USA.com / Michigan / Oakland County / Troy, MI / Income and Careers

Troy, MI Income and Careers

Basic InfoPopulation/RacesIncome/CareersHousingEducationCrime/Crime RateOthers

Hot Rankings

Fastest / Slowest Growing Cities Nearby

Best / Worst Cities by Crime Rate Nearby

Richest / Poorest Cities by Income Nearby

Expensive / Cheapest Homes Nearby

Most / Least Educated Cities Nearby

Fastest / Slowest Growing Cities in MI

High / Low MI Cities by Males Employed

High / Low MI Cities by Females Employed

Best / Worst Cities by Crime Rate in MI

Richest / Poorest Cities by Income in MI

Expensive / Cheapest Homes by City in MI

Most / Least Educated Cities in MI

As of 2010-2014, the per capita income of Troy is $39,781, which is much higher than the state average of $26,143 and is higher than the national average of $28,555. Troy median household income is $84,325, which has grown by 8.75% since 2000. The median household income growth rate is lower than the state average rate of 9.90% and is much lower than the national average rate of 27.36%. On average Troy residents spend 25.4 minutes per day commuting to work, which is higher than the state average of 23.9 minutes and is about the same as the national average of 25.7 minutes.

Topics:Per Capita Income Median Workers Income Household Income Family Income Median Income by Age Employment Status Commuting to Work Careers Poverty Level

Per Capita Income, #41

Troy, MI	39,781 USD
Michigan	26,143 USD
U.S.	28,555 USD

*Based on 2010-2014 data. View historical per capita income data.

Median Individual Worker Income, see rank

Troy, MI	47,243 USD
Michigan	27,763 USD
U.S.	30,815 USD

*Based on 2010-2014 data. View historical median individual worker income data.

Male Median Individual Worker Income, see rank

Troy, MI	62,426 USD
Michigan	34,444 USD
U.S.	36,116 USD

*Based on 2010-2014 data. View historical male median individual worker income data.

Female Median Individual Worker Income, see rank

Troy, MI	35,877 USD
Michigan	22,340 USD
U.S.	25,692 USD

*Based on 2010-2014 data. View historical female median individual worker income data.

Household Income

Median Household Income, #24

Troy, MI	84,325 USD
Michigan	49,087 USD
U.S.	53,482 USD

Mean Household Income, see rank

Troy, MI	105,236 USD
Michigan	65,790 USD
U.S.	74,596 USD

Median Household Income Growth Since 2000, #294

Troy, MI	8.75%
Michigan	9.90%
U.S.	27.36%

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

Household Income Other than Earnings

	Troy, MI		Michigan		U.S.
	%⁺	Average Amount	%⁺	Average Amount	%⁺	Average Amount
Interest, Dividends, or Net Rental Income	33.48%	$10,684, see rank	21.26%	$11,860	21.11%	$16,919
Social Security Income	27.83%	$20,909, see rank	33.02%	$18,606	29.33%	$17,636
Public Assistance Income	2.10%	$3,930, see rank	3.69%	$3,227	2.82%	$3,720
Retirement Income	20.41%	$27,790, see rank	22.77%	$21,940	17.85%	$24,095

⁺ The percentage of the total households that have the income.

*Based on 2010-2014 data. View historical household income data.

Family Income

Median Family Income, see rank

Troy, MI	99,011 USD
Michigan	61,684 USD
U.S.	65,443 USD

Mean Family Income, see rank

Troy, MI	121,466 USD
Michigan	78,408 USD
U.S.	86,963 USD

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2010-2014 data. View historical family income data.

Median Household Income by Races

	Troy, MI	Michigan	U.S.
White	$78,919, see rank	$52,395	$56,900
Black	$55,455, see rank	$29,628	$35,600
Hispanic	$81,125, see rank	$38,757	$42,396
Asian	$104,197, see rank	$73,809	$73,244
American Indian, Alaska Native	$94,844, see rank	$37,217	$37,170
One Race, Other	$107,188, see rank	$38,363	$40,300
Two or More Races	$79,107, see rank	$36,180	$47,621

*Based on 2010-2014 data. View historical median household income by races data.

Median Household Income by Age

	Troy, MI	Michigan	U.S.
less than 25	$37,149, see rank	$21,580	$25,788
25 to 44	$92,218, see rank	$53,327	$58,398
45 to 64	$102,619, see rank	$59,969	$65,027
65 or over	$51,007, see rank	$36,782	$37,945

*Based on 2010-2014 data. View historical median household income by age data.

Employment Status

	Troy, MI	Michigan	U.S.
Population 16 Years and Over	65,663, see rank	7,893,971	248,775,628
Male¹	32,156, 48.97%, see rank	48.56%	48.69%
Male, In Labor Force:²	23,273, 72.38%, see rank	65.69%	69.28%
Male, In Armed Forces²	38, 0.12%, see rank	0.08%	0.73%
Male, Civilian²	23,235, 72.26%, see rank	65.61%	68.54%
Male, Civilian, Employed³	21,565, 92.81%, see rank	87.67%	90.49%
Male, Civilian, Unemployed³	1,670, 7.19%, see rank	12.33%	9.51%
Male, Not in Labor Force²	8,883, 27.62%, see rank	34.31%	30.72%
Female¹	33,507, 51.03%, see rank	51.44%	51.31%
Female, In Labor Force:²	19,294, 57.58%, see rank	57.48%	58.79%
Female, In Armed Forces²	25, 0.07%, see rank	0.02%	0.11%
Female, Civilian²	19,269, 57.51%, see rank	57.47%	58.69%
Female, Civilian, Employed³	17,795, 92.35%, see rank	89.51%	91.18%
Female, Civilian, Unemployed³	1,474, 7.65%, see rank	10.49%	8.82%
Female, Not in Labor Force²	14,213, 42.42%, see rank	42.52%	41.21%

¹ Percentage of the population of 16 years and over.
² Percentage of the population of 16 years and over for the gender.
³ Percentage of the Civilian for the gender.

*Based on 2010-2014 data. View historical employment status data.

Commuting to Work

	Troy, MI	Michigan	U.S.
Workers 16 Years and Over	38,698, 100%	4,199,791	141,337,148
Car, Truck, or Van—Drove Alone	33,441, 86.42%, see rank	82.68%	76.41%
Car, Truck, or Van—Carpooled	3,107, 8.03%, see rank	8.85%	9.59%
Public Transportation	171, 0.44%, see rank	1.41%	5.06%
Walked	335, 0.87%, see rank	2.17%	2.78%
Other Means	213, 0.55%, see rank	1.24%	1.79%
Worked at Home	1,431, 3.70%, see rank	3.64%	4.37%

Mean Travel Time to Work, see rank

Troy, MI	25.4 minutes
Michigan	23.9 minutes
U.S.	25.7 minutes

Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2010-2014 data. View historical commuting to work data.

Careers

Occupation

	Troy, MI	Michigan	U.S.
Civilian Employed, 16 Years and Over	39,360	4,293,574	143,435,233
Male¹	21,565, 54.79%, see rank	51.35%	52.38%
Management, Professional, and Related Occupations²	13,413, 62.20%, see rank	32.41%	33.12%
Service Occupations²	2,006, 9.30%, see rank	14.22%	15.12%
Sales and Office Occupations²	3,238, 15.02%, see rank	16.58%	17.47%
Farming, Fishing, and Forestry Occupations²	1, 0.00%, see rank	0.94%	1.11%
Construction, Extraction, Maintenance, and Repair Occupations²	628, 2.91%, see rank	7.30%	9.29%
Production, Transportation, and Material Moving Occupations²	1,774, 8.23%, see rank	22.48%	17.94%
Female¹	17,795, 45.21%, see rank	48.65%	47.62%
Management, Professional, and Related Occupations²	10,546, 59.26%, see rank	37.15%	40.04%
Service Occupations²	2,462, 13.84%, see rank	22.79%	21.52%
Sales and Office Occupations²	4,190, 23.55%, see rank	31.96%	31.93%
Farming, Fishing, and Forestry Occupations²	0, 0.00%, see rank	0.31%	0.32%
Construction, Extraction, Maintenance, and Repair Occupations²	0, 0.00%, see rank	0.24%	0.28%
Production, Transportation, and Material Moving Occupations²	535, 3.01%, see rank	7.30%	5.65%

¹ Percentage of the civilian employed, 16 years and over.
² Percentage of the civilian employed, 16 years and over for the gender.

Industry

	Troy, MI	Michigan	U.S.
Civilian Employed, 16 Years and Over	39,360, 100%	4,293,574	143,435,233
Agriculture, Forestry, Fishing, Hunting, Mining	217, 0.55%, see rank	1.32%	1.96%
Construction	1,057, 2.69%, see rank	4.76%	6.17%
Manufacturing	7,477, 19.00%, see rank	17.38%	10.43%
Wholesale Trade	950, 2.41%, see rank	2.46%	2.75%
Retail Trade	3,013, 7.65%, see rank	11.44%	11.57%
Transportation, Warehousing, Utilities	696, 1.77%, see rank	4.12%	4.93%
Information	828, 2.10%, see rank	1.60%	2.14%
Finance, Insurance, Real Estate, Rental, Leasing	3,647, 9.27%, see rank	5.51%	6.60%
Professional, Scientific, Management, Administrative, Waste Management Services	6,612, 16.80%, see rank	9.28%	10.89%
Educational Services, Health Care, Social Assistance	9,776, 24.84%, see rank	24.13%	23.21%
Arts, Entertainment, Recreation, Accommodation, Food Services	2,691, 6.84%, see rank	9.47%	9.49%
Public Administration	875, 2.22%, see rank	3.73%	4.92%
Other Services, Except Public Administration	1,521, 3.86%, see rank	4.81%	4.96%

*Based on 2010-2014 data. View historical careers data.

Poverty Level

	Troy, MI	%	Michigan	U.S.
Population in Poverty	5,732	7.00%, see rank	16.90%	15.59%
Family in Poverty	1,233	5.46%, see rank	12.08%	11.47%

*Based on 2010-2014 data. View historical poverty level data.