2024 Compare Cities Economy:
Troy, MI vs Monterey, CA

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Highlights
- Household income in Monterey, is 21% less than it is in Troy and is 19% above the National Average.
- Troy unemployment rate is 2.9%.
- Monterey unemployment rate is 3.8%.
 Troy, MIMonterey, CAUnited States
 Unemployment Rate2.9%3.8%6.0%
 Recent Job Growth0.3%1.8%1.6%
 Future Job Growth39.6%33.1%33.5%
 Sales Taxes6.0%8.8%6.2%
 Income Taxes4.3%8.0%4.6%
 Income per Cap.$51,031$52,631$37,638
 Household Income$107,550$85,365$69,021
 Family Median Income$131,044$115,299$85,028
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 Est. Households By Income
 Troy, MIMonterey, CAUnited States
 Income Less Than 15K6.1%5.2%9.4%
 Income between 15K and 20K1.3%2.5%3.8%
 Income between 20K and 30K4.6%7.0%8.1%
 Income between 30K and 40K4.2%7.9%8.0%
 Income between 40K and 50K3.9%5.9%7.6%
 Income between 50K and 60K5.0%4.0%7.2%
 Income between 60K and 75K7.2%11.4%9.6%
 Income between 75K and 100K13.6%13.2%12.8%
 Income between 100K and 150K21.7%18.0%16.3%
 Income between 150K and 200K12.8%11.4%7.8%
 Income greater than 200K19.4%13.7%9.5%
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 Population By Occupation
 Troy, MIMonterey, CAUnited States
 Management, business, finance23.2%18.6%16.4%
 Engineering, computers, science20.2%9.7%6.5%
 Community, social services1.0%1.8%1.8%
 Legal1.2%1.5%1.2%
 Education, library5.8%11.3%6.2%
 Arts, design, media, sports, entertainment1.9%4.5%2.0%
 Healthcare practitioners and technology9.2%7.0%6.2%
 Healthcare support1.6%2.6%3.3%
 Firefighters, law enforcement0.7%3.5%2.1%
 Food preparation, serving2.8%7.9%5.4%
 Building maintenance2.3%4.0%3.6%
 Personal care2.5%3.3%2.6%
 Sales, office, administrative support18.2%14.0%20.9%
 Farming, fishing, forestry0.1%1.1%0.6%
 Construction, extraction, maintenance/repair3.5%4.2%8.1%
 Production, transportation, material moving5.8%5.1%13.1%
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 Monterey    21 Reviews

Over 7 years ago

The Monterey city area is an excellent place to live and one of the few California locales where it's relatively safe to raise a family. If I could no longer live here I  More

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I grew up on the Monterey Peninsula and had to leave to climb out of poverty. The median income is $35,000 and outside of the military, the jobs are mostly service  More

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My husband and I are just crazy about Monterey. I wonder if we take housing expenses (mortgage or rent) out of the picture, is Monterey still a very expensive city to  More

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