This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Troy is a medium-sized city located in the state of Michigan. The city has a population of 84,051 residents. If we look at the most recent Census, Troy is known to have a predominantly White population. The next two most common races are Asian and Black. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Troy, your commute time will align closely with the national average, spanning a one-way duration of approximately 26 minutes.
Living in Troy can be a good experience for anyone moving to the city. Having said that, in the state of Michigan, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Troy and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Michigan and national averages.
Using data and statistics Troy has received a livability score of 77 out of 100. This score is ranked in the 92nd percentile when compared to all other cities. Based on this score, Troy would be considered a very livable city! Another exciting tidbit, is that Troy ranks better than 90% of all US cities! There are nine total categories that form the livability score. Troy ranks well for crime (A+), education (A+) and housing (A+) There is at least one category that you should be aware of in Troy. The following was graded with a less than perfect score: amenities (F).
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Troy shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 118 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Troy has an unemployment rate of 2.34% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Parents and families tend to prioritize school test scores when choosing educational institutions. Test score data can be a critical factor in evaluating and comparing schools. In Troy, the average school test scores are an impressive 70%, well above the national average. This achievement reflects the educational system's dedication to providing students with the essential knowledge and tools for success. It ensures that your children will receive the support and resources needed to excel academically and thrive in their educational pursuits.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Troy has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Troy is actually affordable. The median home price for Troy homes is $318,600, which is 149.3% higher than the Michigan average. If we take a closer look at the affordability of homes in Troy, we’ll see that the home price to income ratio is 3.1, which is 24% higher than the Michigan average.
|Average one way commute
|Workers who drive to work
|Workers who carpool
|Workers who take public transit
|Workers who bicycle
|Workers who walk
|Working from home