Troy is a city located in Oakland County Michigan. Troy has a 2020 population of 88,556. Troy is currently growing at a rate of 0.72% annually and its population has increased by 1.45% since the most recent census, which recorded a population of 87,294 in 2010.
The average household income in Troy is $124,824 with a poverty rate of 4.91%. The median rental costs in recent years comes to $1,239 per month, and the median house value is $318,600. The median age in Troy is 42.2 years, 40.5 years for males, and 43.7 years for females.
According to the most recent ACS, the racial composition of Troywas:
Race | Population | Percentage |
---|---|---|
White | 56,729 | 67.49% |
Black or African American | 2,756 | 3.28% |
American Indian and Alaska Native | 99 | 0.12% |
Asian | 21,866 | 26.02% |
Native Hawaiian and Other Pacific Islander | 19 | 0.02% |
Some Other Race | 757 | 0.90% |
Two or More Races | 1,825 | 2.17% |
Type | Count | Average Size | Owned |
---|---|---|---|
All | 31,660 | 2.64 | 74.5 |
Married | 19,895 | 3.23 | 85.1 |
Male | 952 | 3.27 | 69.5 |
Female | 1,789 | 3.09 | 67.2 |
Non Family | 9,024 | 1.2 | 53.1 |
3.19
Average Family Size
2.64
Average Household Size
Education Attained | Count | Percentage |
---|---|---|
Less Than 9th Grade | 1,273 | 2.17% |
9th to 12th Grade | 1,151 | 1.96% |
High School Graduate | 7,359 | 12.56% |
Some College | 8,034 | 13.71% |
Associates Degree | 4,113 | 7.02% |
Bachelors Degree | 19,457 | 33.21% |
Graduate Degree | 17,208 | 29.37% |
Race | Total | High School | Bachelors |
---|---|---|---|
Islander | 19 | 19 | 19 |
Asian | 14,510 | 13,934 | 12,185 |
2+ Races | 712 | 666 | 510 |
Hispanic | 1,163 | 1,077 | 754 |
White | 39,967 | 38,613 | 22,299 |
Black | 1,886 | 1,810 | 939 |
Native American | 80 | 77 | 26 |
Other Race | 545 | 262 | 175 |
The highest rate of high school graduation is among islander people with a rate of 100.00%.
The highest rate of bachelors degrees is among islander people with a rate of 100.00%.
$68,623
Average Earnings
$85,539
Average Male
$49,313
Average Female
66.94% of Troy residents speak only English, while 33.06% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 14.53% of the population.
Name | Total | In Poverty | Poverty Rate |
---|---|---|---|
Hispanic | 1,962 | 151 | 7.70% |
Black | 2,740 | 209 | 7.63% |
Multiple | 1,825 | 106 | 5.81% |
Asian | 21,831 | 1,122 | 5.14% |
White | 55,133 | 2,244 | 4.07% |
Native | 99 | 1 | 1.01% |
Other | 289 | NaN% |
4.91%
Overall Poverty Rate
4.35%
Male Poverty Rate
5.49%
Female Poverty Rate
The race most likely to be in poverty in Troy is Hispanic, with 7.70% below the poverty level.
The race least likely to be in poverty in Troy is Other, with NaN% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0.81%. Among those working part-time, it was 4.95%, and for those that did not work, the poverty rate was 10.74%.
59.8%
Overall Marriage Rate
60.2%
Male Marriage Rate
59.4%
Female Marriage Rate
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.
Name | Veterans | % of Total |
---|---|---|
White | 2,624 | 5.71% |
Black | 126 | 5.87% |
Asian | 101 | 0.61% |
2+ Races | 12 | 1.31% |
Hispanic | 53 | 3.55% |
3.39%
Veteran Poverty Rate
24.45%
Veteran Disability Rate
64.3%
Labor Force Participation
61.9%
Employment Rate
3.6%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
57.91%
Born in Troy
71.12%
Native Born
28.88%
Foreign Born
13.52%
Non Citizen
15.36%
Naturalized
71.12% of Troy residents were born in the United States, with 57.91% having been born in Michigan. 13.52% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Annual Growth Rate |
---|---|---|---|
1960 | 19,382 | 0.00% | |
1970 | 39,419 | 20,037 | 7.36% |
1980 | 67,102 | 27,683 | 5.46% |
1990 | 72,884 | 5,782 | 0.83% |
2000 | 80,959 | 8,075 | 1.06% |
2010 | 80,980 | 21 | 0.00% |
2011 | 81,611 | 631 | 0.78% |
2012 | 82,242 | 631 | 0.77% |
2013 | 82,873 | 631 | 0.77% |
2014 | 83,504 | 631 | 0.76% |
2015 | 84,135 | 631 | 0.76% |
2016 | 84,766 | 631 | 0.75% |
2017 | 85,397 | 631 | 0.74% |
2018 | 86,028 | 631 | 0.74% |
2019 | 86,659 | 631 | 0.73% |
2020 | 87,294 | 635 | 0.73% |
2021 | 87,925 | 631 | 0.72% |
2022 | 88,556 | 631 | 0.72% |