This data is based on ZIP codes 48067, 48071, 48073, 48084, which covers Royal Oak and Berkley and Clawson and Madison Heights and Troy.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 48067, 48071, 48073, 48084 area shared across these towns.
Showing latest year snapshot. Full economic history and trends available with a paid plan. See products & pricing →
Royal Oak ZIP Area Economy · 2023
Wages -4% vs. avg. Oakland Co. town
Royal Oak's ZIP area supports 93,809 jobs across 4,716 businesses, with workers earning an average of $72K per year, 4% below the Oakland County average. The economy is well-diversified (0.89 index), led by professional services and retail trade. 79.9% of businesses have fewer than 20 employees, and each business employs an average of 19.9 people. Jobs grew 3.6% from the prior year while business count grew 4.2%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Oakland Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
4,716 businesses by employee count. 79.9% are small businesses (under 20 employees).
Small (5-9)
Micro (<5)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Major (500-999)
Economic Densityi
1.62
jobs per resident
19.9
employees per business
County avg: 20.4-2%
$116K
payroll per resident
$1.4M
payroll per business
Royal Oak ZIP Area vs. Avg. Oakland Co. Towni
All Industries in ZIP Areai
| Sector | Royal Oak ZIP | Avg. Oakland Co. | Spec. |
|---|---|---|---|
| Professional Services | 804 | 244 | 1.0x |
| Retail Trade | 568 | 160 | 1.1x |
| Healthcare | 527 | 208 | 0.8x |
| Admin Services | 476 | 95 | 1.5x |
| Food & Accommodation | 389 | 112 | 1.1x |
| Finance & Insurance | 336 | 98 | 1.0x |
| Other Services | 319 | 108 | 0.9x |
| Wholesale Trade | 266 | 82 | 1.0x |
| Manufacturing | 242 | 65 | 1.1x |
| Construction | 237 | 92 | 0.8x |
| Real Estate | 195 | 66 | 0.9x |
| Information | 119 | 30 | 1.2x |
| Transportation | 70 | 25 | 0.9x |
| Education | 59 | 18 | 1.0x |
| Arts & Entertainment | 54 | 22 | 0.8x |
| Management | 45 | 18 | 0.8x |
| Unclassified | 3 | 0 | — |