There are 20 retirement homes near Royal Oak, Michigan. The average cost / day of retirement home care in Michigan is around $59, with costs ranging between $14 and $144 daily. On a monthly basis, this equates to a mean cost of $1,760, with costs ranging from around $412 up to $4,317. The average annual cost is $21,120, which is below the nationwide average of $23,100.
Retirement home living costs in Royal Oak, MI can range from around $440 per month up to $3,630 per month, with a median cost of approximately $1,980 per month. That equates to an annual cost of $23,760.
Located within Oakland County, Royal Oak is a medium-sized city in Michigan. It is included in the Detroit-Warren-Livonia metropolitan statistical area. While the encompassing metropolitan area includes 3,457,808 people, there are 57,256 living within the city itself. About 25% of the local populace are over 55.
Royal Oak has an excellent SeniorScore™ of 80. The average housing price in the city is $156,000, which is relatively lower than the Michigan average of $177,000. Royal Oak has a moderate unemployment rate of around 6.94%. The city's average household income is $62,000 ($38,000 per person), versus the average of $46,000 for the state of Michigan.
Royal Oak has extreme mean temperatures, with medium winters and mildly warm summers. The area gets low amounts of precipitation annually. Royal Oak has a lower than average rate of crime and lower than average air quality ratings in comparison to other cities in the United States.