Oakland County Michigan Household Income
The Census ACS 1-year survey reports that the median household income for the Oakland County Michigan area was $86,523 in 2021, the latest figures available. Oakland County median household income is $23,025 higher than the median Michigan household income and $16,806 greater than the US median household income. 2022 county income data (including Oakland County median household income) will be released in September of 2023. Median family and per capita income for Oakland County are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Oakland County Michigan
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Michigan | $63,498 | -1.42% | +3.80% |
| Oakland County | $86,523 | -1.42% | 0.00% |
Trends in Oakland County, MI Real Median Household Income since 2005
The current median household income for Oakland is $86,523. Real median household income peaked in 2006 at $89,557 and is now $3,034 (3.39%) lower. From a post peak low of $74,715 in 2011, real median household income for Oakland has now grown by $11,808 (15.80%).
Real Median Household Income: Oakland County, Michigan, National
Historical Inflation Adjusted Median Household Income for Oakland County
| Date | US | Michigan | Oakland County |
|---|---|---|---|
| 2021 | $69,717 | $63,498 | $86,523 |
| 2020 | $70,877 | $64,415 | $87,773 |
| 2019 | $69,638 | $63,144 | $86,041 |
| 2018 | $66,828 | $61,174 | $86,526 |
| 2017 | $66,687 | $60,689 | $85,630 |
| 2016 | $65,052 | $59,265 | $81,200 |
| 2015 | $63,784 | $58,419 | $80,049 |
| 2014 | $61,468 | $57,103 | $79,380 |
| 2013 | $60,869 | $56,236 | $78,288 |
| 2012 | $60,732 | $55,397 | $74,887 |
| 2011 | $60,969 | $55,511 | $74,715 |
| 2009 | $63,573 | $57,287 | $78,874 |
| 2007 | $66,465 | $62,810 | $87,087 |
| 2005 | $64,310 | $64,028 | $89,037 |
Oakland County Family Income
The ACS 1-year data shows the median family income for Oakland County was $111,734 in 2021. Compared to the median Michigan family income, Oakland County median family income is $31,211 higher. As with the median household income data, 2022 family income data for Oakland County will be released in September of 2023.
Real Median Family Income for Oakland County Michigan
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Michigan | $80,523 | -1.51% | +3.60% |
| Oakland County | $111,734 | -2.20% | +1.12% |
Trends in Oakland County, MI Real Median Family Income since 2005
The current median family income for Oakland is $111,734. Real median family income peaked in 2006 at $114,293 and is now $2,559 (2.24%) lower. From a post peak low of $95,463 in 2010, real median family income for Oakland has now grown by $16,271 (17.04%).
Real Median Family Income: Oakland County, Michigan, National
Historical Inflation Adjusted Median Family Income for Oakland County
| Date | US | Michigan | Oakland County |
|---|---|---|---|
| 2021 | $85,806 | $80,523 | $111,734 |
| 2020 | $87,269 | $81,761 | $114,242 |
| 2019 | $85,780 | $80,226 | $112,923 |
| 2018 | $82,434 | $77,724 | $110,494 |
| 2017 | $81,669 | $76,997 | $109,113 |
| 2016 | $80,231 | $76,018 | $107,875 |
| 2015 | $78,061 | $73,067 | $103,771 |
| 2014 | $75,505 | $71,189 | $102,504 |
| 2013 | $74,593 | $70,883 | $100,327 |
| 2012 | $73,920 | $70,099 | $96,647 |
| 2011 | $74,192 | $70,103 | $96,718 |
| 2009 | $77,322 | $71,751 | $100,749 |
| 2007 | $80,131 | $78,095 | $108,994 |
| 2005 | $77,647 | $79,657 | $112,982 |
Oakland County Per Capita Income
The ACS 1-year survey shows the per capita income for Oakland County was $49,998 in 2021. Compared to the median Michigan per capita income, Oakland County median per capita income is $14,645 higher. As with the median household and median family income numbers above, 2022 per capita income data for Oakland County will be released in September of 2023.
Real Per Capita Income for Oakland County Michigan
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Michigan | $35,353 | -1.02% | +3.99% |
| Oakland County | $49,998 | -0.57% | +5.07% |
Trends in Oakland County, MI Real Per Capita Income since 2005
The current per capita income for Oakland is $49,998. Real per capita income peaked in 2020 at $50,283 and is now $285 (0.57%) lower.
Real Per Capita Income: Oakland County, Michigan, National
Historical Real Per Capita Income for Oakland County
| Date | US | Michigan | Oakland County |
|---|---|---|---|
| 2021 | $38,332 | $35,353 | $49,998 |
| 2020 | $38,730 | $35,716 | $50,283 |
| 2019 | $37,803 | $34,857 | $48,835 |
| 2018 | $36,503 | $33,996 | $47,587 |
| 2017 | $35,807 | $33,697 | $48,168 |
| 2016 | $35,145 | $32,886 | $46,436 |
| 2015 | $34,284 | $31,866 | $44,595 |
| 2014 | $33,094 | $30,487 | $43,366 |
| 2013 | $32,833 | $30,194 | $42,957 |
| 2012 | $32,297 | $29,643 | $42,613 |
| 2011 | $32,243 | $29,468 | $42,050 |
| 2009 | $33,430 | $30,036 | $42,210 |
| 2007 | $34,959 | $32,507 | $47,452 |
| 2005 | $34,817 | $33,905 | $48,619 |
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