Troy, MI
November 21, 2024
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Troy, MI




Troy is located in Oakland County, Michigan and has a population of 87,170. The poverty rate in Troy is 5.9% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Troy is 3.9% while the Oakland County unemployment rate is 4.8%.

 Population  
Male
 
51.6%
Female
 
48.4%

 Median Age (city/county) 
Troy
 
42.1
Oakland
 
41.1

 Median Household Income (city/county) 
Troy
 
$115,639
Oakland
 
$92,620

 Median Home Value (city/county) 
Troy
 
$376,220
Oakland
 
$303,465

 Median Rent (city/county) 
Troy
 
$1,461
Oakland
 
$1,243

 Poverty Rate (city/county) 
Troy
 
5.9%
Oakland
 
7.7%


Races and Ethnicity


White 64.6%
Black or African American 4%
Asian 26%
Native 0.2%
Pacific 0%
Other 1.2%
Hispanic 2.6%




ZIP Codes in Troy: 48098, 48083, 48085, 48084, 48007, 48099