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Troy, MI Real Estate

Troy, Michigan is located in Oakland County. Nearby cities and towns include Clawson, Birmingham, Bloomfield Hills, Royal Oak, Madison Heights, Rochester Hills, Sterling Heights, Berkley, Beverly Hills, Huntington Woods, Utica, Rochester, Lathrup Village, Pleasant Ridge, Auburn Hills, Bingham Farms, Oak Park, Ferndale, Warren, Hazel Park, Pontiac, Franklin, Center Line, Southfield, Sylvan Lake, Keego Harbor, Fraser, Lake Angelus, Orchard Lake Village, Roseville, Highland Park, Eastpointe, Farmington Hills, Mount Clemens, Hamtramck, Detroit, St. Clair Shores, Farmington, Harper Woods, Lake Orion, Grosse Pointe Woods, Village of Grosse Pointe Shores, Romeo, Livonia, Walled Lake, Grosse Pointe Farms, Oxford, Village of Clarkston, Wolverine Lake, Grosse Pointe, Grosse Pointe Park, Dearborn, Novi, Leonard, Dearborn Heights, Northville, Wixom, Garden City, New Haven, Melvindale, River Rouge, Inkster, Westland, Plymouth, New Baltimore, Armada, Allen Park, Ecorse, Milford, Lincoln Park, Ortonville, Almont, and Wayne. Troy is an urban community with a population of 81,060. The median household income is $89,697. In Troy, 61% of residents are married, and families with children reside in 35% of the households. Half the population of Troy commutes 22 minutes or less to work, with 63% of residents holding white collar jobs and 37% residents holding blue collar jobs. The median age of homes in Troy, MI is 25 years, with 69% of those homes owned, 25% rented, and 6% not occupied. In the previous year, 1158 Troy properties were sold. The median sale price of a home in Troy in the previous year was $204,819.

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About Schools in Troy, MI

Troy offers a range of educational opportunities with 15 elementary schools, 4 middle schools and 4 high schools.

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Troy, MI Local Market & Demographic Data

Married vs. single

Troy, MI
  • 39% Single
  • 61% Married
Michigan
  • 50% Single
  • 50% Married

Male VS. Female

Troy, MI
  • 51% Female
  • 49% Male
Michigan
  • 51% Female
  • 49% Male

Average Age of Citizens in Troy, MI

  • 40
  • 39
  • Troy, MI
  • Michigan

Average Age of Homes in Troy, MI

  • 25
  • 35
  • Troy, MI
  • Michigan

Vacant Homes in Troy, MI

  • 6%
  • 14%
  • Troy, MI
  • Michigan

Average INCOME of Citizens

  • $116,406
  • $64,764
  • Troy, MI
  • Michigan

Owned Homes vs. Rented Homes

Troy, MI
  • 69% Owned
  • 25% Rented
Michigan
  • 60% Owned
  • 26% Rented