Troy, MI
Why You’ll Love Living In Troy, Michigan
Troy, Michigan, a suburb of Detroit situated approximately 25 miles northwest of the metro, offers highly-ranked schools, safe neighborhoods and a thriving economy with automotive technology and manufacturing at the heart of it. Troy was also voted the safest city in the state and has one of the lowest tax rates in Oakland County. So, if you’re looking to start a family, look no further. Thanks to highly rated schools, including a stand-out fine arts program, a college and branches of several universities, Troy is easily one of the best places in Michigan for families.
Thinking of moving to Troy, MI? Keep scrolling to find all the details about living in Troy, including quick facts such as the population, median home value and property taxes. Plus, learn more about the cost of living and quality of life in Troy, from the economy and job opportunities, to weather, outdoor activities and things to do, including local restaurants and points of interest.
What Makes Troy, MI, a Best Place to Live in 2024
It’s not hard to understand why Troy, MI, is one of the best places to live in the U.S. After all, this vibrant suburb of Detroit has a lot going for it. For starters, it’s a hotbed of major companies such as J.D. Power & Associations, ThyssenKrupp and Kelly Services, to name just a few, which help bolster the local economy. Not to mention it’s at the center of “Automation Alley,” with global automotive technology and manufacturing as core sectors.
Combine that with a highly educated workforce (due to some academically advanced schools — both K-12 and branches of several universities) and excellent city services, and you can see why Troy is such a desirable place to live.
Troy was also voted the safest city in Michigan and the 19th-safest city in the nation, which is one of the reasons families find it so attractive. The quality of life here is excellent, too, with an abundance of outdoor recreational activities, including 1,000 acres of parks, lakes and streams, golf courses, a skate park, disc golf and more.
The city of more than 85,000 boasts distinctive restaurants, arts amenities and a dose of history. And If you like to shop, look no further than the Somerset Collection, a 1.4-million-square-foot shopping and dining mecca that will satisfy your every need. Community engagement is front and center here, so getting involved and finding your niche is easy, no matter what interests you.
Troy, MI Quality of Life LivScore
Troy, MI Top Categories
Health
Housing & Cost of Living
Amenities
Troy ranks highest for health, housing and amenities.
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 34 inches a year.
The average annual rainfall in Troy is roughly 32 inches, with June being the wettest month.
Troy averages 178 sunny days a year.
Troy’s 1,000 acres of parks allow for just about every outdoor activity, including soccer, swimming, hiking, golfing, baseball, boating, tennis, basketball, skateboarding, fishing, picnicking and more.
Things To Do in Troy, MI
Stage Nature Center gets you back to nature in style. It offers two miles of trails, rock climbing, a garden with only native Michigan plants, picnic areas and other amenities — all for free!
Where to begin? This Michigan city is very family-friendly, as evidenced by the abundance of kid-friendly activities. The Troy Family Aquatic Center stands out as a summer favorite, as well as the nature trails and interactive exhibits at the Stage Nature Center. Adrenaline junkies would like Troy Sports Center with its ice skating and hockey, while the Troy Museum and Historic Village is fun for children of all ages.
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 is held on Fridays from 11 a.m. to 3 p.m. (times may change) and features local, fresh-from-the-farm produce, flowers, herbs, homemade treats, food trucks and fun.
Ocean Prime is an upscale restaurant with a sophisticated vibe and an extensive menu of prime steaks, fresh seafood, and creative cocktails. It’s definitely a local highlight for date nights and celebrations of all shapes and sizes.
Ridgedale Players is one of the oldest community theaters in the state and a beloved destination for locals interested in supporting local performers — or indulging in a night out on the town.
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 2024, 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 are Walsh College and the Chamberlain University College of Nursing.
Weather in Troy, MI
Average Temperatures
58 high / 39 low
Average Annual Rainfall
32 in
Average Annual Snowfall
34 in
Quick Facts about Troy, Michigan
- Median Home Value
- $343,627
- Median Property Tax
- $4,049
- Total Population
- 85,685
- Average Commute
- 22 min
- Median Household Income
- $119,509
- Median Monthly Rent
- $1,135
Map of Troy, MI
Troy, MI: Where to Live Now
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