Troy, MI has a population of 82,982 people with a median age of 42 and a median household income of $88,954. Between 2015 and 2016 the population of Troy, MI grew from 82,542 to 82,982, a 0.53% increase and its median household income grew from $85,027 to $88,954, a 4.62% increase.
The population of Troy, MI is 68.3% White, 22.9% Asian, and 3.7% Black. 32.8% of the people in Troy, MI speak a non-English language, and 86.8% are U.S. citizens.
The largest universities in Troy, MI are Walsh College of Accountancy and Business Administration, with 907 graduates, Michigan College of Beauty-Troy, with 222 graduates, and ITT Technical Institute-Troy, with 181 graduates.
The median property value in Troy, MI is $247,200, and the homeownership rate is 72.9%. Most people in Troy, MI commute by Drove Alone, and the average commute time is 24.1 minutes. The average car ownership in Troy, MI is 2 cars per household.
Troy, MI is a census place located in Oakland County, MI. It borders Auburn Hills, MI; Birmingham, MI; Clawson, MI; Madison Heights, MI; Rochester Hills, MI; Royal Oak, MI; Sterling Heights, MI; Warren, MI& 3 more.