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2024 Compare Cities Economy:
Richfield, MN vs Troy, MI

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Highlights
- Household income in Troy, is 45% more than it is in Richfield and is 36% above the National Average.
- Richfield unemployment rate is 4.3%.
- Troy unemployment rate is 2.9%.

Economy
 Richfield, MNTroy, MIUnited States
 Unemployment Rate4.3%2.9%6.0%
 Recent Job Growth1.8%0.3%1.6%
 Future Job Growth33.8%39.6%33.5%
 Sales Taxes7.5%6.0%6.2%
 Income Taxes7.1%4.3%4.6%
 Income per Cap.$39,958$51,031$37,638
 Household Income$74,301$107,550$69,021
 Family Median Income$95,319$131,044$85,028
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 Est. Households By Income
 Richfield, MNTroy, MIUnited States
 Income Less Than 15K5.9%6.1%9.4%
 Income between 15K and 20K2.7%1.3%3.8%
 Income between 20K and 30K5.0%4.6%8.1%
 Income between 30K and 40K7.1%4.2%8.0%
 Income between 40K and 50K8.9%3.9%7.6%
 Income between 50K and 60K7.5%5.0%7.2%
 Income between 60K and 75K13.5%7.2%9.6%
 Income between 75K and 100K14.3%13.6%12.8%
 Income between 100K and 150K19.3%21.7%16.3%
 Income between 150K and 200K8.5%12.8%7.8%
 Income greater than 200K7.2%19.4%9.5%
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 Population By Occupation
 Richfield, MNTroy, MIUnited States
 Management, business, finance18.3%23.2%16.4%
 Engineering, computers, science11.3%20.2%6.5%
 Community, social services1.8%1.0%1.8%
 Legal1.0%1.2%1.2%
 Education, library4.5%5.8%6.2%
 Arts, design, media, sports, entertainment2.6%1.9%2.0%
 Healthcare practitioners and technology4.9%9.2%6.2%
 Healthcare support1.9%1.6%3.3%
 Firefighters, law enforcement1.2%0.7%2.1%
 Food preparation, serving5.3%2.8%5.4%
 Building maintenance5.0%2.3%3.6%
 Personal care2.8%2.5%2.6%
 Sales, office, administrative support22.2%18.2%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair5.6%3.5%8.1%
 Production, transportation, material moving11.5%5.8%13.1%

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Reviews for Richfield    3 Reviews

Over 11 years ago

Richfield is probably the most convenient suburb in the Twin Cities. It is near 494, 35W, 35E, 55, 100, 169, and 62...which are basically all the major free ways in the  More

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Over 13 years ago

Comfortable middle class suburb. Fifteen minutes from both downtown Minneapolis and St. Paul. Conveniently close to the airport. Good schools. Lots of parks and  More

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Over 18 years ago

Richfield is a first-ring, older suburb of 1950's and 60's houses. They range from very nice, middle-class houses to poorly maintained, cheaply built houses that now  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 RICHFIELD, MINNESOTA
55423
ZIPS IN TROY, MICHIGAN
48085 48083 48098 48084

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