Troy, MI: What you need to know

Looking to move to Troy , MI? We’ve got everything you want to know about the key factors that could make this the best place for you, including Troy , MI real estate. Let’s start with the basics: Troy , MI is located in Oakland County . It has a population of 82,542, and we have a cool graph below that shows the city’s ethnic diversity, as well as other important facts and figures.

What about cost of living in Troy , MI? The median income in Troy , MI is $85,027 and the median home value is $230,400, which should give you a pretty good idea of its affordability.


Troy, MI City Profile

Quick Facts

Population 82,542
Median Age 42
Median Household Income $85,027
Median Home Price $230,400

Troy, MI Demographics

Population By Gender

  Male 49.2%
  Female 50.8%

 
Total Employed Armed Forces: 58
In Troy , MI

 
4.7% CIVILIAN VETERANS
in Troy , MI

Median Population

Median Age 41.5%
Age 18 Over 77.4%
Age 21 Over 74.1%
Age 62 Over 18.8%
Age 65 Over 15.1%

Race

  Ethnicity White 69.7%
  Ethnicity Black 4.1%
  Ethnicity Asian 22.6%
  Ethnicity Hispanic 2.6%
  Ethnicity Indian 0.4%
  Ethnicity Other 0.6%

Economics

  Median Household Income $85,027
  Median Home Price $230,400
  Homes Owned 27.3%
  Homes Rent 72.7%
  Median Property Rent $1,031

Language

  English Only 67.4%
  English Other 32.6%

 
COMMUTE TIME: 25.3 MINUTES
in Troy , MI

Commute Types

  Walked 1%
  Worked at Home 3.5%
  Public Transportation 0.5%
  Other Means 0.6%
  Drove Alone 86.1%
  Carpooled 8.3%