2025 Compare Cities Economy:
Troy, MI vs Prior Lake, MN

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Highlights
- Household income in Prior Lake, is 8% more than it is in Troy and is 40% above the National Average.
- Troy unemployment rate is 2.9%.
- Prior Lake unemployment rate is 3.8%.
 Troy, MIPrior Lake, MNUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth39.6%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$51,031  Unlock$37,638
 Household Income  Unlock$115,837$69,021
 Family Median Income$131,044  Unlock$85,028
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 Est. Households By Income
 Troy, MIPrior Lake, MNUnited States
 Income Less Than 15K  Unlock2.6%9.4%
 Income between 15K and 20K1.3%  Unlock3.8%
 Income between 20K and 30K  Unlock3.8%8.1%
 Income between 30K and 40K4.2%  Unlock8.0%
 Income between 40K and 50K  Unlock5.2%7.6%
 Income between 50K and 60K5.0%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K13.6%  Unlock12.8%
 Income between 100K and 150K  Unlock21.7%16.3%
 Income between 150K and 200K12.8%  Unlock7.8%
 Income greater than 200K  Unlock23.2%9.5%
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 Population By Occupation
 Troy, MIPrior Lake, MNUnited States
 Management, business, finance23.2%  Unlock16.4%
 Engineering, computers, science  Unlock10.1%6.5%
 Community, social services1.0%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library5.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology9.2%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement0.7%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance2.3%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support18.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair3.5%  Unlock8.1%
 Production, transportation, material moving  Unlock9.7%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 Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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