New Troy, MI

Census Place

2024 Population

413

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

32.6

3.83% 1-year decrease

2024 Poverty Rate

34.2%

17.8% 1-year increase

2024 Median Household Income

$56,776

5.77% 1-year decline

2024 Median Property Value

$167,600

Population & Diversity

New Troy, MI is home to a population of 413 people, from which 100% are citizens.

As of 2024, 0.726% of New Troy, MI residents were born outside of the country (3 people).

In 2024, there were 4.14 times more White (Non-Hispanic) residents (323 people) in New Troy, MI than any other race or ethnicity. There were 78 Other (Non-Hispanic) and 7 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

98.4%

2023 Citizenship

As of 2024, 100% of New Troy, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in New Troy, MI was 98.4%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in New Troy, MI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in New Troy, MI

White (Non-Hispanic)
323 ± 113
Other (Non-Hispanic)
78 ± 116
Two Races Including Other (Hispanic)
7 ± 13

1.69%

Hispanic Population

7 people

1.69% of the people in New Troy, MI are hispanic (7 people).

The following chart shows the 8 races represented in New Troy, MI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Foreign-Born Population

0.726%

2024 Foreign-Born Population

3 people

1.58%

2023 Foreign-Born Population

6 people

As of 2024, 0.726% of New Troy, MI residents (3 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in New Troy, MI was 1.58%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in New Troy, MI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
3 ± 17
Vietnam
2 ± 16

New Troy, MI has a large population of military personnel who served in Gulf War (2001-), 1.5 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in New Troy, MI.

Economy

The economy of New Troy, MI employs 231 people. In 2024, the largest industries in New Troy, MI were Manufacturing (83 people), Retail Trade (38 people), and Health Care & Social Assistance (24 people), and the highest paying industries were Retail Trade ($110,862), Manufacturing ($43,950), and Educational Services, & Health Care & Social Assistance ($41,172).

Employment

Occupations

231

2024 Value

± 104

3.59%

1 Year growth

± 59.5%

From 2023 to 2024, employment in New Troy, MI grew at a rate of 3.59%, from 223 employees to 231 employees.

The most common job groups, by number of people living in New Troy, MI, are Sales & Related Occupations (59 people), Production Occupations (53 people), and Food Preparation & Serving Related Occupations (32 people). This chart illustrates the share breakdown of the primary jobs held by residents of New Troy, MI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Michigan.

This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

231

2024 Value

± 104

3.59%

1 Year growth

± 59.5%

From 2023 to 2024, employment in New Troy, MI grew at a rate of 3.59%, from 223 employees to 231 employees.

The most common employment sectors for those who live in New Troy, MI, are Manufacturing (83 people), Retail Trade (38 people), and Health Care & Social Assistance (24 people). This chart shows the share breakdown of the primary industries for residents of New Troy, MI, though some of these residents may live in New Troy, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$48,241

Median earning men ± $22,209

$41,641

Median earning women ± $8,043

The industries with the best median earnings for men in 2024 are Manufacturing ($48,194), Other Services Except Public Administration ($36,875), and Construction ($17,143).

The industries with the best median earnings for women in 2024 are Manufacturing ($43,200), Educational Services, & Health Care & Social Assistance ($41,172), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($13,167).

Housing & Living

The median property value in New Troy, MI was $167,600 in 2024, which is 0.504 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $174,400 to $167,600, a 3.9% decrease. The homeownership rate in New Troy, MI is 77.7%, which is higher than the national average of 65.2%.

People in New Troy, MI have an average commute time of 15.1 minutes, and they drove alone to work. Car ownership in New Troy, MI is higher than the national average, with an average of 3 cars per household.

Housing

Property

$167,600

Median Property Value 2024

±$19,095

$122

Median Property Taxes

±$50

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In New Troy, MI the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in New Troy, MI compared to it's parent and neighbor geographies.

Rent vs Own

77.7%

Homeownership

2024

60%

Homeowners with Mortgage

2024

In 2024, 77.7% of the housing units in New Troy, MI were occupied by their owner. This percentage grew from the previous year's rate of 77.3%.

This chart shows the percentage of owner in New Troy, MI compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$56,776

Median Household Income

± $12,444

157

Number of Households

± 61

In 2024, the median household income of the 157 households in New Troy, MI declined from $56,776 from the previous year's value of $60,250.

The following chart displays the households in New Troy, MI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for New Troy, MI is from Michigan.

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

This chart shows the number of workers in Michigan across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (86.2%)
Worked At Home (5.8%)
Carpooled (5.36%)

In 2024, 86.2% of workers in New Troy, MI drove alone to work, followed by those who worked at home (5.8%) and those who carpooled to work (5.36%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

15.1 minutes

Average Travel Time

Using averages, employees in New Troy, MI have a shorter commute time (15.1 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in New Troy, MI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New Troy, MI compares to that of it's neighboring and parent geographies.

Car Ownership

3 cars

Average Number

The following chart displays the households in New Troy, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New Troy, MI have 3 cars.

Poverty

Poverty & Diversity

34.2% of the population for whom poverty status is determined in New Troy, MI (140 out of 409 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 6 - 11, followed by Females 25 - 34 and then Males 25 - 34.

The most common racial or ethnic group living below the poverty line in New Troy, MI is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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