Troy

Troy, Michigan Overview

Troy ranks #1 of 20 cities in Michigan, earning a A+ grade with a composite score of 64.0/100. The city stands out in Safety (91/100) and Fiscal Health (77/100), placing it among the state’s strongest performers across the metrics we track.

Income & Employment in Troy

Troy’s median household income of $106,965 is 56% above the Michigan median of $68,505, and its 3% unemployment rate undercuts the state’s 4.9%. That economic strength is drawing residents — the population grew 1.5% recently.

Safety in Troy

Troy’s violent crime rate of 89.4 per 100,000 is well below both the Michigan rate of 430 and national norms, making safety one of the city’s defining features. The property crime rate is 1412.9 per 100,000.

Cost of Living in Troy

Troy has a cost of living index of 98 (where 100 equals the national average), slightly below the national benchmark. The median home value is $396,800. Median monthly rent is $1,557. Renters spend 17.5% of income on rent, well within the 30% affordability guideline.

Health & Wellness in Troy

Troy’s adult obesity rate of 26.5% is below the national average, contributing to stronger health outcomes. The diabetes prevalence rate is 9.6%. Residents average 12.8 poor mental health days per month. Michigan ranks #31 nationally for overall health.

Education & Schools in Troy

Troy has a high school graduation rate of 90.3%. The student-teacher ratio is 17.6:1. Per-pupil spending is $14,970. The city has 23 public schools serving 14,692 students. School data is sourced from the NCES Common Core of Data and EDFacts.

Climate & Commute in Troy

The annual average temperature in Troy is 51°F. Summers average 69.6°F. Winters average 34°F. Annual precipitation is 38.1 inches. 18% of workers in Troy work from home, well above the national average.

Frequently Asked Questions