Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Troy, MI Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

87,898

Median Agei

Race & Ethnicityi

White

61%53,594

Asian

27.8%24,424

Two or More

4%3,533

Black

3.7%3,283

Hispanic/Latino

2.6%2,327

Other

0.6%530

American Indian/Alaska Native

0.2%146

Native Hawaiian/Pacific Islander

0.1%61

Educational Attainment (Age 25+)i

GED/Alternative

1.2%715

High School Diploma

11%6,753

Some College (<1 yr)

3.9%2,393

Some College (1+ yr)

7.3%4,519

Associate's Degree

6.9%4,229

Bachelor's Degree

32.9%20,292

Master's Degree

23.8%14,680

Professional Degree

4.2%2,595

Doctorate

3.9%2,374

HS or Higher

95%

BA or Higher

64.8%

Graduate+

31.9%

Housingi

Median Home Valuei

$420,300

Median Renti

$1,602

Tenure

Owner-Occupied

73.3%24,446

Renter-Occupied

26.7%8,926

Total Units

34,883

Homeownership

73.3%

Vacancy Rate

4.3%

Home Values

Under $50K

2%499

$50K–$100K

0.5%120

$100K–$150K

1%252

$150K–$200K

2.7%656

$200K–$300K

14.2%3,461

$300K–$500K

48.9%11,965

$500K–$1M

28.8%7,045

$1M+

1.8%448

Rent Distribution

Under $500

829

$500–$750

205

$750–$1,000

287

$1,000–$1,250

949

$1,250–$1,500

1,405

$1,500–$2,000

2,923

$2,000+

1,940

Year Built

2020 or later

1.6%552

2010–2019

4.2%1,464

2000–2009

7.7%2,692

1990–1999

14.3%4,988

1980–1989

13.9%4,857

1970–1979

32.4%11,311

1960–1969

14.5%5,043

1950–1959

7.4%2,577

1940–1949

1.5%527

1939 or earlier

2.5%872

Heating Fuel

Utility Gas

88.8%29,635

Electricity

9.7%3,247

Bottled/LP Gas

0.9%310

Other

0.3%92

No Fuel

0.2%55

Wood

0.1%23

Fuel Oil

0%10

Economyi

Median Household Incomei

$120,045

Mean Household Incomei

$150,892

Per Capita Incomei

$58,119

Poverty Ratei

5.4%

Unemploymenti

4.4%

Labor Forcei

47,646

Household Income Distribution

Under $10K

2.6%872

$10K–$15K

2.8%947

$15K–$20K

1.5%505

$20K–$25K

1.7%561

$25K–$30K

2.1%694

$30K–$35K

1.6%523

$35K–$40K

1.7%563

$40K–$45K

1.8%599

$45K–$50K

2.1%689

$50K–$60K

4.9%1,623

$60K–$75K

8.2%2,747

$75K–$100K

10.9%3,651

$100K–$125K

9.7%3,243

$125K–$150K

8.3%2,760

$150K–$200K

15.7%5,236

$200K+

24.4%8,159

Foreign-Born Populationi

Foreign-Borni

27,12530.9%

By Region

Top Countries

India

9,861

China

3,219

Korea

1,485

Canada

907

Philippines

653

Mexico

620

Poland

248

Germany

247

Commute & Transportationi

Workersi

44,786

Avg. Commutei

23.7 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

45,485

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

2,577(3.7% of civilian adults)

Health Insurancei

97.2%Insured

2.8%Uninsured