Troy Population History 1990 - 2023

Troy Population Facts

What is the current population of Troy?

Based on the latest 2024 data from the US census, the current population of Troy is 87,339. Troy, Michigan is the 401st largest city in the US.

What county is Troy, Michigan in?

Troy is located entirely in Oakland County.

What is the size of Troy, Michigan in square miles?

Troy has an area of 33.5 square miles.

What was the peak population of Troy?

The current population of Troy (87,339) is it's peak population.

How quickly is Troy growing?

Troy has grown 7.8% since the 2000. Troy, Michigan's growth is below average. 68% of similarly sized cities are growing faster since 2000.

What is the population density of Troy, Michigan?

Troy has a population density of 2,419.3 people per square mile.

Troy Demographics

What is the voting age population of Troy, Michigan?

The total voting age population of Troy, Michigan, meaning US citizens 18 or older, is 55,898. The voting age population is 49.3% male and 50.7% female.

What percentage of Troy, Michigan residents are senior citizens?

According to the latest census statistics, 17.2% of the residents of Troy are 65 or older.

What are the racial demographics of Troy, Michigan?

The racial demographics of Troy are 67.5% White, 25.6% Asian, 3.6% Black, 2.4% Two or more races, 0.5% Other and 0.4% American Indian. Additionally, 2.4% of the population identifies as Hispanic.

What percentage of Troy, Michigan residents are below the poverty line?

In Troy, 5.1% of residents have an income below the poverty line, and the child poverty rate is 5.1%. On a per-household basis, 3.6% of families are below the poverty line in Troy.

What percentage of Troy, Michigan residents are in the labor force?

Among those aged 16 and older, 63.6% of Troy residents are in the labor force.

What are the education levels among Troy, Michigan residents?

Among the adult population 25 years old and over, 96.1% of Troy residents have at least a high school degree or equivalent, 60.8% have a bachelor's degree and 29.4% have a graduate or professional degree.

What percentage of Troy, Michigan residents speak a non-English language at home?

Among Troy residents aged 5 and older, 33.1% of them speak a non-English language at home. Broken down by language: 1.7% of residents speak Spanish at home, 12.3% speak an Indo-European language, and 14.7% speak an Asian language.

Troy Income & Labor Statistics

What is the unemployment rate in Troy, Michigan?

The unemployment rate in Troy is 3.5%, which is calculated among residents aged 16 or older who are in the labor force.

What percentage of Troy, Michigan residents work for the government?

In Troy, 8.9% of the residents in the non-military labor force are employed by the local, state and federal government.

What is the median income in Troy, Michigan?

The median household income in Troy is $101,882.

Troy Housing & Rent Statistics

What percentage of housing units are owner-occupied in Troy, Michigan?

In Troy, 73.8% of housing units are occupied by their owners.

What percentage of housing units are rented in Troy, Michigan?

Renters occupy 26.2% of housing units in Troy.

What percentage of Troy, Michigan housing units were built before 1940?

Of all the housing units in Troy, 2.1% of them were build before 1940.

What percentage of Troy, Michigan housing units were built after 2000?

In Troy, 9.6% of the total housing units were built after the year 2000, which is approximately 3,200 units.

What is the median monthly rent in Troy, Michigan?

The median gross monthly rent payment for renters in Troy is $1,215.

What percentage of households in Troy, Michigan have broadband internet?

In Troy, 93.2% of households have an active broadband internet connection.