Troy, MI 48083 has a population of approximately 23,029 and experiences a population change rate of 3.46%. The population density is 2,666 / sq mi .
Troy, MI 48083 has a population of approximately 23,029 and experiences a population change rate of 3.46%. The population density is 2,666 / sq mi .
The median household income for Troy, MI 48083 is $80,222, with 9,677 households and an average household size of 2.44.
The median value of a home in Troy, MI 48083 is $286,400 with an appreciation rate of 10.80%. 60.46% of housing in the state is owned while 35.08% is rented.
The cost of living in Troy, MI 48083 is 113.6 %.
The unemployment rate in Troy, MI 48083 is 1.60%, and recent job growth is at 0.83%. Future job growth is projected at 45.92%.
The sales tax rate in Troy, MI 48083 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Troy, MI 48083 are $15,188, and the school ratio is 17:1.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 32.2 inches of snow per year.