Royal Oak, MD 21662 has a population of approximately 471 and experiences a population change rate of -22.15%. The population density is 59 / sq mi .
Royal Oak, MD 21662 has a population of approximately 471 and experiences a population change rate of -22.15%. The population density is 59 / sq mi .
The median household income for Royal Oak, MD 21662 is $155,982, with 275 households and an average household size of 2.33.
The median value of a home in Royal Oak, MD 21662 is $903,700 with an appreciation rate of 14.50%. 50.56% of housing in the state is owned while 10.69% is rented.
The cost of living in Royal Oak, MD 21662 is 186.3 %.
The unemployment rate in Royal Oak, MD 21662 is 1.70%, and recent job growth is at 1.72%. Future job growth is projected at 29.63%.
The sales tax rate in Royal Oak, MD 21662 is 6.00%, while the income tax rate is 4.75% .
School expenditures in Royal Oak, MD 21662 are $20,261, and the school ratio is 13.6:1.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 27.9 degrees. The average rainfall is approximately 46.2 inches per year, with 10.3 inches of snow per year.