In 2022, Troy, MI had a population of 87.2k people with a median age of 42.1 and a median household income of $115,639. Between 2021 and 2022 the population of Troy, MI grew from 86,912 to 87,170, a 0.297% increase and its median household income grew from $107,550 to $115,639, a 7.52% increase.
The 5 largest ethnic groups in Troy, MI are White (Non-Hispanic) (63.4%), Asian (Non-Hispanic) (25.9%), Black or African American (Non-Hispanic) (3.98%), Two+ (Non-Hispanic) (3.18%), and White (Hispanic) (1.13%).
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.
87.2% 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 2022, the median property value in Troy, MI was $375,600, and the homeownership rate was 75%.
Most people in Troy, MI drove alone to work, and the average commute time was 25.3 minutes. The average car ownership in Troy, MI was 2 cars per household.
