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CITY · 2010 ACS

Troy

Michigan · 80,980 residents · 33.447 sq mi
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The short version

Troy is significantly wealthier than the US average, with a median household income of $87,269. Population has held roughly steady since 2000. 57% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value is $249,700. Poverty is rare here, at 4.6% of residents. Households here earn about 80% more than the Michigan median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 41.8
US median: 37.2
More educated
57% hold a bachelor's degree
US average: 28%
More affordable
home values down 9%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
80,980
Unchangedsince 2000
from 80,959 in 2000
1990 – 2025
Population density
2,421 / sq mi
Unchangedsince 2000
from 2,421 / sq mi in 2000
US average: 261
Median age
41.8
+10%since 2000
from 38.1 in 2000
US average: 37.2
Population, 1990 – 2024
71K76K80K85K89K1990201020202024Troy
202488K
1990201020202024
Section 02

Income & economy

Median household income
$87,269
−11%inflation adjusted, since 2000
from $77,538 in 2000
US average: $52,703
1990 – 2024
Per capita income
$41,209
+15%since 2000
from $35,936 in 2000
US average: $27,286
Households earning $100K+
57.9%
−0.7 ptssince 2009
from 58.6% in 2009
US average: 33.3%
Poverty rate
4.6%
+1.9 ptssince 2000
from 2.7% in 2000
US average: 13.8%
Income inequality (Gini)
0.421
US average: 0.461
Workforce by industry, 2010
Retail trade20.7%
US avg: 10.9%
Other services8.3%
US avg: 7%
Information7.9%
US avg: 11.5%
Public administration6.5%
US avg: 4.9%
Wholesale trade3.4%
US avg: 7.2%
Transportation & warehousing2.9%
US avg: 3.1%
Arts, entertainment, food2.6%
US avg: 2.4%
Finance & insurance1.6%
US avg: 5.1%
Professional, scientific, technical1.3%
US avg: 4.2%
Education & health services0.3%
US avg: 0.9%
Agriculture, forestry, fishing0.1%
US avg: 1.9%
Construction0.1%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$249,700
−9%inflation adjusted, since 2000
from $217,800 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$992
−3%inflation adjusted, since 2000
from $808 in 2000
US average: $853
Owner-occupied
55.1%
−22.1 ptssince 2000
from 77.3% in 2000
24.0% rent
Vacancy rate
6.9%
+0.5 ptssince 2009
from 6.5% in 2009
US average: 12.1%
Owner cost-burdened
25.2%
+1.1 ptssince 2009
from 24.1% in 2009
US average: 30.9%
Renter cost-burdened
28.9%
+0.4 ptssince 2009
from 28.5% in 2009
US average: 46.8%
Afford Score
2.9
+2%since 2000
from 2.8 in 2000
1990 – 2024
RELATED:See current rent listings in Troy on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic81.3%(65,809)
Black2.1%(1,678)
Hispanic / Latino1.5%(1,184)
Asian13.2%(10,713)
Other0%
Diversity Score36.7%(29,741)
2010
White, non-Hispanic72.7%(58,869)
Black4%(3,210)
Hispanic / Latino2.1%(1,710)
Asian19.1%(15,439)
Other2.5%(2,004)
Diversity Score54.5%(44,141)
Diversity Score
55
+48%since 2000
from 37 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
56.8%
+6.8 ptssince 2000
from 50.0% in 2000
US average: 27.9%
High school or higher
94.7%
+2.5 ptssince 2000
from 92.2% in 2000
US average: 84.9%
Graduate degree
26.6%
+4.8 ptssince 2000
from 21.8% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
24.0 min
+51%since 2000
from 15.9 min in 2000
US average: 25.2
Drive alone to work
87.3%
+0.3 ptssince 2009
from 87.0% in 2009
US average: 76.2%
Carpooled to work
6.2%
Unchangedsince 2009
from 6.2% in 2009
US average: 10.4%
Public transit
0.5%
−0.1 ptssince 2009
from 0.6% in 2009
US average: 4.7%
Worked from home
4.4%
Unchangedsince 2009
from 4.4% in 2009
US average: 4.1%
Walked to work
0.8%
−0.1 ptssince 2009
from 1.0% in 2009
US average: 2.8%
Biked to work
0.4%
Unchangedsince 2009
from 0.4% in 2009
US average: 0.5%
No vehicle available
4.3%
+0.5 ptssince 2009
from 3.8% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
10.9%
+0.3 ptssince 2009
from 10.5% in 2009
US average: 12.9%
Management & professional
59.0%
−17.8 ptssince 2009
from 76.7% in 2009
US average: 35.2%
Section 08

People & community

Male
49.8%
−0.1 ptssince 2009
from 49.9% in 2009
Female
50.2%
+0.1 ptssince 2009
from 50.1% in 2009
Foreign born
23.0%
+0.6 ptssince 2009
from 22.4% in 2009
US average: 12.8%
Veterans
7.1%
−42.4 ptssince 2009
from 49.5% in 2009
US average: 9.9%
Drill deeper

Places similar to Troy

Mansfield
Pop 84,444
Roswell
Pop 91,505
Arlington Heights
Pop 76,216
Alafaya
Pop 92,449
Places similar to Troy
Head to head

Compare Troy to nearby cities

TROY VS
Clawson
Income$88,636+2%
Home value$267,100+7%
Population11,312−87%
SEE FULL COMPARISON →
TROY VS
Birmingham
Income$153,510+76%
Home value$698,300+180%
Population21,923−75%
SEE FULL COMPARISON →
TROY VS
Royal Oak
Income$101,109+16%
Home value$328,700+32%
Population57,583−35%
SEE FULL COMPARISON →
TROY VS
Rochester Hills
Income$120,694+38%
Home value$409,800+64%
Population77,539−13%
SEE FULL COMPARISON →
Frequently asked

How many people live in Troy, Michigan?

Troy, Michigan has about 80,980 residents according to the 2010 American Community Survey.

What is the median household income in Troy, Michigan?

The typical household in Troy, Michigan earns about $87,269 a year. Half of households make more than that, and half make less.

Is Troy, Michigan expensive?

In Troy, Michigan, the median home is worth about $249,700, and the typical rent is about $992 a month.

How educated are people in Troy, Michigan?

About 56.8% of adults age 25 and over in Troy, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Troy, Michigan?

About 4.6% of people in Troy, Michigan live below the federal poverty line.

Has Troy, Michigan grown since 1990?

Yes, Troy, Michigan has grown since 1990. The population has added about 8,096 residents, a change of about 11 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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