Troy, MI

Census Place

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2024 Population
87,898
US Senator
Gary Peters
Democratic Party
US Senator
Elissa Slotkin
Democratic Party
2024 Median Age
42
0.474% 1-year decrease
2024 Poverty Rate
5.37%
1.46% 1-year increase
2024 Median Household Income
$120,045
0.625% 1-year growth
2024 Median Property Value
$420,300
5.92% 1-year growth
2024 Employed Population
45,485
0.415% 1-year growth

About

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% of the residents in Troy, MI are U.S. citizens.

The largest universities in Troy, MI are Walsh College (405 degrees awarded in 2023), Michigan College of Beauty-Troy (191 degrees), and Chamberlain University-Michigan (122 degrees).

In 2024, the median property value in Troy, MI was $420,300, and the homeownership rate was 73.3%.

Most people in Troy, MI drove alone to work, and the average commute time was 23.7 minutes. The average car ownership in Troy, MI was 2 cars per household.

About the photo: Top of Troy, in Troy Michigan
Photo by Daniel Tuttle
United StatesMichiganOakland County, MIDetroit-Warren-Dearborn, MIOakland County (East Central)--Troy & Rochester Area PUMA, MIOakland County (Central)--Birmingham & Bloomfield Area PUMA, MIOakland County (Southeast) PUMA, MIMacomb County (Southwest)--Sterling Heights City PUMA, MI

Population & Diversity

Troy, MI is home to a population of 87.9k people, from which 87% are citizens. As of 2024, 30.8% of Troy, MI residents were born outside of the country (27k people).

In 2024, there were 2.19 times more White (Non-Hispanic) residents (53.6k people) in Troy, MI than any other race or ethnicity. There were 24.4k Asian (Non-Hispanic) and 3.28k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

87%
2024 Citizenship
87.4%
2023 Citizenship

As of 2024, 87% of Troy, MI residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Troy, MI was 87.4%, meaning that the rate of citizenship has been decreasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Troy, MI
  1. White (Non-Hispanic)
    53.6k ± 1.52k
  2. Asian (Non-Hispanic)
    24.4k ± 1.25k
  3. Black or African American (Non-Hispanic)
    3.28k ± 664
2.65%
Hispanic Population
2.33k people

In 2024, there were 2.19 times more White (Non-Hispanic) residents (53.6k people) in Troy, MI than any other race or ethnicity. There were 24.4k Asian (Non-Hispanic) and 3.28k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

2.65% of the people in Troy, MI are hispanic (2.33k people).

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

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Michigan.
Most Common Origin
  1. Mexico
    80,580 ± 6,941 people
  2. India
    77,204 ± 6,795 people
  3. Iraq
    54,457 ± 5,714 people

In 2023, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 80,580 Michigan residents, followed by India with 77,204 and Iraq with 54,457.

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Foreign-Born Population

30.8%
2024 Foreign-Born Population
27k people
29.8%
2023 Foreign-Born Population
26k people

As of 2024, 30.8% of Troy, MI residents (27k 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 Troy, MI was 29.8%, meaning that the rate has been increasing.

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

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Military

Veterans

Most Common Service Period
  1. Vietnam
    913 ± 182
  2. Gulf War (2001-)
    533 ± 244
  3. Gulf War (1990s)
    269 ± 123

Troy, MI has a large population of military personnel who served in Vietnam, 1.71 times greater than any other conflict.

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

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Economy

The economy of Troy, MI employs 45.5k people. In 2024, the largest industries in Troy, MI were Manufacturing (9,470 people), Professional, Scientific, & Technical Services (6,649 people), and Health Care & Social Assistance (6,550 people), and the highest paying industries were Wholesale Trade ($122,500), Manufacturing ($120,271), and Management of Companies & Enterprises ($116,250).

Employment

Occupations

45.5k
2024 Value
± 1,654
0.415%
1 Year growth
± 5.16%

From 2023 to 2024, employment in Troy, MI grew at a rate of 0.415%, from 45.3k employees to 45.5k employees.

The most common job groups, by number of people living in Troy, MI, are Management Occupations (6,660 people), Architecture & Engineering Occupations (4,595 people), and Computer & Mathematical Occupations (4,510 people). This chart illustrates the share breakdown of the primary jobs held by residents of Troy, MI.

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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.

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Industries

Employment by Industries

45.5k
2024 Value
± 1,654
0.415%
1 Year growth
± 5.16%

From 2023 to 2024, employment in Troy, MI grew at a rate of 0.415%, from 45.3k employees to 45.5k employees.

The most common employment sectors for those who live in Troy, MI, are Manufacturing (9,470 people), Professional, Scientific, & Technical Services (6,649 people), and Health Care & Social Assistance (6,550 people). This chart shows the share breakdown of the primary industries for residents of Troy, MI, though some of these residents may live in Troy, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$89,487
Median earning men ± $4,905
$56,397
Median earning women ± $2,114

The industries with the best median earnings for men in 2024 are Wholesale Trade ($133,713), Manufacturing ($122,105), and Public Administration ($115,584).

The industries with the best median earnings for women in 2024 are Manufacturing ($108,558), Public Administration ($79,037), and Construction ($78,750).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Michigan.
Y-Axis
2.16%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.37M people employed in Michigan. This represents a 2.16% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 23.6%.

The following chart shows monthly employment numbers for each industry sector in Michigan.

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Civics

In the 2024 presidential election, the popular vote in Michigan went to Donald J. Trump with 49.7% of the vote. The runner-up was Kamala Harris (48.3%), followed by Jill Stein (0.788%).

Gary Peters and Elissa Slotkin are the senators currently representing the state of Michigan. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Michigan is currently represented by 13 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Troy, MI. Showing the available data for Michigan.
2024 Election Results
  1. Donald J. Trump (49.7%)
    Republican Party
  2. Kamala Harris (48.3%)
    Democratic Party
  3. Jill Stein (0.788%)
    Green Party

In the 2024 presidential election, the popular vote in Michigan went to Donald J. Trump with 49.7% of the vote. The runner-up was Kamala Harris (48.3%), followed by Jill Stein (0.788%).

The following chart shows the popular vote results in Michigan for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Michigan

Senatorial voting results are only available at the state level. Showing data for Michigan.
Gary Peters
Senator from Michigan2
Assumed office on January 3, 2015
Elissa Slotkin
Senator from Michigan1
Assumed office on January 3, 2025

Gary Peters and Elissa Slotkin are the senators currently representing Michigan.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Michigan over time, excluding special elections, colored by their political party.

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Education

In 2023, universities in Troy, MI awarded 837 degrees. The student population of Troy, MI in 2023 is skewed towards women, with 710 male students and 1,446 female students.

Most students graduating from Universities in Troy, MI are White (580 and 72.9%), Black or African American (122 and 15.3%), Asian (34 and 4.27%), and Hispanic or Latino (28 and 3.52%).

The largest universities in Troy, MI by number of degrees awarded are Walsh College (405 and 48.4%), Michigan College of Beauty-Troy (191 and 22.8%), and Chamberlain University-Michigan (122 and 14.6%).

The most popular majors in Troy, MI are Registered Nursing (122 and 14.6%), Aesthetician & Skin Care Specialist (117 and 14%), and General Business Administration & Management (106 and 12.7%).

The median tuition cost in Troy, MI for private four year colleges is $21,456.

Admissions & Enrollments

Applicants, Admissions & Enrolled

Measure

In 2023 in Troy, MI, the percentage of applicants admitted was 91.8%, while the percentage of admitted who enrolled was 93.3%. The number of students enrolled in 2023 was 2,156 (32.9% men and 67.1% women).

The line chart  shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

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Enrollments by Gender and Races

In 2023 there were 2,156 students enrolled in Troy, MI, 32.9% men and 67.1% women.

By race, the largest number of students enrolled was concentrated in White with 1,462 records, of which 64.5% were women and 35.5% men.

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Completions

Concentrations

Most Common
  1. Registered Nursing
    122 degrees awarded
  2. Information Technology
    39 degrees awarded
  3. Accounting
    38 degrees awarded

In 2023, the most common concentation for Bachelors Degree recipients in Troy, MI was Registered Nursing with 122 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Troy, MI according to their major.

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Universities

Gender
Race
Largest Universities by degrees awarded
  1. Walsh College
    405 degrees awarded
  2. Michigan College of Beauty-Troy
    191 degrees awarded
  3. Chamberlain University-Michigan
    122 degrees awarded

In 2023, the institution with the largest number of graduating students was Walsh College with 405 degrees awarded.

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Student Diversity

In 2023, 274 men were awarded degrees from institutions in Troy, MI, which is 0.487 times less than the 563 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 580 degrees mean that there were 4.75 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 122 degrees awarded.

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Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Tuition

Average Net Price by Sector

Private not-for-profit, 4-year or above ($21,456) is the sector with the highest median state tuition in 2023.

Private for-profit, 4-year or above ($840) is the sector with the highest median state fee in 2023.

Private for-profit, 4-year or above ($600) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

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Housing & Living

The median property value in Troy, MI was $420,300 in 2024, which is 1.26 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $396,800 to $420,300, a 5.92% increase. The homeownership rate in Troy, MI is 73.3%, which is higher than the national average of 65.2%.

People in Troy, MI have an average commute time of 23.7 minutes, and they drove alone to work. Car ownership in Troy, MI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$420,300
Median Property Value 2024
±$8,204
$24,446
Median Property Taxes
±$925

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 Troy, MI the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

73.3%
Homeownership
2024
66.8%
Homeowners with Mortgage
2024

In 2024, 73.3% of the housing units in Troy, MI were occupied by their owner. This percentage declined from the previous year's rate of 74.2%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$120,045
Median Household Income
± $5,601
33.4k
Number of Households
± 1,263

In 2024, the median household income of the 33.4k households in Troy, MI grew to $120,045 from the previous year's value of $119,299.

The following chart displays the households in 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.

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Wage Distribution

The closest comparable wage GINI for Troy, MI is from Michigan.
0.462
2023 Wage GINI in Michigan
0.466
2022 Wage GINI in Michigan

In 2023, the income inequality in Michigan was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.92% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.476. 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.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (69.3%)
  2. Worked At Home (22.5%)
  3. Carpooled (6.21%)

In 2024, 69.3% of workers in Troy, MI drove alone to work, followed by those who worked at home (22.5%) and those who carpooled to work (6.21%).

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.

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Commute Time

23.7 minutes
Average Travel Time

Using averages, employees in Troy, MI have a shorter commute time (23.7 minutes) than the normal US worker (26.4 minutes). Additionally, 0.96% of the workforce in Troy, MI have "super commutes" in excess of 90 minutes.

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

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Car Ownership

2 cars
Average Number

The following chart displays the households in Troy, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Troy, MI have 2 cars.

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Poverty

Poverty & Diversity

5.37% of the population for whom poverty status is determined in Troy, MI (4.71k out of 87.7k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 65 - 74, followed by Females 75+ and then Females 25 - 34.

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

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.

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Health

97.2% of the population of Troy, MI has health coverage, with 65.4% on employee plans, 6.69% on Medicaid, 11.9% on Medicare, 12.4% on non-group plans, and 0.827% on military or VA plans.

Primary care physicians in Michigan see 1,276 patients per year on average, which represents a 0% change from the previous year (1,276 patients). Compare this to dentists who see 1246 patients per year, and mental health providers who see 281 patients per year.

By gender, of the total number of insured persons, 51.5% were men and 48.5% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 21.9% under 18 years, 19.4% between 18 and 34 years, 40.9% between 35 and 64 years, and 17.9% over 64 years.

By gender, of the total number of insured persons, 51.5% were men and 48.5% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

2.77%
Uninsured
65.4%
Employer Coverage
6.69%
Medicaid
11.9%
Medicare
12.4%
Non-Group
0.827%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Troy, MI declined by 13.3% from 3.2% to 2.77%.

The following chart shows how the percent of uninsured individuals in Troy, MI changed over time compared with the percent of individuals enrolled in various types of health insurance.

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