Troy, MI
Quality of Life, Demographics, And Statistics

Demographics | Crime | Cost Of Living
Updated: 2023-10-17

Living In Troy, Michigan Summary

Life in Troy research summary. HomeSnacks has been researching the quality of life in Troy over the past eight years using Census data, FBI crime data, cost of living data, and other primary sources. Based on the most recently available data, we found the following about life in Troy:

  • The population in Troy is 86,912.

  • The median home value in Troy is $335,000.

  • The median income in Troy is $107,550.

  • The cost of living in Troy is 113 which is 1.1x higher than the national average.

  • The median rent in Troy is $1,347.

  • The unemployment rate in Troy is 3.9%.

  • The poverty rate in Troy is 5.3%.

Troy SnackAbility

9.5
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
8.5
Safety
8.5
Amenities
9
Education
9
Commute
7

Troy, MI Crime Report

1,406
Total Crimes
1,624.5
Total Crimes / 100k People
-30.10%
Below National Average
Statistic Count
Raw
Troy
/ 100k People
Michigan
/ 100k People
National
/ 100k People
Total Crimes Per 100K 1,406 1,624.5 1,838.9 2,324.2
Violent Crime 102 117.9 478.0 369.8
Murder 2 2.3 7.6 6.3
Robbery 20 23.1 44.5 66.1
Aggravated Assault 71 82.0 365.1 268.2
Property Crime 1,304 1,506.7 1,360.9 1,954.4
Burglary 67 77.4 233.1 269.8
Larceny 1,104 1,275.6 943.3 1,401.9
Car Theft 133 153.7 184.5 282.7

Troy, MI Cost Of Living

113
Troy's Overall Cost Of Living
1.1x
Higher Than The National Average
Living Expense Troy Michigan National Average
Overall 113 92 100
Services 110 96 100
Groceries 101 96 100
Health 98 94 100
Housing 129 80 100
Transportation 108 97 100
Utilities 95 100 100

Troy, MI Photos

Topoftroy
Source: Public Domain

Rankings for Troy in Michigan

Map Of Troy, MI

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2

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3

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4

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5

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6

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7

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8

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9

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10

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Population over time in Troy

Year Population % Change
2021 84,051 0.2%
2020 83,881 0.7%
2019 83,336 0.4%
2018 82,982 0.5%
2017 82,542 0.5%
2016 82,106 0.5%
2015 81,700 0.5%
2014 81,307 0.3%
2013 81,041 0.1%
2012 80,987 -

Race / Ethnicity in Troy

White
64.6% (56,121)
African American
3.6% (3,144)
American Indian
0.2% (173)
Asian
25.7% (22,355)
Hawaiian
0.0% (13)
Other
0.6% (518)
Two Or More
3.1% (2,667)
Hispanic
2.2% (1,921)
Race Troy MI USA
White 64.6% 74.0% 59.4%
African American 3.6% 13.4% 12.2%
American Indian 0.2% 0.4% 0.6%
Asian 25.7% 3.2% 5.6%
Hawaiian 0.0% 0.0% 0.2%
Other 0.6% 0.3% 0.4%
Two Or More 3.1% 3.3% 3.2%
Hispanic 2.2% 5.4% 18.4%

Gender in Troy

Female
48.5% (42,118)
Male
51.5% (44,794)
Gender Troy MI USA
Female 48.5% 50.5% 50.5%
Male 51.5% 49.5% 49.5%

Highest level of educational attainment in Troy for adults over 25

< 9th Grade
1.0% (869)
9-12th Grade
2.0% (1,738)
High School / GED
13.0% (11,298)
Some College
13.0% (11,298)
Associate's Degree
8.0% (6,952)
Bachelor's Degree
33.0% (28,680)
Master's Degree
22.0% (19,120)
Professional Degree
4.0% (3,476)
Doctorate Degree
4.0% (3,476)
Education Troy MI USA
< 9th Grade 1.0% 2.0% 5.0%
9-12th Grade 2.0% 6.0% 6.0%
High School / GED 13.0% 28.0% 26.0%
Some College 13.0% 23.0% 20.0%
Associate's Degree 8.0% 10.0% 9.0%
Bachelor's Degree 33.0% 19.0% 21.0%
Master's Degree 22.0% 9.0% 9.0%
Professional Degree 4.0% 2.0% 2.0%
Doctorate Degree 4.0% 1.0% 2.0%

Household Income For Troy, Michigan

Less than $10,000
4.2% (367,828)
$10,000 to $14,999
1.9% (162,948)
$15,000 to $24,999
3.7% (322,712)
$25,000 to $34,999
4.3% (372,074)
$35,000 to $49,999
6.1% (533,961)
$50,000 to $74,999
12.2% (1,061,022)
$75,000 to $99,999
13.6% (1,185,223)
$100,000 to $149,999
21.7% (1,883,460)
$150,000 to $199,999
12.8% (1,112,772)
$200,000 or more
19.4% (1,689,196)
Income Troy MI USA
Less than $10,000 4.2% 5.9% 5.5%
$10,000 to $14,999 1.9% 4.0% 3.9%
$15,000 to $24,999 3.7% 8.4% 7.8%
$25,000 to $34,999 4.3% 9.0% 8.2%
$35,000 to $49,999 6.1% 12.7% 11.4%
$50,000 to $74,999 12.2% 17.9% 16.8%
$75,000 to $99,999 13.6% 13.2% 12.8%
$100,000 to $149,999 21.7% 15.6% 16.3%
$150,000 to $199,999 12.8% 6.7% 7.8%
$200,000 or more 19.4% 6.6% 9.5%

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