In 2021, Troy, MI had a population of 86.9k people with a median age of 42.1 and a median household income of $107,550. Between 2020 and 2021 the population of Troy, MI grew from 84,051 to 86,912, a 3.4% increase and its median household income grew from $104,132 to $107,550, a 3.28% increase.
The 5 largest ethnic groups in Troy, MI are White (Non-Hispanic) (64.6%), Asian (Non-Hispanic) (25.7%), Black or African American (Non-Hispanic) (3.62%), Two+ (Non-Hispanic) (3.07%), and White (Hispanic) (1.29%).
None of the households in Troy, MI reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
86.7% of the residents in Troy, MI are U.S. citizens.
In 2021, the median property value in Troy, MI was $335,000, and the homeownership rate was 75.1%.
Most people in Troy, MI drove alone to work, and the average commute time was 25.5 minutes. The average car ownership in Troy, MI was 2 cars per household.