Economy in Troy, Michigan
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | -1.55% | -0.12% |
| Future Job Growth | 28.00% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $41,646 | $27,067 |
| Household Income | $87,986 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.72% | 12.10% |
| Income between 15K and 25K | 4.76% | 10.18% |
| Income between 25K and 35K | 5.08% | 10.56% |
| Income between 35K and 50K | 9.73% | 14.98% |
| Income between 50K and 75K | 17.49% | 19.53% |
| Income between 75K and 100K | 15.77% | 12.52% |
| Income between 100K and 150K | 22.45% | 12.14% |
| Income between 150K and 250K | 9.92% | 3.91% |
| Income between 250K and 500K | 8.67% | 3.34% |
| Income greater than 500K | 1.41% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 23.26% | 13.81% |
| Professional and Related Occupations | 35.50% | 22.68% |
| Service | 10.22% | 14.51% |
| Sales and Office | 25.46% | 25.22% |
| Farming, Fishing, and Forestry | 0.02% | 0.68% |
| Construction, Extraction, and Maintenance | 3.49% | 9.37% |
| Production, Transportation, and Material Moving | 8.45% | 15.86% |
The unemployment rate in Troy, MI, is 8.90%, with job growth of -1.55%. Future job growth over the next ten years is predicted to be 28.00%.
Troy, MI Taxes
Troy, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Troy, MI Income and Salaries
The income per capita is $41,646, which includes all adults and children. The median household income is $87,986.
Troy Economy SperlingViews
A great place to live: Troy is a great place to live. It benefits from being part of metropolitan Detroit (pro sports, symphony, the Henry Ford, the Detroit Zoo). It is a well run city that... (read more)Very Good: This city offers very broad ranges of religion. Many different places for foriegn religion studies and many different places for people who have lost faith to go back to... (read more)re: lousy place - 2/27/2009: You are an idiot. Buy the sounds of it your a hick and sure if your a hick you not going to like troy because troy has all the benefits that the world has to offer. So... (read more)Have an opinion about Troy? Leave a commentTo See All SperlingViews for Troy Click Here