Production, transportation, material moving6.1%23.7%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 Lafayette    16 Reviews

Over 11 years ago

I have lived here for 12 years and in a smaller town 20 miles away for over 35 years and like the people. But crime is on the rise, more arrests lately related to people  More

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Over 12 years ago

Lafayette still has a small town atmosphere. It is a wonderful place to raise children. There is a strong sense of community. Unfotunately in recent years Lafayette has  More

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I can say I have lived in Lafayette Indiana for 25 years. I'll say that home is home...but I would honestly say in less your a college student at Purdue, I would never  More

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ZIPS IN ROYAL OAK, MICHIGAN
48073 48067
ZIPS IN LAFAYETTE, INDIANA
47901

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