Berkley, MI
Population 15,084 · Michigan
About Berkley, MI
Berkley is a mid-sized city located in Michigan with a population of 15,084 residents according to the latest US Census Bureau American Community Survey data. The median household income is $113,103 per year, which is 51% above the national median of $75,149. The median age of 37.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Berkley features a median home value of $289,200, which is 18% above the national median of $244,900. This positions Berkley in a moderately priced market relative to the rest of the country. Median monthly rent is $1,436, 23% above the national average of $1,163/month. Of the 7,068 total housing units, 86% are owner-occupied (5,874 units) and 14% are renter-occupied (978 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Berkley shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Berkley have an average one-way commute time of 22.3 minutes.
Education & Demographics
58.1% of Berkley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.2% White, 1.4% Hispanic or Latino, 0.4% Black or African American, and 0.8% Asian residents, with 2.7% of the population being foreign-born.
How Berkley Ranks in Michigan
Cost of Living in Berkley, MI
Compared to national averages, Berkley has a median household income of $113,103 (51% above the national median of $75,149). Home values average $289,200, which is 18% above the national median. Monthly rent at $1,436 is 23% above the US average of $1,163. Within Michigan, Berkley's income is 71% above the state average of $66,017, and home values are 58% above the state median of $183,391.
Why Live in Berkley, MI?
Berkley offers a strong local economy with a median household income of $113,103, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 58.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.7%, better than the national average, and short commute times averaging just 22.3 minutes.
Berkley has a population of 15,084 with a median age of 37.7 years. Compare Berkley with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Berkley
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Harper Woods | 15,205 | $61,446 | $143,600 | Compare |
| Hazel Park | 14,945 | $62,878 | $141,200 | Compare |
| Northview | 15,225 | $82,853 | $262,200 | Compare |
| Traverse City | 15,491 | $71,731 | $367,600 | Compare |
| Owosso | 14,658 | $53,702 | $121,500 | Compare |
| Fraser | 14,604 | $61,118 | $193,600 | Compare |
| Mount Clemens | 15,567 | $57,663 | $169,000 | Compare |
| Grandville | 16,135 | $78,551 | $251,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Berkley With Other Cities
Frequently Asked Questions about Berkley
What is the population of Berkley, MI?
The population of Berkley, MI is 15,084 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Michigan.
What is the median household income in Berkley?
The median household income in Berkley, MI is $113,103 per year, which is 51% above the national median of $75,149.
What is the median home value in Berkley?
The median home value in Berkley, MI is $289,200, which is 18% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Berkley?
The median monthly rent in Berkley, MI is $1,436, which is 23% above the national average of $1,163/month.
What is the unemployment rate in Berkley?
The unemployment rate in Berkley, MI is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Berkley, MI a good place to live?
Berkley offers above-average incomes, a competitive housing market, and a strong job market. With a population of 15,084 and a median age of 37.7, the city appeals to a broad range of residents.
How educated is Berkley, MI?
58.1% of residents in Berkley aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Berkley?
Key cost-of-living indicators for Berkley, MI: median home value is $289,200 (18% above national), median rent is $1,436/month, and median household income is $113,103. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Berkley?
The poverty rate in Berkley, MI is 4.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Berkley, MI?
Berkley's population is 1.2% White, 1.4% Hispanic or Latino, 0.4% Black or African American, 0.8% Asian, and 2.0% two or more races. 2.7% of residents are foreign-born.