Royal Oak Cooperative Apartments
Royal Oak Cooperative Apartments Location
Royal Oak, a city located in the state of Michigan (MI), is home to a population of approximately 58,053 people. Royal Oak boasts a median age of 35.9, with around 21.2% of its residents aged 60 or above. 3.5% of the population identifies as US Veterans. 9.1% of Royal Oak residents are disabled. The city has an average household income of $92,799, while the unemployment rate stands at 3%, and around 6.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Royal Oak is $287,529, with a monthly rent averaging $1260.
About Senior Apartments
Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities.