TROY, MI  48083

Total Population: 23,619

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Median Home Value

$293,300

Owner-occupied units

Median Household Income

$88,551

Across all households

Median Age

40.9 yrs

Across all residents

Bachelor's Degree+

53.0%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)64.4%
Asian (Non-Hispanic)23.1%
Black (Non-Hispanic)4.2%
Two or More Races3.5%
Hispanic or Latino3.1%
Other Race1.3%
Am. Indian / Alaska Native0.4%

Under 18 Years

16.5%

65 Years and Over

19.4%

Male

52.7%

Female

47.3%

U.S. Citizens (18+)

87.8%

No Health Insurance

2.7%

Education

3 fields

High School Graduate or Higher (25+)

90.7%

Bachelor's Degree or Higher (25+)

53.0%

Enrolled in College (18+)

10.0%

Economics

6 fields

Median Household Income

$88,551

Mean Household Income

$106,422

Per Capita Income

$45,235

Unemployment Rate (16+)

4.0%

In Labor Force (19–64)

81.4%

SNAP / Food Stamps

11.3%

Housing & Households

13 fields

Median Home Value

$293,300

Median Rent

$1,277/mo

Total Housing Units

10,437

Owner-Occupied

63.7%

Renter-Occupied

36.3%

Vacancy Rate

5.5%

Married Couple Households

49.1%

Cohabiting Couple Households

5.4%

Male Householder, No Partner

21.6%

Female Householder, No Partner

23.9%

Average Household Size

2.39

Broadband Internet Access

93.5%

Housing Built Since 2010

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 48083.