In 2023, Troy, MI had a population of 87.3k people with a median age of 42.2 and a median household income of $119,299. Between 2022 and 2023 the population of Troy, MI grew from 87,170 to 87,307, a 0.157% increase and its median household income grew from $115,639 to $119,299, a 3.17% increase.
The 5 largest ethnic groups in Troy, MI are White (Non-Hispanic) (62.6%), Asian (Non-Hispanic) (26.1%), Black or African American (Non-Hispanic) (4.07%), Two+ (Non-Hispanic) (3.67%), and Two+ (Hispanic) (1.26%).
None of the households in Troy, MI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
87.4% of the residents in Troy, MI are U.S. citizens.
The largest universities in Troy, MI are Walsh College (620 degrees awarded in 2022), Michigan College of Beauty-Troy (186 degrees), and Chamberlain University-Michigan (137 degrees).
In 2023, the median property value in Troy, MI was $396,800, and the homeownership rate was 74.2%.
Most people in Troy, MI drove alone to work, and the average commute time was 24.6 minutes. The average car ownership in Troy, MI was 2 cars per household.
