2025 Compare Cities Housing:
Independence, MO vs Troy, MI

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Highlights
- The median age of a home in Independence is 16.7% older than the median age of a home in Troy.
 Independence, MOTroy, MIUnited States
 Median Home Age54  Unlock42
 Median Home Cost  Unlock$376,800$338,100
 Home Appr. Last 12 months16.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock47.2%57.0%
 Home Appr. Last 10 yrs.100.6%  Unlock101.1%
 Property Tax Rate  Unlock$13.9$11.0
 Homes Owned54.3%  Unlock57.4%
 Housing Vacant  Unlock4.9%11.2%
 Homes Rented36.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Independence, MOTroy, MIUnited States
 Average Rent  Unlock$2,050$1,840
 Studio Apartment$790  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,310$1,180
 2 Bedroom Home or Apartment$1,040  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,080$1,860
 4 Bedroom Home or Apartment$1,590  Unlock$2,160
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 Vacant Housing
 Independence, MOTroy, MIUnited States
 Vacant For Rent  Unlock1.5%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other6.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Independence, MOTroy, MIUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9992.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9999.5%  Unlock3.9%
 $80,000 to $99,999  Unlock0.6%4.5%
 $100,000 to $149,99931.2%  Unlock11.3%
 $150,000 to $199,999  Unlock7.8%13.0%
 $200,000 to $299,99913.8%  Unlock20.1%
 $300,000 to $399,999  Unlock27.3%13.6%
 $400,000 to $499,9991.2%  Unlock8.3%
 $500,000 to $749,999  Unlock11.8%9.7%
 $750,000 to $999,9990.1%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.4%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Independence, MOTroy, MIUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 20096.2%  Unlock13.6%
 1990 to 1999  Unlock14.5%13.6%
 1980 to 19898.4%  Unlock13.2%
 1970 to 1979  Unlock33.9%14.8%
 1960 to 19699.0%  Unlock13.6%
 1950 to 1959  Unlock7.6%10.0%
 1940 to 19496.9%  Unlock4.7%
 1939 or Earlier  Unlock2.6%12.2%
Reviews for Independence    10 Reviews

The ice age sent glaciers sweeping south, ending at what is the edge of the Missouri River. Independence, Missouri, has artesian water straight from this glacial melt  More

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Over 11 years ago

I've lived here pretty much all my life, and I have to say, I'm ready to get out. I'm not sure if the crime here has just skyrocketed over recent years, or if I was just  More

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Over 12 years ago

Independence, Missouri is just like any other fairly large, fairly old town. A city approaching 200 years old and having nearly 120,000 residents is going to have both  More

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Reviews for Troy    9 Reviews

Over 4 years ago

, corruption is like  More

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Over 6 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 8 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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