Troy, MI Employment - Median Household Income, Unemployment Rate

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65%

Income/capita NAT. AVG.

88%

Household income NAT. AVG.

50%

Unemployment NAT. AVG.

Index	Troy	Michigan	National
Income per capita	$49,211	$27,549	$29,829
Median household income	$104,132	$50,803	$55,322
Median income owner occupied	$121,405	$62,251	$70,586
Median income renter occupied	$73,002	$28,598	$35,192
Median earnings male	$75,865	$35,730	$36,919
Median earnings female	$40,978	$22,948	$26,250
Unemployment rate	2.3%	5.2%	4.7%
Poverty level	4.9%	16.3%	15.1%

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Key findings

The income per capita in Troy is 65% higher than the national average
The median household income in Troy is 88% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Troy is 50% lower than the national average
The poverty level in Troy is 68% lower than the national average

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am i middle class

$69,414 $104,132 $208,264

City

$33,865 $50,803 $101,606

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Troy median earnings by income bracket

Troy employment by industry

Labour Type	Male	Female
Construction industry	6.4%	6.4%
Manufacturing sector	29.8%	29.8%
Financial & insurance services	6.2%	6.2%
Wholesale & retail services	10.9%	10.9%
Public administration	2.0%	2.0%
Transportation, warehousing & utilities	3.5%	3.5%
Education, health & social services	10.5%	10.5%
Other	28.5%	28.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Orchard Lake Village, MI	2,489	$208,750	277.3%
Lake Angelus, MI	322	$179,444	224.4%
Bloomfield Hills, MI	3,995	$177,614	221.1%
Village of Grosse Pointe Shores, MI	2,791	$172,250	211.4%
Bingham Farms, MI	1,539	$169,091	205.6%
Troy, MI	84,051	$104,132	88.2%

Cities with similar population

City	Population	Household Income	National Avg.
Merced, CA	84,081	$49,973	9.7%
Mission, TX	83,796	$49,358	10.8%
Santa Fe, NM	84,418	$57,274	3.5%
Alhambra, CA	84,509	$66,593	20.4%
Redwood City, CA	84,518	$123,294	122.9%
Troy, MI	84,051	$104,132	88.2%

Source: The Troy, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).