Living in Romeo, Michigan
Cost of living, income, home prices, rent and demographics of Romeo · Census data 2020–2024
Romeo has 3,578 residents with a median age of 46.1. The median household income is $74,323 (about the same as the Michigan median), the median home value is $266,200, the median rent is $981/month.
Romeo at a glance
- Population
- 3,578
- Median age
- 46.1State: 40.2
- Median household income
- $74,323State: $72,875
- Median home value
- $266,200State: $231,600
- Median rent
- $981/moState: $1,129
- Homeowners
- 65.7%
- Bachelor's degree or higher
- 30.9%
- Average commute
- 33 min
Is Romeo a good place to live?
Pros: Median household income about the same as the Michigan median; unemployment of 1.7%; a poverty rate of 11.1%.
Cons: Home values 15% higher than the state median; an average commute of 33 minutes.
The weather is best in June to September.
Cost of living in Romeo
Housing is the biggest part of the cost of living. In Romeo the median home value is $266,200, 20% lower than the U.S. median. Renters pay a median of $981 per month, which is 21.9% of household income. Homeowners with a mortgage pay $1,647 a month in housing costs.
Romeo median household income
The median household income in Romeo is $74,323 and the income per person is $46,731. 11.1% of residents live below the poverty line (Michigan: 13.2%).
Housing in Romeo: homes for sale and rent
- Housing units
- 1,822
- Owner-occupied
- 65.7%
- Renter-occupied
- 34.3%
- Vacant
- 2.4%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 1.95
Romeo demographics
- Population
- 3,578
- Median age
- 46.1
- Under 18
- 17.7%
- 65 and older
- 26.4%
- Households
- 1,778
- Foreign-born
- 3.2%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Romeo ›
Education in Romeo
30.9% of adults 25 and older in Romeo have a bachelor's degree or higher (Michigan: 32.4%), and 8.6% have a graduate or professional degree.
Jobs and commute in Romeo
- Unemployment rate
- 1.7%State: 5.7%
- Average commute
- 33 minState: 24 min
- Work from home
- 9.9%
- Drive alone
- 83%
- Public transit
- 0.4%
- Walk to work
- 1%
- Homes with broadband
- 89.5%
Romeo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Romeo | 3,578 | $74,323 | $266,200 | $981 |
| Armada | 1,994 | $102,083 | $274,300 | $1,061 |
| Leonard | 346 | $76,875 | $245,200 | — |
| Almont | 2,838 | $83,537 | $246,500 | $988 |
| Rochester | 12,934 | $111,750 | $473,200 | $1,350 |
| Dryden | 1,182 | $70,352 | $208,300 | $1,238 |
| New Haven | 6,475 | $66,125 | $209,000 | $1,268 |
| Utica | 5,180 | $58,718 | $231,100 | $1,131 |
| Lake Orion | 2,863 | $101,318 | $376,600 | $798 |
More for people moving to Romeo
Romeo ZIP code ›Weather and climate ›Living in Romeo: FAQ
What is the median household income in Romeo, MI?
The median household income in Romeo is $74,323, about the same as 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 Romeo?
The median home value in Romeo is $266,200, compared with $231,600 in Michigan.
How much is rent in Romeo?
The median gross rent in Romeo is $981 per month, about 21.9% of household income.
Is Romeo, MI a good place to live?
Pluses: median household income about the same as the Michigan median; unemployment of 1.7%; a poverty rate of 11.1%. Minuses: home values 15% higher than the state median; an average commute of 33 minutes.
What is the median age in Romeo?
The median age in Romeo is 46.1 years (Michigan: 40.2).
How long is the commute in Romeo?
The average commute to work in Romeo is 33 minutes; 9.9% of workers work from home.
What is the unemployment rate in Romeo?
The unemployment rate in Romeo is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Romeo?
30.9% of adults in Romeo 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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