Michigan / Oakland County

Moving to Troy, MI

Thinking of making a move to Troy, MI? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Troy, MI

Considering a move to Troy, MI? This welcoming community of 87,294 residents offers a blend of suburban charm and convenience, with median home prices around $412,000 and average rents near $1,550. Commute times average 26 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (52% annually), ideal for families and commuters alike. Explore Troy's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Troy, MI

Troy has a population of 87,294 residents, offering a diverse community with a median age of nearly 42 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 68% White, 5% Black, and 24% Asian residents, and over 22% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
87,294
Density
2,600 per sq mi
Median Age
42.3
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
22.4%

Ethnic Composition

White
68.1%
Black
4.9%
Asian
23.9%
Others
3.1%

Cost Of Living

What is the average cost of living in Troy, MI?

The cost of living in Troy is higher than the national average, with a cost of living index of 110.4. Median home values are around $412,000 and average rents for a two-bedroom apartment are approximately $1,550. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$412,000
Gross Rent
$1,550
Monthly Electricity Charges
$110
Auto Insurance
$2,400
House Owner Cost With Mortgage
$2,000
House Owner Cost Without Mortgage
$660
State Taxes
Low: 4.25%| High: 4.25%
Cost Of Living Index
110.4
Grocery
104.3
Housing
120.8
Utilities
99.7
Transportation
105.8
Health Care
101.5
Miscellaneous
97.2

Crime

Is Troy, MI a safe place to live?

Troy is considered a safe community, with a low violent crime rate of 65 incidents per 100,000 residents and a property crime chance of 1 in 95. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Michigan.

Violent Crimes Per 100k
65
Property Crimes Per 100k
1,050
Crime Index
1,115
Chance Of Violent Crime
1 in 1,538
Chance Of Property Crime
1 in 95

Weather

What is the weather like in Troy, MI year-round?

Troy experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 19°F. The area receives about 32 inches of rainfall annually and enjoys sunshine on 52% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
19°F
Max
33°F

Summer

Min
61°F
Max
83°F

Spring

Min
39°F
Max
63°F

Fall

Min
43°F
Max
66°F
Average Rainfall Inches
32.3 inches
Sunny Days Percentage
52%

Neighbors

The neighborhood boasts a healthy median household income of $112,000 and a low poverty rate of 4.3%. Over 97% of residents have at least a high school diploma, and nearly 65% hold a bachelor's degree or higher. Commute times average 26 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$46,000
Household Income
$112,000
Family Income
$130,500
Per Capita Income
$53,500
Income Male
$71,000
Income Female
$54,000
Poverty Rate
4.3%
Non English Speakers
22.4%
Rent
$1,550
Unemployment Rate
2.7%
Public Transport Usage
1.1%
Commute Time
25.6 minutes

Education

High School or Higher
96.9%
Bachelors or More
65.4%

Education

How are the schools in Troy, MI?

Troy offers quality education options, with public schools like Troy High School and Boulan Park Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Walsh College and Oakland University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Troy High School
Street
4777 Northfield Pkwy
Phone
248-823-2700
Students
2,050
Student Teacher Ratio
19.5
Name
Boulan Park Middle School
Street
3570 Northfield Pkwy
Phone
248-823-4900
Students
900
Student Teacher Ratio
16.2

Private Schools

Name
Bethany Christian School
Street
2601 John R Rd
Phone
248-689-8895
Students
310

Colleges

Name
Walsh College
City
Troy
State
MI
Distance
0 miles
Students
2,000
Name
Oakland University
City
Rochester
State
MI
Distance
9 miles
Students
17,000

Healthcare

Troy residents have access to quality healthcare, with major hospitals like Beaumont Hospital, Troy nearby. The community benefits from a high physician-to-resident ratio of 3.2 per 1,000 people and 94.9% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Beaumont Hospital, Troy
Address
44201 Dequindre Rd, Troy, MI 48085
Phone
(248) 964-5000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
3.2
Health Insurance Coverage
94.9%
Health Care Index
76.2

Housing Market

What is the housing market like in Troy, MI?

The local housing market is strong, with a median home price of $412,000 and an owner-occupied rate of nearly 74%. The market has seen a 4.1% appreciation over the past year, and rental vacancy rates remain moderate at 4.2%. Troy offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$412,000
Average Rent For 2 Bedroom
$1,550
Owner Occupied Rate
73.8%
Rental Vacancy Rate
4.2%
Home Appreciation Rate (1yr)
4.1%
New Construction Rate
1.2%
Foreclosure Rate
0.3%

DMV Information

Residents of Troy handle vehicle services through the Michigan Secretary of State, conveniently located in Kalamazoo. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Michigan
Department
Michigan Secretary of State
Address
111 E. Kilgore Road, Kalamazoo, MI 49002
Phone
1-888-767-6424

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Troy, MI

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Troy, review the core fields on this page: population 87,294, median home value $412,000, average rent for 2 bedroom $1,550, commute time 25.6 minutes, and sunny days percentage 52%.

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