Skip Navigation LinksHome > Local Guides > Community Guides > Michigan > Troy
Find Homes for Sale
Search by City and State, Zip or MLS#
Show Search Options
Search
Price Min. ($)
 
Price Max. ($)
 
Beds
Baths
Property Type
Search For

Troy, MI Area and Community Summary Information


Community Summary

Troy Michigan
Community Characteristics
Population 81,816 10,186,759
Population Density 2,439 175
Educational Climate Index 5
Median Age 39.9 36.2
Median Dwelling Age 25 35
In Current Residence 5+ years 49 % 40 %
Median Home Sale Price $220,000
Average household Income $100,369 $60,956
Median Value of Home Equity $274,579 $188,110
Median Mortgage Debt $631,376 $381,900
Total Household Expenditure 136 96
Total Crime Risk 56 95
Weather Risk 62 59
Air Pollution Index 96 90
Median Travel Time to Work 21.75 20.11
     

Population Characteristics

Troy Michigan
Population 81,816 10,186,759
Population Density 2,439 175
     
Male Population 40,734 5,012,901
Female Population 41,082 5,173,858
     
Population Change Since 1990 12 % 10 %
Population Change Since 2000 1 % 2 %
     

Age

Troy Michigan
Median Age 39.9 36.2
     
Population: Age 0-4 4,625 647,932
Population: Age 5-9 5,273 661,443
Population: Age 10-14 6,091 713,813
Population: Age 15-19 6,088 742,957
Population: Age 20-24 4,384 717,249
Population: Age 25-29 3,539 664,001
Population: Age 30-34 4,048 645,190
Population: Age 35-39 5,630 683,372
Population: Age 40-44 6,859 747,888
Population: Age 45-49 7,648 782,516
Population: Age 50-54 7,303 738,751
Population: Age 55-59 6,464 638,722
Population: Age 60-64 4,839 501,863
Population: Age 65-69 3,069 371,481
Population: Age 70-74 1,985 284,457
Population: Age 75-79 1,593 244,477
Population: Age 80-84 1,272 200,056
Population: Age 85+ 1,106 200,591
     

Race Distribution

Troy Michigan
Race: White 62,880 8,140,567
Race: American Indian, Eskimo, Aleut 129 59,637
Race: Asian or Pacific Islander 13,611 256,134
Race: Other 272 122,720
Race: Hawaiian / Pacific Islander 25 4,015
Race: Black 3,562 1,414,461
     

Hispanic Distribution

Troy Michigan
Population: Hispanic 1,485 408,514
Population: Not Hispanic 80,331 9,778,245
     

Education

Troy Michigan
Education: Less than 9th Grade 984 212,719
Education: Some High School 2,020 577,599
Education: High School Graduate 9,205 2,101,231
Education: Some College 9,232 1,527,549
Education: Associate Degree 4,236 560,983
Education: Bachelors Degree 15,746 1,049,725
Education: Graduate Degree 13,932 673,559
     

Marital Status

Troy Michigan
Never Married 15,744 2,242,710
Now Married 40,913 4,253,466
Separated 1,256 301,239
Widowed 3,074 530,781
Divorced 4,742 833,296
     

Households

Troy Michigan
Households 30,600 3,926,978
Average Household Size
     
Households: Family 21,918 2,600,668
Households: Non-Family 8,682 1,326,310
     
Households: With Children 11,848 1,314,038
Households: No Children 18,752 2,612,940
     

Housing Characteristics

Troy Michigan
Median Dwelling Age 25 35
Median Home Sale Price $220,000
Average household Income $100,369 $60,956
Median Value of Home Equity $274,579 $188,110
Median Mortgage Debt $631,376 $381,900
     

Home Ownership

Troy Michigan
Vacant Dwellings 2252 644906
Owner-Occupied Dwellings 24190 2945298
Renter-Occupied Dwellings 6410 981680
     

Turnover

Troy Michigan
In Current Residence 5+ years 49 % 40 %
Annual Residential Turnover 8 % 10 %
     
Median Years in Residence 4.85 3.9
     

Income Characteristics

Troy Michigan
Median household income $95,810 $54,253
Average household Income $100,369 $60,956
Per capita income $37,696 $24,193
Median Disposable Income $74,237 $45,601
     

Income Growth

Troy Michigan
Change in Avg. Household Income Since 1990 73 % 75 %
Change in Avg. Household Income Since 2000 23 % 21 %
     

Household Income

Troy Michigan
Household Income: $0-$10,000 874 279,679
Household Income: $10,000-$15,000 491 160,863
Household Income: $15,000-$20,000 587 188,965
Household Income: $20,000-$25,000 671 207,188
Household Income: $25,000-$30,000 804 212,750
Household Income: $30,000-$35,000 731 194,533
Household Income: $35,000-$40,000 674 183,048
Household Income: $40,000-$45,000 863 196,504
Household Income: $45,000-$50,000 886 176,103
Household Income: $50,000-$60,000 1,986 359,104
Household Income: $60,000-$75,000 2,736 426,422
Household Income: $75,000-$100,000 4,746 534,857
Household Income: $100,000-$125,000 3,907 321,286
Household Income: $125,000-$150,000 2,983 183,793
Household Income: $150,000-$200,000 3,793 154,355
Household Income: $200,000-$250,000 1,547 49,233
Household Income: $250,000-$500,000 1,760 54,872
Household Income: $500,000+ 561 43,423
     

Median Income

Troy Michigan
Median Income: Age < 25 $54,725 $33,465
Median Income: Age 25-34 $79,473 $50,981
Median Income: Age 35-44 $101,139 $60,792
Median Income: Age 45-54 $117,829 $69,073
Median Income: Age 55-64 $108,633 $60,196
Median Income: Age 65-74 $73,829 $43,238
Median Income: Age 75+ $43,313 $33,694
     

Cost of Living Index

Troy Michigan
Total Household Expenditure 136 96
Contributions 160 95
Personal Insurance 154 95
Apparel 137 95
Education 160 95
Entertainment 138 96
Food And Beverages 129 96
Health Care 124 96
Household Furnishings And Equipment 143 96
Shelter 138 96
Household Operations 152 96
Miscellaneous Expenses 128 96
Personal Care 133 96
Reading 136 96
Tobacco 108 95
Transportation 131 96
Utilities 124 95
Gifts 153 95
     
Sales Tax Rate 6 %
     

Financial Characteristics

Troy Michigan
Median Household Net Worth $288,127 $154,924
Average Household Net Worth $887,278 $512,214
Median Value of Home Equity $274,579 $188,110
Median Mortgage Debt $631,376 $381,900
     

Net Worth

Troy Michigan
Net Worth: $0 or Less 2,643 430,242
Net Worth: $1-$5,000 2,903 491,603
Net Worth: $5,000-$10,000 1,709 264,532
Net Worth: $10,000-$25,000 3,396 474,091
Net Worth: $25,000-$50,000 4,028 523,135
Net Worth: $50,000-$100,000 5,245 653,096
Net Worth: $100,000-$250,000 6,759 778,142
Net Worth: $250,000-$500,000 2,932 310,610
Net Worth: Greater Than $500,000 1,827 170,663
     

Investments and Debt

Troy Michigan
Median Value of Transaction Accounts $44,700 $27,775
Median Value of Certificates of Deposit $9,939 $7,259
Median Value of Savings Bonds $1,559 $1,138
Median Value of Bonds (Not US Savings) $24,729 $11,985
Median Value of Stocks $75,360 $38,805
Median Value of Mutual Funds $58,288 $31,903
Median Value of Retirement Accounts $121,480 $71,067
Median Value of Cash Value Life Ins $10,356 $6,307
Median Value of Other Managed Accounts $28,461 $16,955
Median Value of Other Financial Assets $8,509 $4,636
Median Value of Any Financial Assets $383,380 $217,829
Median Value of Vehicles Owned $24,617 $18,585
Median Value of Investment Property Equity $71,087 $39,762
Median Value of Business Equity $49,641 $27,455
Median Value of Other Non-Financial Assets $201,456 $102,338
Median Value of Any Non-Financial Assets $9,995 $5,649
Median Installment Loan Debt $95,188 $66,080
Median Lines of Credit Debt $14,814 $7,908
Median Credit Card Debt $1,260 $670
Median Investment Real Estate Debt $10,883 $8,976
Median Other Debt $27,088 $15,922
Median Total Debts $334,414 $184,410
     

Occupation

Troy Michigan
     
Occupations: White Collar 84,413 3,863,210
Occupations: Blue Collar 19,891 1,132,729
     
Business Counts: Professional Specialty Occupations 14,805 825,293
Business Counts: Sales Professionals 3,767 112,163
Business Counts: Technologies and Technicians 4,002 183,981
Business Counts: Sales Workers and Clerks 11,828 441,319
Business Counts: Administrative Support 22,740 913,354
Business Counts: Technical, Sales and Administrative: Field Occupations 130 11,569
Business Counts: Private Household 12 302
Business Counts: Protective Services 1,137 74,557
Business Counts: Other Services: Site Based 11,162 725,720
Business Counts: Other Services: Field Based 327 29,053
Business Counts: Farming, Forestry, and Fishing 1,816 107,174
Business Counts: Precision, Craft, and Repair: Site Based 8,246 462,698
Business Counts: Construction, Repair and Mining: Field Based 1,985 132,496
Business Counts: Machine Operators, Assemblers and Inspectors 2,838 147,131
Business Counts: Transportation Materials Moving Workers 2,544 148,286
Business Counts: Handlers, Helpers and Laborers 2,462 134,944
     
Employees: Agricultural, Forestry, Fishing 698 54,070
Employees: Mining 37 4,104
Employees: Construction 2,345 197,456
Employees: Manufacturing 14,864 701,246
Employees: Transportation and Communications 1,721 159,665
Employees: Wholesale Trade 6,433 248,604
Employees: Retail Trade 24,363 1,029,120
Employees: Finance, Insurance and Real Estate 15,359 293,774
Employees: Services 37,413 2,053,937
Employees: Public Administration 1,102 253,994
     

Transportation & Commute

Troy Michigan
Median Travel Time to Work 21.75 20.11
Transportation to Work: Public 0 % 1 %
Transportation to Work: Drive / Carpool 96 % 93 %
Transportation to Work: Walk / Bike / Other 1 % 3 %
Transportation to Work: Work at Home 3 % 3 %
     

Crime Risk

Troy Michigan
Total Crime Risk 56 95
     
Personal Crime Risk 31 110
Murder Risk 25 111
Rape Risk 37 171
Robbery Risk 16 83
Assault Risk 61 116
     
Property Crime Risk 85 94
Burglary Risk 70 93
Larceny Risk 112 87
Motor Vehicle Theft Risk 95 128
     

Temperature & Rain

Troy Michigan
Average January High Temperature 29.8 27.5
Average January Low Temperature 15.9 11.47
Average July High Temperature 82.3 80.65
Average July Low Temperature 61.4 57.31
     
Annual Precipitation 30.03 32.56
     

Weather Risk Index

Troy Michigan
Weather Risk 62 59
Earthquake Risk 23 22
Hail Index 122 84
Hurricane Index 16 14
Tornado Index 100 104
Wind Index 162 120
     

Environmental Quality Index

Troy Michigan
Air Pollution Index 96 90
Ozone Index 102 98
Carbon Monoxide Index 83 84
Lead Index 51 50
NO2 Index 175 139
Particulate Matter Index 70 81
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
48098
$136,696
2
48085
$109,571
3
48084
$83,247
4
48083
$74,544
Median Value of Home Equity
Zip
1
48098
$355,708
2
48085
$302,518
3
48084
$238,431
4
48083
$212,578
Fastest Growing (change since 2000)
Zip
1
48083
2 %
2
48084
1 %
3
48085
1 %
4
48098
0 %
Longest Commute
Zip
1
48085
22.66
2
48098
21.83
3
48083
21.25
4
48084
20.63
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

valueClickPixel adPixel