Skip to content

Checked

Troy, MI

City in Oakland County, Michigan. ZIP codes: 48083, 48084, 48085, 48098.

Population

87,898

Land area

33.4sq mi

People per sq mi

2,628

ZIP codes

4

Troy and its ZIP codes

Troy at a glance

  • Troy is about 15 times as dense as Michigan as a whole.
  • It is the 9th most populous of 745 cities and towns in Michigan.
  • Households here earn a median of $120,045 a year, 65% more than the Michigan figure of $72,875.
  • A typical owner-occupied home is valued at $420,300 (81% above Michigan) and median rent is $1,602 a month.

Local data for Troy, MI

Counts from official public data

Housing and community stats

Troy, MI, American Community Survey 2020-2024

Full profile

Median household income

$120,045

Poverty rate

5.4%

Median home value

$420,300

Median rent

$1,602/mo

Homeownership

73.3%

Bachelor's or higher

64.8%

Median age

42.0

Average commute

23.7 min

Largest reported origins and ancestries: Indian Americans (14,252), German Americans (11,437), Irish Americans (7,450).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Oakland County. PPP loans are for Troy.

Details

Unemployment rate

4.7%

Aug 2026, +1.0 pts in a year

Average annual pay

$80,231

720,266 jobs, 2025

Income per person

$93,579

BEA, 2024

Federal spending

$10.6B

FY 2026, $8,330 per person

PPP loans

$817M

4,706 loans, 81,119 jobs reported

Oakland County economyFederal spendingPPP loans

How people get to work

Troy, MI, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone69.3%
  • Carpooled6.2%
  • Public transit0.2%
  • Walked0.7%
  • Bicycle0.2%
  • Taxi, ride-hailing, motorcycle or other1.0%
  • Worked from home22.5%

Average one-way commute: 23.7 minutes for people who do not work from home.

Environment and hazard risk

Troy, MI, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively High

Top: tornado

Storm events since 1996

1,054

Countywide, mostly thunderstorm wind

Flood insurance policies

1,096

0.3% of homes, county

July high / Jan low

82° / 17°F

33.9 inches of rain a year

Hazards, floods and storm historyCheck a flood zone2 historic places

Health statistics

Share of adults in Troy, MI, CDC PLACES estimates

All 40 measures

Obesity

26.5%

U.S. 33.3% -6.8 pts

Diabetes

9.6%

U.S. 12.1% -2.5 pts

Smoking

8.8%

U.S. 12.8% -4.0 pts

Uninsured (18-64)

4.3%

U.S. 11.1% -6.8 pts

ZIP codes in Troy

4 in or overlapping Troy. Population shown

Cities near Troy

Frequently asked questions

What county is Troy, MI in?
Troy is in Oakland County, Michigan.
What ZIP codes are in Troy, MI?
ZIP codes in or overlapping Troy include 48083, 48084, 48085, 48098.
What is the population of Troy, MI?
About 87,898 people live in Troy, based on American Community Survey 5-year estimates.
What cities are near Troy?
Nearby places include Clawson (2.9 mi), Birmingham (3.9 mi), Bloomfield Hills (5 mi), Royal Oak (5 mi), Madison Heights (5.4 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023