Troy, Michigan Population

Troy, Michigan has a population of 88,000, with a median household income of $68,200.

Current population data for Troy.

88,000

👥

Population

88,000

💰

Median Income

$68,200

📉

Unemployment

5.10%

🏠

Housing Price

$266,000

🚨

Crime Rate

4.70

🌐

Internet Speed

318.00 Mbps

Troy is a smaller urban community located in Michigan. The city has a population that is above the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Troy, located in Michigan, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Troy has a population of 88,000, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

The median household income in Troy is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Troy average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Troy is 5.10%, which is lower than the state average, indicating a relatively strong job market. Troy has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Michigan, Troy shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Troy offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.

Frequently Asked Questions about Troy

What is the population of Troy?

The population of Troy is approximately 88,000.

Is Troy a good place to live?

Troy offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Troy?

The median household income in Troy is around $68,200.

How expensive is housing in Troy?

The average housing price in Troy is approximately $266,000.