HomeMichiganOakland CountyBerkley city
Berkley city, Michigan: commercial real estate data.
Berkley city is a Census city of 15,149 people across 2.61 square miles of land, in Oakland County. Median household income is $116,239, 87.9 percent of occupied homes are owned, and the SBA record carries 32 7(a) approvals to borrowers here worth $9.4 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Berkley
What Berkley is
- Census place typecity
- Land area2.61 sq mi
- Water area0 sq mi
- Population per square mile of land5,793
- County holding the largest share of its areaOakland County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berkley
How many people live in Berkley
- Population15,149
- Median age37.8
- Population under 183,085
- Share under 1820.4 percent
- Population 65 and over2,120
- Share 65 and over14.0 percent
- Households6,840
- Family households3,785
- Share of households that are families55.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berkley
Income and work in Berkley
- Median household income$116,239
- Per capita income$61,723
- Civilian labor force9,325
- Employed9,123
- Unemployed202 plus or minus 74
- Unemployment rate2.2 percent plus or minus 0.8
- Adults 25 and over11,429
- Adults 25 and over with a high school diploma or higher98.6 percent
- Adults 25 and over with a bachelor degree or higher58.8 percent
- Adults 25 and over with a graduate degree23.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berkley
Housing in Berkley
- Housing units7,117
- Occupied units6,840
- Vacant units277 plus or minus 118
- Vacancy rate3.9 percent plus or minus 1.7
- Owner occupied6,015
- Renter occupied825
- Ownership rate87.9 percent
- Median owner-occupied home value$316,700
- Median gross rent, monthly$1,526 plus or minus $440
- Annual rent as a share of median income15.8 percent plus or minus 4.8
- Single family units6,679
- Share single family93.8 percent
- Units in buildings of two or more438 plus or minus 150
- Share in buildings of two or more6.2 percent plus or minus 2.1
- Mobile homes0
- Median year structure built1949
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berkley
How Berkley gets to work
- Workers 16 and over who commute7,012
- Commuting under 15 minutes1,871
- Share commuting under 15 minutes26.7 percent
- Commuting 30 minutes or more2,222
- Share commuting 30 minutes or more31.7 percent
- Drove alone70.2 percent
- Carpooled4.0 percent plus or minus 1.6
- Public transport0.1 percent plus or minus 0.1
- Walked0.9 percent plus or minus 0.6
- Worked from home22.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berkley
SBA loans in Berkley (7(a))
- Approvals32
- Gross approval$9,362,600
- Average approval$292,581
- Median approval$150,000
- Ninetieth percentile approval$814,800
- Largest approval$1,353,400
- Jobs supported393
- Jobs per approval12.3
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.6 percent
- Share to franchises12.5 percent
- Distinct lenders13
- Distinct industries by NAICS21
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Berkley
SBA loans in Berkley (504)
- Approvals5
- Gross approval$1,597,000
- Average approval$319,400
- Median approval$223,000
- Largest approval$604,000
- Jobs supported31
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Berkley
Flood risk in Berkley
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260292
- Currently effective map date(NSFHA)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Oakland County, not Berkley
Oakland County context, not Berkley figures
These are Oakland County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Berkley measurements.
- Establishments in Oakland County39,792
- Employment at those establishments, Oakland County733,671
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Average weekly wage, Oakland County$1,498
- Housing units permitted, Oakland County2,886
- Of those, single family, Oakland County1,870
- County product, 2024, Oakland County$143,144,361,000
- County product change over the prior year, Oakland County3.7 percent
- Average income of an arriving household, Oakland County$85,214
Every figure in this section is published for Oakland County as a whole and is not a measurement of Berkley. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Berkley questions, answered from the record.
How many people live in Berkley, Michigan?
15,149, in 6,840 households. Berkley city covers 2.61 square miles of land, which is 5,793 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Berkley in?
Oakland County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Berkley?
$116,239. The median owner-occupied home is valued at $316,700. Median gross rent is $1,526 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Berkley businesses?
32 7(a) approvals totalling $9.4 m, across 13 lenders, median approval $150,000, plus 5 504 approvals worth $1.6 m. These count approvals to borrowers whose address is in Berkley, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Berkley borrowers get paid back?
No rate is published for Berkley. only 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Berkley in the National Flood Insurance Program?
Yes. Berkley appears in the FEMA Community Status Book as community 260292, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Berkley figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oakland County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Berkley.
Is zoning published for Berkley?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.