Troy, Michigan

Moving to or Living in Troy Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Troy, Michigan
Moving to Troy In Michigan ? Find out the best and worst about to live, raise a family or retire in Troy, the Pros and Cons of Living in Troy.

Explore the life in Troy based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Troy
  2. Pros and Cons of Living In Troy
  3. Crime In Troy
  4. Cost of Living In Troy
  5. Gender In Troy
  6. Household Income For Troy
  7. Education In Troy
  8. Race & Ethnicity In Troy
About Troy, Michigan
Is Troy, Michigan a good place to live?
Troy is a city in Michigan state in USA with a population of 84051 residents.. The poverty rate of Troy is 4.9%, which is 65% lower than national average. The typical household in Troy earns $104132 a year, compared to the national median of $67,500. Nearly 20.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Troy, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Troy remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Troy, only 61% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Troy is 113, which is 13% higher than national average. Median home value in Troy is $318600 , which is 39% higher than national average. While median income in Troy remained $104132, which is 54% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
84051
Unemployment
3.6%
23% NAT AVG.
Poverty
4.9%
65% NAT AVG.
Overall Score
9.5
Median Home
$318600
39% NAT AVG.
Median Income
$104132
54% NAT AVG.
Median Rent
$1239
7% NAT AVG.
Cost Of Living
113
13% NAT AVG.
People Living BPL
1 in 20
Unemployed People
1 in 28
People Earning < $10,000
1 in 25
People Earning < $50,000
20.3%
People with <= High School
1 in 5.6
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs85%

Housing85%

Affordability80%

Safety85%

Amenities90%

Diversity85%

Education90%

Commute70%

Is Troy, Michigan safe place to live?
The overall crime rate in Troy, Michigan is 59% lower than national average. The violent crime rate of Troy is 74% lower than national average. While the property crime rate of Troy is 56% lower than national average. You have 1 in 977 chance of being victim of violent crime. You have 1 in 115 chance of being victim of property crime.
Crime Cases
818
Violent : 86
Property : 732
Total Crime
59% NAT. AVG.
47% STATE AVG.
968.7 (per 100k)
Violent Crime
74% NAT. AVG.
79% STATE AVG.
101.8 (per 100k)
Property Crime
56% NAT. AVG.
36% STATE AVG.
866.9 (per 100k)
Chance Of Being A Victim Of Crime In Troy
Violent crime
1 in 977
Property crime
1 in 115
Robbery
1 in 5603
Burglary
1 in 1827
Assault
1 in 1378
Car Theft
1 in 1648
Troy : Property Crime Ranking
Ranking Total
Crime		 Property
Crime		 Burglary Larceny Car
Thefts
In Michigan 70 68 76 64 73
In USA 2271 2228 2110 2103 1665
Troy : Violent Crime Ranking
Ranking Violent
Crime		 Murder Robbery Assault Rape
In Michigan 76 39 56 74 78
In USA 1877 321 954 1700 1615

Violent Crime


Crime Type Count Troy
Michigan
 Country
Per 100,000 People
Violent Crime 86 101.8 478.01 387.8
Murder 1 1.2 7.57 6.5
Robbery 15 17.8 44.53 73.9
Assault 61 72.2 365.06 279.7
Rape 9 10.6 60.85 27.7
Property Crime


Crime Type Count Troy
 Michigan
 Country
Per 100,000 People
Property Crime 732 866.9 1360.88 1,958.2
Burglary 46 54.5 233.09 314.2
Larceny 635 752 943.32 1,398
Car Theft 51 60.4 184.47 246
Violent Crime Comparison
Property Crime Comparison

Cost of Living
Expense Troy Michigan National Avg.
Services 110 95 100
Groceries 101 90 100
Health 98 96 100
Housing 129 76 100
Transportation 108 101 100
Utilities 95 103 100
Cost of Living
Gender
Gender Troy Michigan Country
Female 49% 50.8% 50.8%
Male 51% 49.2% 49.2%
Gender

Household Income


Income Troy Michigan Country
Less than $10,000 4% 6.4% 5.8%
$10,000 to $14,999 1.9% 4.1% 4.1%
$15,000 to $24,999 4.2% 9.2% 8.5%
$25,000 to $34,999 4.4% 9.6% 8.6%
$35,000 to $49,999 5.8% 13.3% 12.0%
$50,000 to $74,999 13.5% 18.2% 17.2%
$75,000 to $99,999 13.9% 12.9% 12.8%
$100,000 to $149,999 21.9% 14.6% 15.6%
$150,000 to $199,999 12.5% 5.9% 7.1%
$200,000 or more 17.8% 5.7% 8.3%
Education


Education Troy Michigan Country
< 9th Grade 3% 2% 5.0%
9-12th Grade 2% 6% 7.0%
High School or GED 13% 29% 27.0%
Other College 14% 23% 20.0%
Associate's Degree 7% 10% 9%
Bachelor's Degree 33% 18% 20.0%
Master's Degree 21% 9% 9.0%
Professional Degree 4% 2% 2.0%
Doctorate Degree 3% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Troy Michigan Country
White 65.8% 74.5% 60.1%
African American 3.3% 13.5% 12.2%
American Indian 0.1% 0.4% 0.6%
Asian 26% 3.2% 5.6%
Hawaiian 0% 0% 0.2%
Other 0.6% 0.3% 0.3%
Multiracial 1.9% 2.9% 2.8%
Hispanic 2.3% 5.2% 18.2%
Race / Ethnicity