TROY, MI  48098

Total Population: 20,658

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Median Home Value

$485,300

Owner-occupied units

Median Household Income

$165,781

Across all households

Median Age

46 yrs

Across all residents

Bachelor's Degree+

76.8%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)59.7%
Asian (Non-Hispanic)31.2%
Two or More Races4.4%
Hispanic or Latino2.2%
Black (Non-Hispanic)2.0%
Other Race0.4%
Am. Indian / Alaska Native0.1%

Under 18 Years

22.6%

65 Years and Over

19.6%

Male

51.1%

Female

48.9%

U.S. Citizens (18+)

89.3%

No Health Insurance

1.4%

Education

3 fields

High School Graduate or Higher (25+)

98.3%

Bachelor's Degree or Higher (25+)

76.8%

Enrolled in College (18+)

8.6%

Economics

6 fields

Median Household Income

$165,781

Mean Household Income

$197,528

Per Capita Income

$71,115

Unemployment Rate (16+)

3.6%

In Labor Force (19–64)

81.7%

SNAP / Food Stamps

Housing & Households

13 fields

Median Home Value

$485,300

Median Rent

$1,720/mo

Total Housing Units

7,828

Owner-Occupied

92.0%

Renter-Occupied

8.0%

Vacancy Rate

5.4%

Married Couple Households

73.1%

Cohabiting Couple Households

4.9%

Male Householder, No Partner

8.5%

Female Householder, No Partner

13.5%

Average Household Size

2.78

Broadband Internet Access

97.7%

Housing Built Since 2010

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 48098.