B
Income/capita 39%
Household income 61%
Unemployment 26%
IndexTroyMichiganNational
Income per capita$41,518$27,549$29,829
Median household income$88,954$50,803$55,322
Median income owner occupied$102,045$62,251$70,586
Median income renter occupied$59,018$28,598$35,192
Median earnings male$65,833$35,730$36,919
Median earnings female$36,513$22,948$26,250
Unemployment rate3.4%5.2%4.7%
Poverty level6.1%16.3%15.1%

Key findings

  • The income per capita in Troy is 39% higher than the national average
  • The median household income in Troy is 61% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Troy is 26% lower than the national average
  • The poverty level in Troy is 60% lower than the national average

Best Places for Employment in and Around Troy

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Compare Troy, MI Employment

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      am i middle class

      $Input your household income
      $59,296$88,954$177,908
      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.

      Troy median earnings by income bracket

      Troy employment by industry

      Labour TypeMaleFemale
      Construction industry4.3%0.5%
      Manufacturing sector27.9%0.3%
      Financial & insurance services6.7%6.1%
      Wholesale & retail services11.0%10.0%
      Public administration2.7%2.0%
      Transportation, warehousing & utilities2.5%1.0%
      Education, health & social services13.7%38.0%
      Other29.4%29.1%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Bloomfield Hills, MI3,984$169,265206%
      Village of Grosse Pointe Shores, MI2,933$151,440174%
      Franklin, MI3,262$150,250172%
      Orchard Lake Village, MI2,517$141,250155%
      Lake Angelus, MI260$127,083130%
      Troy, MI82,982$88,95461%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Johns Creek, GA82,930$107,17694%
      Santa Fe, NM82,927$51,5727%
      Bloomington, IN83,093$31,25444%
      Buena Park, CA82,771$70,34127%
      Hemet, CA82,748$35,60936%
      Troy, MI82,982$88,95461%
      Source: The Troy, MI employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).