Troy is a city located in Oakland County Michigan. Troy has a 2024 population of 87,326. Troy is currently growing at a rate of 0.07% annually and its population has increased by 0.29% since the most recent census, which recorded a population of 87,076 in 2020.
The average household income in Troy is $142,474 with a poverty rate of 5.94%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Troy is 42.1 years, 40.1 years for males, and 44.2 years for females.
According to the most recent ACS, the racial composition of Troy was:
White
Asian
Two or more races
Black or African American
Other race
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 33,000 | 2.63 | 75 | 25 |
| Married | 20,190 | 3.23 | 86.1 | 13.9 |
| Non Family | 9,559 | 1.2 | 54.5 | 45.5 |
| Female | 2,191 | 3.04 | 66.8 | 33.2 |
| Male | 1,060 | 3.3 | 66.4 | 33.6 |
3.18
Average Family Size
2.63
Average Household Size
75.0%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among islander people with a rate of 100%.
The highest rate of bachelors degrees is among islander people with a rate of 100%.
All
Male
Female
$76,433
Average Earnings
$93,511
Average Male
$57,393
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
66.96% of Troy residents speak only English, while 33.04% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 13.89% of the population.
rate
5.94%
Overall Poverty Rate
5.17%
Male Poverty Rate
6.75%
Female Poverty Rate
The race most likely to be in poverty in Troy is Other, with 24.76% below the poverty level.
The race least likely to be in poverty in Troy is Asian, with 4.73% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.03%. Among those working part-time, it was 6.26%, and for those that did not work, the poverty rate was 13.11%.
Married
Widowed
Divorced
Separated
NeverMarried
57.9%
Overall Marriage Rate
58.8%
Male Marriage Rate
56.9%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
5.77%
Veteran Poverty Rate
29.53%
Veteran Disability Rate
LaborForceParticipation
64.5%
Labor Force Participation
61.9%
Employment Rate
3.9%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
57.32%
Born in Troy
70.74%
Native Born
29.26%
Foreign Born
12.81%
Non Citizen
16.45%
Naturalized
70.74% of Troy residents were born in the United States, with 57.32% having been born in Michigan. 12.81% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 87,638 | 62 | 0.07% |
| 2028 | 87,576 | 63 | 0.07% |
| 2027 | 87,513 | 62 | 0.07% |
| 2026 | 87,451 | 63 | 0.07% |
| 2025 | 87,388 | 62 | 0.07% |
| 2024 | 87,326 | 63 | 0.07% |
| 2023 | 87,263 | 62 | 0.07% |
| 2022 | 87,201 | -391 | -0.45% |
| 2021 | 87,592 | 516 | 0.59% |
| 2020 | 87,076 | 2,973 | 3.53% |
| 2019 | 84,103 | -62 | -0.07% |
| 2018 | 84,165 | -53 | -0.06% |
| 2017 | 84,218 | 91 | 0.11% |
| 2016 | 84,127 | 613 | 0.73% |
| 2015 | 83,514 | 102 | 0.12% |
| 2014 | 83,412 | 395 | 0.48% |
| 2013 | 83,017 | 740 | 0.9% |
| 2012 | 82,277 | 625 | 0.77% |
| 2011 | 81,652 | 633 | 0.78% |
| 2010 | 81,019 | 60 | 0.07% |
| 2000 | 80,959 | 8,075 | 11.08% |
| 1990 | 72,884 | 5,782 | 8.62% |
| 1980 | 67,102 | 27,683 | 70.23% |
| 1970 | 39,419 | 20,037 | 103.38% |
| 1960 | 19,382 | 0 | 0% |