Median Age
44 Years
Largest Age Group
55-64 Years
Approximately 15% of Residents
Under 20
22%
Over 65
20%
Avg Rent
$1,733
Population
37,942
Renter Mix
12% Rent
Located in Oakland County, Commerce Township (or Commerce Charter Township) is a suburban community outside of Detroit. Its terrain is comprised of gentle rolling hills, sweeping farmlands, and many lakes. So many lakes encompass this neighborhood that Detroiters would travel here on vacation to spend their summers lakeside. As development grew, more and more people moved to the township full-time. The 61 year-old teal Commerce Drive-In marquee is famous and a hot spot for pictures.
Residents enjoy numerous amenities like shopping and dining. The Shops at Commerce and Tim Hortons coffee is an excellent place to relax. In nearby Novi, Twelve Oaks Mall has nearly 200 distinct shops and restaurants to experience. Residents can travel to the mall with ease by way of Route 5 – or go beyond that for I-275, I-96, and I-696. Walled Lake Consolidated Schools and Huron Valley Schools service students in the area.
Median Household Income
$106,430
Average: $127,802
Education
14,473
Residents Have a Degree
Job Market
20,905
Workers Employed
Median Age
44 Years
Largest Age Group
55-64 Years
Approximately 15% of Residents
Under 20
22%
Over 65
20%
Housing Distribution
Commerce Township has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Commerce Township, MI is $1,485 for a studio, $1,727 for one bedroom, $2,332 for two bedrooms, and $2,665 for three bedrooms. Apartment rent in Commerce Township has decreased by -8.7% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Commerce Township, MI is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Moderately Bikeable
Bikeability
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.