All Countries
Troy, MI
Full City Profile · Michigan · Oakland County County
3.9
/5.0
B+
Good
87,307
Population
2,610/sq mi density
$119,299
Median Income
$56,542 per capita
$396,800
Home Value
$447,005 Zillow
$1,557
Median Rent
25.9% income on rent
51°F
Avg Temperature
252 sunny days/yr
79
Violent Crime/100K
1,230 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$119,299 median income, 2.7% unemployment
A+
Affordability
4.8 / 5.0
$396,800 home value, $1,557/mo rent
F
Safety
1.0 / 5.0
79 violent crimes/100K
A+
Education
5.0 / 5.0
64.1% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
+5.9%
83,017 → 87,923
over 10 years
Annual Pop. Growth
+0.58%
Compound annual growth rate
Median Income Change
+39.2%
$85,685 → $119,299
nominal, not inflation-adjusted
Annual Income Growth
+3.36%
Compound annual growth rate
Population Over Time
Total population for Troy across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
91,555
+3,632 from 2023 (87,923)
Projected Median Income 2030
$150,350
+$31,051 from 2023 ($119,299)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 83,017 | — | $85,685 | — |
| 2015 | 83,514 | +0.6% | $85,027 | -0.8% |
| 2017 | 84,218 | +0.8% | $93,017 | +9.4% |
| 2019 | 84,103 | -0.1% | $101,882 | +9.5% |
| 2021 | 86,836 | +3.2% | $107,550 | +5.6% |
| 2023 | 87,923 | +1.3% | $119,299 | +10.9% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.