48073 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
48083
48073
Opportunity
75 · Top 13%
vs82 · Top 5%
Growth
40 · Bottom 34%
vs45 · Bottom 42%
Climate
63 · Bottom 28%
vs63 · Bottom 28%
Physical resilience
94 · Top 5%
vs94 · Top 5%
Housing affordability
95 · Top 22%
vs94 · Top 23%
Schools
79 · Top 15%
vs75 · Top 20%
Access
88 · Bottom 33%
vs90 · Bottom 39%
Economic stability
63 · Top 44%
vs78 · Top 14%
Measured values
| Metric | 48083 | 48073 | Source period |
|---|---|---|---|
| Population | 23,771 | 33,106 | 2024 ACS 5-Year |
| Median household income | $90,794 | $91,627 | 2024 ACS 5-Year |
| Per capita income | $46,653 | $60,812 | 2024 ACS 5-Year |
| Population density | 2,759/sq mi | 4,477/sq mi | 2024 ACS 5-Year |
| Median home value | $315,800 | $323,600 | 2024 ACS 5-Year |
| Median gross rent | $1,340 | $1,283 | 2024 ACS 5-Year |
| Homeownership rate | 62.2% | 68.4% | 2024 ACS 5-Year |
| Unemployment rate | 3.9% | 3.0% | June 2026 |
| Employment change (year over year) | 1.2% | 1.2% | June 2026 |
| Bachelor's degree or higher | 52.2% | 60.7% | 2024 ACS 5-Year |
| Poverty rate | 9.3% | 6.2% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 150 | 138 | 12 months ending July 2026 |
| Permits per 1,000 residents | 1.7 | 2.4 | 12 months ending July 2026 |
| Permit change (year over year) | -37.2% | -3.5% | 12 months ending July 2026 |
| Average July high | 84°F | 84°F | 1991-2020 Normals |
| Average January low | 20°F | 20°F | 1991-2020 Normals |
| Annual precipitation | 29.9" | 29.9" | 1991-2020 Normals |
| Distance to major airport | 27 mi | 23 mi | NASR current cycle |
| Average commute | 25.8 min | 24.8 min | 2024 ACS 5-Year |
| Median age | 40.7 | 38.7 | 2024 ACS 5-Year |
| Public schools | 7 | 7 | 2024-25 school year |
| Students per teacher | 15.49 | 14.29 | 2024-25 school year |
| Math proficiency | 53.9% | 48.5% | 2019-20 school year |
| Reading proficiency | 65.6% | 59.2% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 31.2% | 20.1% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Full profiles: 48083 — Troy, MI · 48073 — Royal Oak, MI · How this is calculated: methodology