Troy is a city located in Oakland County, Michigan. Troy has a 2026 population of 90,254. Troy is currently growing at a rate of 0.58% annually and its population has increased by 3.6% since the most recent census, which recorded a population of 87,119 in 2020.
The median household income in Troy is $120,045 with a poverty rate of 5.37%. The median age in Troy is 42 years: 40.7 years for males, and 43.7 years for females. For every 100 females there are 106.3 males.
Data after 2023 is projected based on recent change
Overall: 42 years
Female: 43.7 years
Male: 40.7 years
There are 69,766 adults, (15,775 of whom are seniors) in Troy.
Female: 42,613 (48.5%)
Male: 45,285 (51.5%)
The racial composition of Troy includes 61.53% White, 27.82% Asian, 3.79% Black or African American, and smaller percentages for other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 54,080 | 61.53% |
| Asian | 24,454 | 27.82% |
| Two or more races | 4,786 | 5.44% |
| Black or African American | 3,334 | 3.79% |
| Other race | 993 | 1.13% |
| Native American | 190 | 0.22% |
| Native Hawaiian or Pacific Islander | 61 | 0.07% |
Troy 's average per capita income is $78,078. Household income levels show a median of $120,045. The poverty rate stands at 5.37%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $166,158 | - |
| Families | $155,446 | $181,086 |
| Households | $120,045 | $150,892 |
| Non Families | $61,986 | $78,882 |
Average Income
Median Household Income
Poverty Rate