Troy, MI — Momentum Score, Home Values & Best-For

All states·Michigan·Troy

Why look at Troy?

  • Mid-tier housing market. Median home is $463k.
  • Stable market. Home values +2.9% year-over-year — neither overheated nor falling.
  • Higher tax state. Top marginal income tax rate around 4.2% — factor into salary comparisons.
Troy, MI
Image: Wikipedia · Troy, Michigan
OverviewCost of livingMoving guide
View watchlist →
65
Rising
Momentum score · 0–100

Where Troy stands

At or near all-time high.

Median home $463,178
1-year +2.9%
5-yr growth +5.5%
vs 5-yr peak -0.1%
Population +0.5%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-03$463k$250k$327k$405k$482k201620182020202220242026

Lifestyle scores

🚶
Walkability
40/100
Car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
79/100
Strong remote-work fit
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,777/mo$1,361$1,639$1,917202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent131123100120202220242026

Rent vs buy

Price-to-rent ratio: 21.7
Lean rent

At a 21.7 price-to-rent ratio, the math is starting to lean toward renting in Troy. Buying makes more sense the longer you plan to stay and the more confident you are that prices will keep appreciating roughly in line with rent.

How the momentum score breaks down

methodology →
Home YoY
64 · w22%
Home 5-yr growth
67 · w22%
Distance from peak
90 · w18%
Population growth
56 · w16%
Rent YoY
40 · w12%
Home 10-yr growth
65 · w10%

About Troy (Wikipedia)

Troy is a city in Oakland County, Michigan, United States. A northern suburb of Detroit, Troy is located about 15 miles (24 km) north of downtown Detroit. As of the 2020 census, the city had a population of 87,294, making Troy the largest community in Oakland County and 13th-most populous municipality in the state.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorEthan Baker
Area33.63 sq mi
Elevation748 ft
Settled1819
Motto''The City of Tomorrow, Today''
Density2609.92/sq mi
Named forTroy, New York

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Local safety & alerts

No active National Weather Service alerts for Oakland County right now.

NWS active alerts (MI)Michigan Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Oakland County routes NWS alerts; check the state EM portal for non-weather emergencies.

Run the numbers for Troy

ToolCan I afford Troy?Income → city shortlistToolCompare Troy to anywhereSide-by-side up to 3 citiesToolTroy cost-of-livingEquivalent income elsewhere

Michigan context

Schools

25 public schools15,420 students17.6:1 student-teacher

Troy is served by 25 public schools enrolling about 15,420 students, with a student-teacher ratio of 17.6:1 — larger classes than the US average of ~15:1. Public-school facts are from the NCES Common Core of Data; check ratings and attendance boundaries by exact address below.

Ratings, districts & boundaries:

NCES school directory →School ratings →Michigan report card →

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
30° / 16°
avg high / low
Summer (Jul)
82° / 61°
avg high / low
Sunny days/yr
175
~48% of year
Annual precip
33″ rain
50″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Moderate
Wildfire
Very low
Earthquake
Very low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Detroit-Warren-Dearborn area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Troy listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-28 from Google News + Reddit RSS. Filtered for Troy-specific coverage. Headlines link to original sources.

Local economy & environment

Humidity
72%
Humid climate
Median household income
$68,500
Michigan state median
Top industries (state-level)
Manufacturing (auto)HealthcareTech (Detroit)

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Find more cities like Troy

Open the matchmaker pre-filled to match Troy’s price band, region, and size — refine to taste.

Find more like Troy →

Cities similar to Troy

Explore other places with comparable momentum or affordability.

See all Michigan cities →    Browse best-of lists →

Cost-of-ownership at the median

Tax burden
4.2% top marginal
~27% all-in for a $150k earner
Property tax / yr
$6k
1.38% × median home $463k
Climate / hazard
limited data
Plan for the local hazard profile.

Snapshot assumes a $150k single earner buying at the median home. Your real numbers depend on bracket, deductions, school district, and HOA. Use the affordability calculator and net-pay calculator for your specific case.

Schools & crime context

Schools

School quality is district-by-district and varies dramatically within a city. Check GreatSchools or your state DOE rankings for specific schools before deciding. City-level school data coming soon.

Crime

Michigan: 478 violent crimes per 100K residents (state avg, FBI UCR). Neighborhood-level rates can vary 10× within one city — research specific areas via CrimeGrade or local police data.

Compare to where you live now

Set your current city once and we’ll show the cost delta on every city profile.

Getting here by train

Troy is served by an Amtrak train station — Amtrak Troy Station. Use the map to find it, and open its Google profile for photos, hours, and reviews.

📍 1201 Doyle Drive, Troy, MI 48084Station code TRMStation Building (with waiting room)

View Amtrak Troy Station on Google Maps →

Jobs & hiring

In Troy, unemployment is low at 4.4%, and hiring momentum has been steady. The strongest local sectors are tech, healthcare and remote-friendly roles.

4.4% unemployment60/100 hiring momentum$120,045 median household income53/100 remote-work fit

Search current openings:

Indeed →LinkedIn →Google Jobs →ZipRecruiter →USAJOBS (federal) →