 Metro Detroit's suburbs are among the most affluent in the nation. Oakland County is the fourth wealthiest county in the United States among counties with more than one million people. The county's automotive-oriented economic base, coined "Automation Alley", is one of the largest employment centers for engineering and related occupations in the United States. Oakland County has shared in the recent economic hardships brought on by troubles at General Motors, Ford, and Chrysler, although it has fared better than Detroit and Flint, as its economy is more diverse and less reliant on manufacturing jobs. All three automotive companies are major employers within southeast Michigan, and have significant investments within Oakland County.
Created by territorial Gov. Lewis Cass in 1819, sparsely settled Oakland was twice its current size at first, but shrank as Michigan's population grew and new counties were established. Woodward Avenue and the Detroit and Pontiac Railroad helped draw settlers in the 1840s. By 1840, Oakland had more than fifty mills. Pontiac, located on the Clinton River, was Oakland's first town and became the county seat. After the Civil War, Oakland was mainly an agricultural county with numerous isolated villages. By the end of the 19th Century, three rail lines served Pontiacand the city attracted carriage and wagon factories. Streetcars began moving people in the late 1890s.
Developers turned southern Oakland County into a suburb of Detroit in the 1890s, when a Cincinnati firm platted a section of Royal Oak called "Urbanrest." Migration worked both ways. Several thousand people moved from Oakland County farms to Detroit as the city attracted factories. By 1910, a number of rich Detroiters had summer homes and some year-round residences in what became Bloomfield Hills. The auto age enveloped Pontiac in the early 1900s. The Oakland Motor Car Co. was born in 1907 and became a part of General Motors Corp., which was soon Pontiac's dominate firm.
In the 1950s, jobs and people began leaving Detroit. Northland Center opened in 1954. Oakland County passed Wayne County in effective buying power by 1961, when it ranked 28th in the nation in household income. It ranked second-highest nationally in per capita income for counties of more than a million people, behind New York County (Manhattan). The median price of a home in Oakland County skyrocketed to $164,697, more than $30,000 above the national median.
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