Troy, MI

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Troy, MI: Quick Facts & Overview

  • Population: 87,898 residents (1,015 people per sq. mi.)
  • Average House Price: $421,419
  • Average Household Income: $120,045

Troy, MI is located in the state of Michigan. It is home to about 87,898 people, with around 1,015 residents living in every square mile.

If you want to buy a house in Troy, the average price is around $421,419. That makes local housing 90% higher than the Michigan average of $221,733, and 37% higher than the national average of $308,592.

The average household in Troy earns about $120,045 a year. This income is 64% higher than the average family in Michigan ($73,374), and 53% higher than the national average ($78,686).

Population 87,898
Median Household Income $120,045
Median Home Value $421,419
Median Age 42.0 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$57,350
Labor Force Participation65.9%
Unemployment Rate4.4%
Average Commute Time23.7 mins

Housing & Community Metrics

Home Ownership Rate73.3%
Median Rent$1,602
Rent Burdened (>30% Income)26.3%
Total Housing Units33,372

Additional Census & Housing Profile

Geographic Overview

CountyOakland
County FIPS26125
Metro Area (CBSA)Detroit-Warren-Dearborn, MI
Combined Area (CSA)Detroit-Warren-Ann Arbor, MI
Population Density1,014.7/sq mi
Coordinates (lat/lng)42.5817, -83.1457
TimezoneAmerica/Detroit
National Ranking3
IncorporatedYes

Household Structure

Average Family Size3.21
Dual Income Families59.5%

Marital Status

Married57.8%
Never Married30.4%
Divorced6.8%
Widowed5.1%

Gender

Male51.5%
Female48.5%

Health & Poverty

Uninsured Rate (Health)2.8%
Poverty Rate5.4%

Key Population Groups

Veterans3.7%
Disabled Population9.4%
Limited English Proficiency5.0%

All ZIP Codes in Troy

ZIP Code Population Median Household Income Median Home Value
48085 27,231 $146,390 $424,775
48083 23,771 $90,794 $316,536
48098 20,936 $164,759 $514,384
48084 15,960 $107,098 $444,630
48007 - - -
48099 - - -

Nearby Cities

City Distance Population
Clawson, MI 3.1 miles 11,374
Birmingham, MI 4.4 miles 21,763
Royal Oak, MI 5.1 miles 57,950
Bloomfield Hills, MI 5.1 miles 4,415
Madison Heights, MI 5.6 miles 28,419
Rochester Hills, MI 5.7 miles 77,089
Sterling Heights, MI 5.9 miles 133,573
Berkley, MI 6.1 miles 15,149
Beverly Hills, MI 6.4 miles 10,524
Huntington Woods, MI 7 miles 6,328
Utica, MI 7.1 miles 5,180
Rochester, MI 7.4 miles 12,934
Lathrup Village, MI 7.5 miles 4,059
Pleasant Ridge, MI 7.6 miles 2,602
Auburn Hills, MI 8.1 miles 25,105
Bingham Farms, MI 8.1 miles 1,680
Oak Park, MI 8.3 miles 29,318
Ferndale, MI 8.5 miles 19,190
Warren, MI 8.6 miles 137,928
Pontiac, MI 8.6 miles 62,104
Hazel Park, MI 8.6 miles 14,963
Franklin, MI 9.1 miles 2,554
Center Line, MI 9.2 miles 8,463
Southfield, MI 9.3 miles 76,236
Sylvan Lake, MI 9.8 miles 1,705
Keego Harbor, MI 10.3 miles 2,747
Fraser, MI 10.4 miles 14,583
Orchard Lake Village, MI 11.7 miles 2,238
Roseville, MI 11.8 miles 47,123
Lake Angelus, MI 11.8 miles 238
Highland Park, MI 12.4 miles 8,628
Eastpointe, MI 12.9 miles 33,982
Farmington Hills, MI 13.5 miles 83,515
Mount Clemens, MI 13.5 miles 15,511
Hamtramck, MI 13.7 miles 27,743
Detroit, MI 13.9 miles 3,773,720
St. Clair Shores, MI 14.1 miles 58,140
Farmington, MI 14.5 miles 11,504
Harper Woods, MI 14.8 miles 15,116
Lake Orion, MI 14.8 miles 2,863
Grosse Pointe Woods, MI 16.1 miles 16,094
Village of Grosse Pointe Shores, MI 16.9 miles 2,795
Romeo, MI 17 miles 3,578
Livonia, MI 17.2 miles 93,851
Walled Lake, MI 17.2 miles 7,299
Grosse Pointe Farms, MI 17.4 miles 9,904
Wolverine Lake, MI 17.5 miles 4,487
Oxford, MI 17.5 miles 3,474
Village of Clarkston, MI 17.5 miles 874
Grosse Pointe, MI 17.7 miles 5,541
Grosse Pointe Park, MI 17.8 miles 11,319
Dearborn, MI 18.9 miles 107,423
Novi, MI 18.9 miles 66,717
Dearborn Heights, MI 19.5 miles 61,771
Leonard, MI 19.6 miles 346
Wixom, MI 20.2 miles 17,295
Northville, MI 20.2 miles 6,069
Garden City, MI 20.4 miles 26,739
New Haven, MI 20.6 miles 6,475
Melvindale, MI 20.9 miles 12,554
River Rouge, MI 21.3 miles 7,008
Westland, MI 21.7 miles 83,633
Inkster, MI 21.7 miles 25,428
Plymouth, MI 21.9 miles 9,214
New Baltimore, MI 22 miles 12,072
Armada, MI 22.4 miles 1,994
Allen Park, MI 22.5 miles 27,925
Ecorse, MI 23 miles 9,064
Milford, MI 23.2 miles 6,487
Lincoln Park, MI 23.5 miles 39,257
Ortonville, MI 23.9 miles 1,341
Almont, MI 24 miles 2,838
Wayne, MI 24.4 miles 17,310
Dryden, MI 25.2 miles 1,182
Taylor, MI 25.4 miles 62,081
Richmond, MI 25.4 miles 5,855
Wyandotte, MI 25.6 miles 24,489
Metamora, MI 26 miles 693
Southgate, MI 26.2 miles 29,366
South Lyon, MI 27.1 miles 146,383
Romulus, MI 27.2 miles 24,831
Riverview, MI 28.4 miles 12,186
Holly, MI 28.5 miles 5,964
Pearl Beach, MI 28.8 miles 4,506
Memphis, MI 28.9 miles 1,064
Goodrich, MI 29.5 miles 2,022
Imlay City, MI 30.3 miles 3,721
Trenton, MI 30.7 miles 18,125
Hartland, MI 30.9 miles 912
Attica, MI 31.1 miles 627
Algonac, MI 31.2 miles 4,139
Woodhaven, MI 31.4 miles 12,690
Belleville, MI 31.4 miles 3,910
Capac, MI 31.4 miles 1,970
Fenton, MI 32.6 miles 11,906
Brighton, MI 32.7 miles 7,688
Whitmore Lake, MI 32.8 miles 7,878
Lapeer, MI 33.3 miles 9,082
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Gibraltar, MI 33.7 miles 4,873