Home / Select Cities  /  2024 Comparing Newark, OH vs. Troy, MI

2024 Compare Cities Housing:
Newark, OH vs Troy, MI

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Highlights
- The median age of a home in Newark is 23.7% older than the median age of a home in Troy.

Housing
 Newark, OHTroy, MIUnited States
 Median Home Age594542
 Median Home Cost$198,800$376,800$338,100
 Home Appr. Last 12 months19.8%10.8%16.6%
 Home Appr. Last 5 yrs.62.4%47.2%57.0%
 Home Appr. Last 10 yrs.102.9%116.4%101.1%
 Property Tax Rate$12.4$13.9$11.0
 Homes Owned49.4%71.4%57.4%
 Housing Vacant10.7%4.9%11.2%
 Homes Rented40.0%23.7%31.4%
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 Avg Rent For Home Or Apartment
 Newark, OHTroy, MIUnited States
 Average Rent$1,120$2,050$1,840
 Studio Apartment$670$1,160$1,080
 1 Bedroom Home or Apartment$750$1,310$1,180
 2 Bedroom Home or Apartment$930$1,670$1,430
 3 Bedroom Home or Apartment$1,140$2,080$1,860
 4 Bedroom Home or Apartment$1,260$2,240$2,160
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 Vacant Housing
 Newark, OHTroy, MIUnited States
 Vacant For Rent3.3%1.5%1.9%
 Vacant Rented2.0%0.5%0.4%
 Vacant For Sale0.6%0.5%0.7%
 Vacant Sold0.4%0.2%0.4%
 Vacant Vacation0.8%0.3%3.6%
 Vacant Other3.6%1.9%4.1%
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 Owner-Occupied Housing Value
 Newark, OHTroy, MIUnited States
 Less Than $20,0001.7%1.1%2.6%
 $20,000 to $39,9991.3%0.6%2.4%
 $40,000 to $59,9994.5%0.4%2.8%
 $60,000 to $79,9999.2%0.2%3.9%
 $80,000 to $99,99912.0%0.6%4.5%
 $100,000 to $149,99926.4%2.4%11.3%
 $150,000 to $199,99922.8%7.8%13.0%
 $200,000 to $299,99913.8%27.5%20.1%
 $300,000 to $399,9996.3%27.3%13.6%
 $400,000 to $499,9991.2%17.6%8.3%
 $500,000 to $749,9990.6%11.8%9.7%
 $750,000 to $999,9990.1%2.3%3.9%
 $1,000,000 to $1,499,9990.0%0.4%2.2%
 $1,500,000 to $1,999,9990.0%0.1%0.8%
 $2,000,000 and over0.0%0.1%1.1%
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 Housing Units By Year Built
 Newark, OHTroy, MIUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 20147.1%6.3%13.6%
 2000 to 20097.1%6.3%13.6%
 1990 to 199910.2%14.5%13.6%
 1980 to 19897.9%13.3%13.2%
 1970 to 197913.8%33.9%14.8%
 1960 to 196910.2%14.5%13.6%
 1950 to 195912.4%7.6%10.0%
 1940 to 19497.1%1.4%4.7%
 1939 or Earlier28.7%2.6%12.2%

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Reviews for Newark    7 Reviews

I have lived here in Newark for over nine and a half years. This isn't the best place to live. Sure there's historical buildings, including the courthouse, and the  More

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We retired to Newark, coming from the ‘burbs of the Chicago area. People we meet are surprised to hear that someone would choose Newark to retire to, but as newcomers  More

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This city is good for the older generation, rtetiring, and folks that wont mind settling in an affordable-yet-boring town. Crime is going up. Poverty increasing, and  More

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Reviews for Troy    9 Reviews

Over 3 years ago

, corruption is like  More

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Over 5 years ago

no one ever visited Troy, that writes this stuff,, Troy has a Black out, of any city corruption, most of the elected city are from the same zip code. and the heavy  More

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Over 7 years ago

This is the safest place to live in Michigan. The schools are ranked in the top of both the state and in the US. When our kids graduated 98% of the graduates went on  More

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ZIPS IN NEWARK, OHIO
43055
ZIPS IN TROY, MICHIGAN
48085 48083 48098 48084

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