Because of many things, Troy is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Troy really has some of the features that families look for when choosing a good community to raise children. Is Troy perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

If knowledge is power, Troy is a pretty powerful place. 64.07% of the adults in Troy have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Troy in 2022 was $56,542, which is wealthy relative to Michigan and the nation. This equates to an annual income of $226,168 for a family of four.

Troy is an extremely ethnically-diverse city. The people who call Troy home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Troy residents report their race to be White, followed by Asian. Important ancestries of people in Troy include German, Irish, Polish, English, and Italian.

Foreign born people are also an important part of Troy's cultural character, accounting for 29.83% of the city鈥檚 population.

The most common language spoken in Troy is English. Other important languages spoken here include Langs. of India and Chinese.