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2024 Compare Cities Economy:
Troy, MI vs Elgin, IL

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Highlights
- Household income in Elgin, is 26% less than it is in Troy and is 13% above the National Average.
- Troy unemployment rate is 2.9%.
- Elgin unemployment rate is 9.9%.

Economy
 Troy, MIElgin, ILUnited States
 Unemployment Rate2.9%9.9%6.0%
 Recent Job Growth0.3%1.7%1.6%
 Future Job Growth39.6%28.3%33.5%
 Sales Taxes6.0%8.5%6.2%
 Income Taxes4.3%5.0%4.6%
 Income per Cap.$51,031$31,673$37,638
 Household Income$107,550$79,757$69,021
 Family Median Income$131,044$88,684$85,028
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 Est. Households By Income
 Troy, MIElgin, ILUnited States
 Income Less Than 15K6.1%6.8%9.4%
 Income between 15K and 20K1.3%2.2%3.8%
 Income between 20K and 30K4.6%6.0%8.1%
 Income between 30K and 40K4.2%7.8%8.0%
 Income between 40K and 50K3.9%6.9%7.6%
 Income between 50K and 60K5.0%7.0%7.2%
 Income between 60K and 75K7.2%9.8%9.6%
 Income between 75K and 100K13.6%16.1%12.8%
 Income between 100K and 150K21.7%21.8%16.3%
 Income between 150K and 200K12.8%9.0%7.8%
 Income greater than 200K19.4%6.7%9.5%
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 Population By Occupation
 Troy, MIElgin, ILUnited States
 Management, business, finance23.2%13.6%16.4%
 Engineering, computers, science20.2%5.3%6.5%
 Community, social services1.0%1.4%1.8%
 Legal1.2%0.7%1.2%
 Education, library5.8%4.5%6.2%
 Arts, design, media, sports, entertainment1.9%1.4%2.0%
 Healthcare practitioners and technology9.2%4.1%6.2%
 Healthcare support1.6%2.8%3.3%
 Firefighters, law enforcement0.7%2.0%2.1%
 Food preparation, serving2.8%4.9%5.4%
 Building maintenance2.3%4.8%3.6%
 Personal care2.5%2.7%2.6%
 Sales, office, administrative support18.2%21.9%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair3.5%8.9%8.1%
 Production, transportation, material moving5.8%21.0%13.1%

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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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Reviews for Elgin    9 Reviews

When I first moved to Elgin 2 years ago I did not like it. I lived in a mobile home park near the river and highway 90 in a senior community that over prices it's lot  More

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Hi, as a way of updating the post for Elgin and providing a rebuttal for some of the negative reviews, I've decided to post on this board. I've lived in Elgin since  More

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Over 14 years ago

I have lived in Elgin my whole life and it is very sad to read these comments about my town.... I'm a senior at South Elgin High School and I will be graduating this  More

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ZIPS IN TROY, MICHIGAN
48085 48083 48098 48084
ZIPS IN ELGIN, ILLINOIS
60120

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