TROY, MI  48085

Total Population: 27,371

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Median Home Value

$395,300

Owner-occupied units

Median Household Income

$144,146

Across all households

Median Age

43.2 yrs

Across all residents

Bachelor's Degree+

59.0%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)68.5%
Asian (Non-Hispanic)20.8%
Black (Non-Hispanic)4.5%
Two or More Races3.9%
Hispanic or Latino2.1%
Other Race0.3%

Under 18 Years

23.3%

65 Years and Over

17.4%

Male

52.3%

Female

47.7%

U.S. Citizens (18+)

90.1%

No Health Insurance

4.5%

Education

3 fields

High School Graduate or Higher (25+)

96.3%

Bachelor's Degree or Higher (25+)

59.0%

Enrolled in College (18+)

10.7%

Economics

6 fields

Median Household Income

$144,146

Mean Household Income

$157,801

Per Capita Income

$53,860

Unemployment Rate (16+)

3.7%

In Labor Force (19–64)

80.2%

SNAP / Food Stamps

4.0%

Housing & Households

13 fields

Median Home Value

$395,300

Median Rent

$2,213/mo

Total Housing Units

9,330

Owner-Occupied

91.8%

Renter-Occupied

8.2%

Vacancy Rate

Married Couple Households

69.4%

Cohabiting Couple Households

3.1%

Male Householder, No Partner

9.0%

Female Householder, No Partner

18.5%

Average Household Size

2.99

Broadband Internet Access

96.4%

Housing Built Since 2010

5.7%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 48085.