Green Oak Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Green Oak, Michigan? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Green Oak, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Green Oak is $110,244.00.

The chart below shows the average household income by age in Green Oak.

• Under 25
  $29,028.00
• 25 to 44
  $127,917.00
• 45 to 64
  $140,671.00
• 65 and over
  $73,539.00

Average Household Income

A very commonly asked question is "what is the average household income in Green Oak, Michigan?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Green Oak is $140,794.00.

22.24% of households in Green Oak, Michigan are classed as high income households (making $200,000+ per year).

Household Income Tiers for Green Oak

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Green Oak, Michigan easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  5.15%
• $25,000 to $49,999
  15.65%
• $50,000 to $74,999
  12.77%
• $75,000 to $99,999
  12.31%
• $100,000 to $149,999
  17.26%
• $150,000 to $199,999
  14.62%
• $200,000 or more
  22.24%

Per Capita Income

The per capita income is the average income of all people in Green Oak, Michigan. This is calculated by dividing the total income of all people in Green Oak by the total number of people in Green Oak.

It differs from the average or mean household income because it includes all people in Green Oak and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Green Oak, Michigan is $54,896.00.

Population in Green Oak by Race and Ethnicity

The total population in Green Oak is currently 19,552 people.

The race and ethnicity of the population in Green Oak can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Green Oak, Michigan.

• 0.80% White
  150
• 96.10% Black/African American
  18,797
• 90.80% Native
  17,757
• 2.90% Hispanic
  561
• 0.60% Asian
  118
• 0.10% Hawaiian/Pacific Islander
  13
• 0.00% Two or more races
  0
• 0.80% Other
  150

Population of Green Oak by Age and Gender

Another very important demographics statistic for Green Oak, Michigan is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Green Oak, Michigan.

• Master's degree or higher
  22.80%
• Bachelor's degree
  38.71%
• Some college or associate's degree
  9.66%
• High school diploma or equivalent
  27.42%
• Less than high school diploma
  1.41%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Green Oak because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Green Oak look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Green Oak, Michigan that are over the age of 16.

The current population in Green Oak that are over the age of 16 is 16,155 people.

The unemployment rate in Green Oak is 4.20%, which means 429 people are unemployed.

Median Age in Green Oak

The median age is an interesting metric because it gives us an idea of the age distribution of people in Green Oak, Michigan. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Green Oak is 44.9 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Green Oak

44.9

Total

43.6

Male

46.5

Female

Households and Families

There are a total of 7,433 households in Green Oak, and the average household size is 2.6 people.

For families, the total number is 5,438, and the average family size is 3.04 people.

3.00% of those families in Green Oak, Michigan are living below the poverty line.

The table below shows the poverty thresholds for Green Oak in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Green Oak, Michigan for each type, as well as the average sizes.

Housing Data in Green Oak

There are total of 7,870 housing units in Green Oak, Michigan. Of those units, 7,433 (94.45%) are occupied, and 437 (5.55%) are vacant.

Rental Rates

Of the 7,870 housing units in Green Oak, 673 (8.55%) are occupied by renters. The median rent paid by renters is $1,106.00.

Owner occupied housing units make up the remaining 85.10% of housing units, with 6,697 housing units in total.

The table below breaks down how much rent is paid by renters in Green Oak, Michigan.

• No rent paid
  63
• Less than $500
  0
• $500 to $999
  205
• $1,000 to $1,499
  325
• $1,500 to $1,999
  109
• $2,000 to $2,499
  29
• $2,500 to $2,999
  5
• $3,000 or more
  0

Property Values

The median value of a property in Green Oak is $350,400.00.

The table below breaks down the range of valuations for all properties in Green Oak.

• Less than $50,000
  117
• $50,000 to $99,999
  343
• $100,000 to $149,999
  363
• $150,000 to $199,999
  641
• $200,000 to $299,999
  1,122
• $300,000 to $499,999
  2,899
• $500,000 to $999,999
  1,093
• $1,000,000 or more
  119

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Green Oak, Michigan.

• 1939 or earlier
  304
• 1940 to 1949
  216
• 1950 to 1959
  602
• 1960 to 1969
  604
• 1970 to 1979
  1,176
• 1980 to 1989
  1,039
• 1990 to 1999
  1,847
• 2000 to 2009
  1,251
• 2010 to 2013
  803
• 2014 or later
  28

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Green Oak has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  128
• 1 vehicle available
  1,739
• 2 vehicles available
  3,435
• 3 or more vehicles available
  2,131

Commuting to Work in Green Oak

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Green Oak, Michigan, how they commute, and how that correlates to other data points.

The average travel time is 31.4 minutes, and the chart below covers the range of travel times across the population of Green Oak.

• Less than 5 minutes
  104
• 5 to 9 minutes
  547
• 10 to 14 minutes
  857
• 15 to 19 minutes
  790
• 20 to 24 minutes
  1,130
• 25 to 29 minutes
  710
• 30 to 34 minutes
  1,302
• 35 to 39 minutes
  430
• 40 to 44 minutes
  452
• 45 to 59 minutes
  960
• 60 to 89 minutes
  660
• 90 or more minutes
  224

We can also look at the means of transport in Green Oak to see which modes of transport people are using to commute to work.

• Drove alone
  7,503
• Carpooled
  502
• Public transportation
  8
• Walked
  16
• Other means
  137
• Worked from home
  1,460

Conclusion

Hopefully this article has given you the demographics data you were looking for in Green Oak, Michigan.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Green Oak.

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