Berkley is a city in Michigan state in USA with a population of 15352 residents.. The poverty rate of Berkley is 3.9%, which is 72% lower than national average. The typical household in Berkley earns $93038 a year, compared to the national median of $67,500. Nearly 19.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Berkley, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Berkley remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Berkley, only 54% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Berkley is 102, which is 2% higher than national average. Median home value in Berkley is $222100 , which is 3% lower than national average. While median income in Berkley remained $93038, which is 38% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.