Troy, MIBest Places To Live in the U.S. in 2023
Just north of Detroit, Troy is a suburb full of modern conveniences, including highly-ranked schools, safe neighborhoods and a thriving economy. From upscale shopping to diverse dining to outdoor activities, Troy provides residents with an abundance of amenities.
Troy, MI, Is One of the Best Cities To Live in America
Troy, MI, is a vibrant suburb of Detroit, located approximately 24 miles to the northwest. The dozens of major companies based there (such as J.D. Power & Associates and ThyssenKrupp) help boost the city’s economy and keep the unemployment and tax rates down. Troy is also known for its excellent city services, good quality of life, affordability and a plethora of outdoor resources — all of which justify Troy being ranked among the best places to live in the U.S.
Troy was named after its namesake city in New York and, indirectly, after the original ancient city of Troy. It’s a great place to start a family, thanks to the highly rated schools, including a stand-out fine arts program, along with a college and branches of several universities. Not to mention that Troy was voted the safest city in Michigan and the 19th-safest city in the whole country.
The city is a dreamland for the outdoorsy types, with lakes, streams, two golf courses, a nature center, a skate park, disc golf courses, tennis and basketball courts, soccer and baseball fields, play and picnic areas, and a thousand acres of parks. But those who feel more at home indoors won’t feel left out, either. The retail heaven that is Troy includes a 1.4-million-square-foot shopping and dining empire known as the Somerset Collection.
Troy, MI Quality of Life LivScore
Troy, MI Top Categories
Health
Safety
Economy
Troy ranks highest for health, safety and economy.
Weather and Outdoor Activities in Troy, MI
You’ll enjoy all four seasons in Troy, with hot but not too hot summers and chilly but not frigid winters. The average highs and lows are 83°F and 64°F (summer) and 36°F and 24°F (winter).
The average annual snowfall in Troy is around 37 inches a year. Troy typically has the most snowfall from December to February.
The average annual rainfall in Troy is roughly 36 inches, with June being the wettest month.
Troy averages 175 sunny days a year.
The 1,000 acres of parks in Troy allow for just about every outdoor activity, including soccer, swimming, hiking, golfing, baseball, boating, tennis, basketball, skateboarding, fishing, picnicking and more.
Troy Weather
175 days
Average Annual Sun
36 inches
Average Annual Rain
37 inches
Average Annual Snow
Things To Do in Troy, MI
Stage Nature Center gets you back to nature in style. They’ve got 2 miles of trails, rock climbing, a garden with only native Michigan plants, picnic areas and other amenities – all for free!
Not every city has a living and interactive historical village like Troy does! History fanatics rejoice — the Troy Historic Village showcases the city’s history from its beginnings, complete with original artifacts and structures.
The Troy Farmers Market takes place Fridays from 11 a.m. to 3 p.m. (times may change) and features local and fresh-from-the-farm produce, flowers, herbs, homemade treats, food trucks and fun.
Happy hour at the Yard House is Monday to Friday from 3 to 6 p.m., with late-night happy hour every Wednesday to Sunday from 10 p.m. to close. Get drink specials plus half-off apps and pizzas.
The Local and State Economy in Troy, MI
Troy is known for its technology, research and development, engineering, advanced manufacturing, financial services, and health care industries. Magna International, Aptiv and Altair Engineering are all major employers.
In 2023, the sales tax rate in Troy is 6%.
Yes, Michigan has a state income tax.
There are several health care providers in Troy, including Beaumont Hospital, one of the city’s largest and most highly-rated hospital systems.
The colleges and universities in Troy, MI, are Walsh College and the Chamberlain University College of Nursing.
Quick Facts About Troy, MI
- Median Household Income
- $104,807
- Median Home Value
- $352,806
- Average State Property Tax
- $2,551
- Total Population
- 87,252
- Median Rent/Mo.
- $1,112
- Average Commute
- 22.05 minutes
Dozens of major companies, a high quality of life, affordability and a plethora of outdoor resources make Troy one of the best places to live in the U.S. Learn more about Troy, MI, and also check out these family-friendly cities in Michigan. Broaden your search with the 25 best places to live in the Midwest.
