Troy

County:: Oakland County
County Seat:: No
Area (mi²):: 33.447
State:: Michigan

Troy is a city located in Oakland County, Michigan. Troy has a 2025 population of 87,503. Troy is currently growing at a rate of 0.09% annually and its population has increased by 0.47% since the most recent census, which recorded a population of 87,093 in 2020.

The average household income in Troy is $145,977 with a poverty rate of 5.3%. The median age in Troy is 42.2 years: 40.3 years for males, and 44.3 years for females.

Demographics

The racial composition of Troy includes 63.32% White, 26.18% Asian, 4.1% Black or African American, and smaller percentages for other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Asian

Two or more races

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	55,282	63.32%
Asian	22,857	26.18%
Two or more races	4,305	4.93%
Black or African American	3,579	4.1%
Other race	1,040	1.19%
Native American	181	0.21%
Native Hawaiian or Pacific Islander	63	0.07%

Troy Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Troy's average per capita income is $76,441. Household income levels show a median of $119,299. The poverty rate stands at 5.3%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$160,938	-
Families	$150,720	$174,125
Households	$119,299	$145,977
Non Families	$58,710	$77,675

$76,441

Average Income

$119,299

Median Household Income

5.3%

Poverty Rate