Most Expensive Troy Neighborhoods
Troy is a larger medium-sized city located in the state of Michigan. With a population of 83,107 people and 22 constituent neighborhoods, Troy is the 13th largest community in Michigan.
Troy real estate is some of the most expensive in Michigan, although Troy house values don't compare to the most expensive real estate in the U.S.
Troy is a decidedly white-collar city, with fully 91.10% of the workforce employed in white-collar jobs, well above the national average. Overall, Troy is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Troy who work in management occupations (14.10%), healthcare (10.24%) and office and administrative support (10.07%).
Also of interest is that Troy has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Troy is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Troy really has some of the features that families look for when choosing a good community to raise children. Is Troy perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Do you like to read, write and learn? If you move to Troy, you'll likely find that many of your neighbors like to as well. Troy is one of the more educated communities in America, with a full 57.74% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Troy in 2010 was $39,781, which is wealthy relative to Michigan and the nation. This equates to an annual income of $159,124 for a family of four. However, Troy contains both very wealthy and poor people as well.
Troy is a very ethnically-diverse city. The people who call Troy home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Troy residents report their race to be White, followed by Asian. Important ancestries of people in Troy include German, Polish, Irish, English, Italian and French.
Troy also has a high percentage of its population that was born in another country: 27.75%.
The languages spoken by people in Troy are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Troy is English. Other important languages spoken here include Chinese, Other Asian languages, Arabic and Other Indo-European.
|NUMBER OF HOMES AND APARTMENTS||30,635|
|TROY HOME OWNERSHIP|
|% OWNER OCCUPIED||73.21%|
|% RENTER OCCUPIED||26.79%|
|TYPE OF TROY HOMES|
|SINGLE FAMILY DETACHED||70.50%|
|ROWHOUSES AND ATTACHED HOMES||6.25%|
|SMALL APARTMENT BUILDINGS||5.61%|
|COMPLEXES OR HIGH RISE APARTMENTS||16.65%|
|SIZE OF TROY HOMES|
|5 OR MORE BEDROOMS||3.54%|
|AGE OF TROY HOMES|
|NEWER HOMES (2000 OR LATER)||8.55%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||64.02%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||25.48%|
|HISTORIC (1939 OR BEFORE)||1.96%|
|TROY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$295,671|
|MEDIAN RENTAL PRICE||$1,218|
|HOME VALUE RANGE|
|$0 - $67,000||3.17%|
|$67,001 - $135,000||6.43%|
|$135,001 - $270,000||33.06%|
|$270,001 - $405,000||32.11%|
|$405,001 - $540,000||14.13%|
|$540,001 - $674,000||7.00%|
|$674,001 - $1,012,000||3.63%|
|$1,012,001 - $1,349,000||0.32%|
|PEOPLE OF TROY||DETAILS|
|UNDER 5 YEARS||5.18%|
|5 TO 17||17.96%|
|18 TO 24||7.38%|
|25 TO 34||11.12%|
|35 TO 54||29.44%|
|55 TO 64||14.22%|
|65 YEARS AND OVER||14.69%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||93.73%|
|MEDIAN HOUSEHOLD INCOME||$84,325|
|PER CAPITA INCOME||$39,781|
|INDIVIDUALS BELOW POVERTY LEVEL||7.00%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (19.00%)
Professional, scientific, and technical services (12.64%)
Public Service (2.22%)
Information Technology (2.10%)
|BLACK OR AFRICAN AMERICAN||3.92%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.12%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.03%|
|SOME OTHER RACE ALONE||0.64%|
|TWO OR MORE RACES||1.98%|
|HISPANIC OR LATINO (OF ANY RACE)||2.23%|
|ETHNICITIES PRESENT||German (15.59%)
|LANGUAGES SPOKEN||English (68.01%)
Other Asian languages (3.64%)
Other Indo-European (3.47%)
Indic languages (2.01%)
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