In 2020, Troy, MI had a population of 84.1k people with a median age of 42.1 and a median household income of $104,132. Between 2019 and 2020 the population of Troy, MI grew from 83,989 to 84,051, a 0.0738% increase and its median household income grew from $101,882 to $104,132, a 2.21% increase.
The 5 largest ethnic groups in Troy, MI are White (Non-Hispanic) (65.8%), Asian (Non-Hispanic) (26%), Black or African American (Non-Hispanic) (3.28%), Two+ (Non-Hispanic) (1.9%), and White (Hispanic) (1.72%).
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.
86.5% of the residents in Troy, MI are U.S. citizens.
The largest universities in Troy, MI are Walsh College (674 degrees awarded in 2020), Michigan College of Beauty-Troy (203 degrees), and Carnegie Institute (89 degrees).
In 2020, the median property value in Troy, MI was $318,600, and the homeownership rate was 74.5%.
Most people in Troy, MI drove alone to work, and the average commute time was 25.8 minutes. The average car ownership in Troy, MI was 2 cars per household.
