City profile
Troy, MI
Oakland County · Population 87,898
Troy is a city in Oakland County, MI with about 87,898 residents and a typical home value near $420,000. It is 9 miles from Southfield, MI, which shapes its climate, healthcare access and amenities.
Climate
Climate type
Four seasons
Winter avg
26°F
Summer avg
73°F
Sunny days / yr
180
Home prices & cost of living
Median home price
$420,300
Typical monthly housing
$2,731
Cost of living (100 = U.S.)
122
Taxes
- Property tax
- 1.28%
- State income tax (top)
- 4.25%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 6.00%
FEMA natural hazard risk
Relatively High · county score 98/100
Top hazards: Tornado, Ice storm, Cold wave
Nearest major airport
28 mi to Detroit Metropolitan Wayne County Airport (DTW)
Political lean (2024 county vote)
Leans Democratic · 54% Democratic / 44% Republican
Community
Population
87,898
Black population
3.8%
County
Oakland County
Detailed crime figures are available for our 201 hand-researched cities.
2025–2026 trends
2026 market trends
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: winter storms
Highlights
- About 87,898 residents
- Typical home value about $420,000
- 9 miles from Southfield, MI
Trade-offs
- Scores for this place are estimated from Census data and the nearest major city
Figures are estimates from public sources (see How we match). Verify before making decisions.