2025 Compare Cities Economy:
Troy, MI vs Farmington, MI

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Highlights
- Household income in Farmington, is 21% less than it is in Troy and is 18% above the National Average.
- Troy unemployment rate is 2.9%.
- Farmington unemployment rate is 3.5%.
 Troy, MIFarmington, MIUnited States
 Unemployment Rate  Unlock3.5%6.0%
 Recent Job Growth  Unlock0.3%1.6%
 Future Job Growth39.6%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$51,031  Unlock$37,638
 Household Income  Unlock$84,558$69,021
 Family Median Income$131,044  Unlock$85,028
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 Est. Households By Income
 Troy, MIFarmington, MIUnited States
 Income Less Than 15K  Unlock4.1%9.4%
 Income between 15K and 20K1.3%  Unlock3.8%
 Income between 20K and 30K  Unlock8.2%8.1%
 Income between 30K and 40K4.2%  Unlock8.0%
 Income between 40K and 50K  Unlock8.5%7.6%
 Income between 50K and 60K5.0%  Unlock7.2%
 Income between 60K and 75K  Unlock8.3%9.6%
 Income between 75K and 100K13.6%  Unlock12.8%
 Income between 100K and 150K  Unlock18.1%16.3%
 Income between 150K and 200K12.8%  Unlock7.8%
 Income greater than 200K  Unlock10.0%9.5%
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 Population By Occupation
 Troy, MIFarmington, MIUnited States
 Management, business, finance23.2%  Unlock16.4%
 Engineering, computers, science  Unlock21.1%6.5%
 Community, social services1.0%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library5.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology9.2%  Unlock6.2%
 Healthcare support  Unlock3.8%3.3%
 Firefighters, law enforcement0.7%  Unlock2.1%
 Food preparation, serving  Unlock2.8%5.4%
 Building maintenance2.3%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support18.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.5%  Unlock8.1%
 Production, transportation, material moving  Unlock9.2%13.1%
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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Reviews for Farmington    0 Reviews

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