Living in Berkley, Michigan
Cost of living, income, home prices, rent and demographics of Berkley · Census data 2020–2024
Berkley has 15,149 residents with a median age of 37.8. The median household income is $116,239 (60% higher than the Michigan median), the median home value is $316,700, the median rent is $1,526/month.
Berkley at a glance
- Population
- 15,149
- Median age
- 37.8State: 40.2
- Median household income
- $116,239State: $72,875
- Median home value
- $316,700State: $231,600
- Median rent
- $1,526/moState: $1,129
- Homeowners
- 87.9%
- Bachelor's degree or higher
- 58.8%
- Average commute
- 22 min
Is Berkley a good place to live?
Pros: Median household income 60% higher than the Michigan median; an average commute of 22 minutes; unemployment of 2.2%; a poverty rate of 4.5%.
Cons: Home values 37% higher than the state median.
The weather is best in June to September.
Cost of living in Berkley
Housing is the biggest part of the cost of living. In Berkley the median home value is $316,700, 5% lower than the U.S. median. Renters pay a median of $1,526 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,813 a month in housing costs.
Berkley median household income
The median household income in Berkley is $116,239 and the income per person is $61,723. 4.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Berkley: homes for sale and rent
- Housing units
- 7,117
- Owner-occupied
- 87.9%
- Renter-occupied
- 12.1%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 2.21
Berkley demographics
- Population
- 15,149
- Median age
- 37.8
- Under 18
- 20.4%
- 65 and older
- 14%
- Households
- 6,840
- Foreign-born
- 2.8%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Berkley ›
Education in Berkley
58.8% of adults 25 and older in Berkley have a bachelor's degree or higher (Michigan: 32.4%), and 23.2% have a graduate or professional degree.
Jobs and commute in Berkley
- Unemployment rate
- 2.2%State: 5.7%
- Average commute
- 22 minState: 24 min
- Work from home
- 22.6%
- Drive alone
- 70.2%
- Public transit
- 0.1%
- Walk to work
- 0.9%
- Homes with broadband
- 97.4%
Berkley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Berkley | 15,149 | $116,239 | $316,700 | $1,526 |
| Huntington Woods | 6,328 | $190,150 | $473,900 | $2,493 |
| Royal Oak | 57,950 | $101,109 | $328,700 | $1,381 |
| Lathrup Village | 4,059 | $109,893 | $310,600 | $1,483 |
| Oak Park | 29,318 | $71,510 | $212,300 | $1,396 |
| Pleasant Ridge | 2,602 | $171,125 | $448,700 | $1,720 |
| Clawson | 11,374 | $88,636 | $267,100 | $1,253 |
| Beverly Hills | 10,524 | $177,412 | $511,000 | $2,077 |
| Birmingham | 21,763 | $153,510 | $698,300 | $1,902 |
More for people moving to Berkley
Berkley ZIP code ›Weather and climate ›Living in Berkley: FAQ
What is the median household income in Berkley, MI?
The median household income in Berkley is $116,239, 60% higher than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Berkley?
The median home value in Berkley is $316,700, compared with $231,600 in Michigan.
How much is rent in Berkley?
The median gross rent in Berkley is $1,526 per month, about 22.5% of household income.
Is Berkley, MI a good place to live?
Pluses: median household income 60% higher than the Michigan median; an average commute of 22 minutes; unemployment of 2.2%; a poverty rate of 4.5%. Minuses: home values 37% higher than the state median.
What is the median age in Berkley?
The median age in Berkley is 37.8 years (Michigan: 40.2).
How long is the commute in Berkley?
The average commute to work in Berkley is 22 minutes; 22.6% of workers work from home.
What is the unemployment rate in Berkley?
The unemployment rate in Berkley is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Berkley?
58.8% of adults in Berkley have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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