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Troy

Troy, Michigan Community

About Troy

troy michigan

Troy, Michigan sits in the center of the suburbs. The city had an estimated population of over 83,000 in 2016 —which makes it one of the biggest cities in Oakland County. Troy is a popular place for business and shopping. It features first-class office centers, and proximity to the famous Somerset Collection–an upscale shopping destination for visitors and residents alike.

Troy is highly touted in terms of safety, cost of living, and education. In 2016 the city ranked as the safest city in Michigan (23rd safest city in the US). Aside from safety, it’s a great place to start a business. As noted by NerdWallet back in 2015, Troy was the 4th best small city in the United States to start a business. Whether you are looking to start a business, find a place for your family, or simply enjoy a high standard of living, Troy is a great option to explore.

Southeast Michigan Communities

Troy Homes

New Listing - 4 weeks online
$1,250,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,800
SQFT
3824 Poppleton Court
Troy, MI 48084
POPPLETON RIDGE OCCPN 2090 Subdivision
New Listing - 2 weeks online
$139,900
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,243
SQFT
2712 Dashwood Drive
Troy, MI 48083
DEQUINDRE ESTATES Subdivision
New Listing - 5 days online
$315,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,155
SQFT
2840 Donegal Drive
Troy, MI 48098
LAKE CHARNWOOD NO 4 Subdivision
Open House 08/24 at 1PM
$175,000
Single Family Home For Sale
Active
3
BED
1
TOTAL BATHS
988
SQFT
211 Kenyon
Troy, MI 48083
Buckingham Acres Subdivision
Open House 08/25 at 1PM
$575,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,869
SQFT
2827 Amberly Lane
Troy, MI 48084
NORTHPOINTE VILLAGE SUB NO 2 Subdivision
New Listing - 2 weeks online
$295,000
Single Family Home For Sale
Active
3
BED
1
TOTAL BATHS
1,161
SQFT
855 Norwich Drive
Troy, MI 48084
TROYTON MANOR SUB - TROY Subdivision
New Listing - 4 weeks online
$1,100,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
3,176
SQFT
6666 Limerick Lane
Troy, MI 48098
LAKE CHARNWOOD NO 1 Subdivision
Price Change - 3 weeks ago
$209,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,266
SQFT
2135 Stratford Drive
Troy, MI 48083
CARLSTON HEIGHTS SUB Subdivision

Troy Median Household Income

The city is home to a variety of businesses, from small family-owned organizations to enterprise level corporate outfits. The median household income for Troy was $96,000 as of the 2016 census. The median resident age is 44. Things in the city are even keel, with a population of 50% males and nearly 50% females.

Neighborhoods & Subdivisions

troy subdivisionsThere are dozens of communities and developments to check out in Troy–from single town homes and multi-generation family homes, to dream spots for land development. Some of the top neighborhoods include:

  • Parkview Estates – This is a quaint, impressive neighborhood in the 48083 zip code. These colonial style homes are beautiful, giving residents plenty of curb appeal. This includes features like rear decking, large foyers, and high ceilings. Gourmet kitchens and formal dining rooms are also par for the course. Most homes are 3 to 4 bedrooms, with 2 to 3 baths and feature attached garages.
  • Raintree Villagethere are 60 houses in this development, all with premium features. Sitting in the center of town, parents can enjoy the benefits of being close to the highly rated Troy School District. These homes offer residents privacy as well as close proximity to freeways, giving residents easy access to fine dining and excellent shopping.
  • Athens Meadows – this affluent area is located north of East Wattles Road, and west of Rochester road, in the 48085 zip code. Most of the homes in this subdivision are colonial style, but there are some ranch and contemporary styles homes available. Athens Meadows is walking distance from numerous schools. The houses feature large rooms, bright kitchens, and lots of windows for natural light. You will find houses with 3 to 5 bedrooms, with attached garages and full sized basements.

History

troy historic greenTroy plays a part of southeast Michigan’s rich rural history. Pioneers first settled on the land in early 1800s, coming from the state of New York. Some settlers arrived by wagon by way of Ohio, while others came through the Erie Canal and the Great Lakes. Early settlers cleared land and farmed their own crops. The earliest known purchase of land that we know today as Troy happened in 1819, which was called the “Troy Township.”

Not long after, a 160 acre settlement called “Troy Corners,” was purchased by Johnson Niles. This land is now known as the north central region of Troy. By the 1880s, Troy was firmly established–well known for crops like wheat, corn, and fruits along with animal byproducts like wool and dairy.

 

As part of a plan to keep border cities from taking more land, Troy was officially incorporated in the year 1955. After World War II, the city experienced exponential industrial growth, and today boasts a diverse community of over 80,000 people.

$316,000

Median Home Price

$1,800

Median 1-Bedroom Rent

2.5%

Estimated Price Increase Next Year

Troy Home Values

troy home valueHome prices in Troy are stable and on the rise. The price of the median home value in Troy, MI is $316,000. Based on the prices in the past two years, the home values have gone up almost 4%, and are predicted to rise another 2.5% in the next year.

Median Home Price

Ann Arbor Median Home Price

Source: TUBS [CC BY-SA 3.0]

The average list price per square foot in Troy is $165, which is above average compared to the surrounding areas. Median home prices of houses currently on the market equal $350,000, while the median price of homes that sold are $269,000.

Median Rent

Troy’s median rent price reached $1,800, which is also higher than the surrounding areas.

School Districts

troy schools

Troy contains six school districts for the communities. There are dozens of highly rated schools that serve students of various age levels and abilities. The Troy School District is a highly rated public school district. It has around 13,000 students from preschool age to high school. The ratio of children to teachers is a favorable 17 to 1.

State testing also indicates that the students of Troy are getting great educations. Additionally, this district is renowned for being a safe place. It ranks as one of the safest schools in Michigan to be a student, as well as a teacher.

Let’s take a look at some of the top schools in the area below.

  • International Academyaccording to state test scores, 98% 0f the students in this 9-12th grade school are proficient in math, and 96% in reading.
  • Troy High Schoolwith a student teacher ratio of 17 to 1, teachers are able to give students the attention they deserve.
  • Ernest W. Seaholm High School another great school with a student teacher ratio of 14 to 1.
  • Wass Elementary School this is another highly rated school with great test scores and a low student to teacher ratio.

Parks & Recreation

troy parks and recreation

Troy hosts a variety of options when it comes to recreation. Visitors and residents alike can enjoy a diverse mix of open spaces, natural habitats, and recreational facilities. From golf courses and fishing spots to indoor sports courts and playgrounds for the kids–there is always something fun to do. Below we have a list of some of the top places to play, have fun, and enjoy in the city of Troy.
  • Red Oaks Waterpark – located just a short drive away in Madison Heights, this is a nice place for a family outing, with attractions for kids of all ages.
  • Stage Nature Center – a beautifully manicured nature reserve where you can hike and enjoy the outdoors. Perfect for a peaceful walk.
  • Troy Historic Village – take a trip back in time and checkout how the people of yesteryear lived with this full scale replica of life in the 1800s.
  • Bloomer Park – come here for outdoor sports (especially bicycling). It’s a great stop of mountain bikers of all experience levels.
  • Bharatiya Temple – step into another world and visit this famous Hindu temple for a visit, or take part in one of their many events.

Restaurants, bars, shops

somerset mall troy

If you are looking for a good place to eat you have your work (or your food) cut out for you. Troy is full of interesting shopping destinations, and places to eat or grab a drink. There are a variety of options to choose from, so we will just focus on a few of the top rated establishments.

Noble Fish is a prime sushi spot where you can get the freshest catch and amazing Japanese style food. If you are in the mood for some comfort food taken to the next level, checkout Chadd’s Bistro and try one of their sandwiches. Another popular eatery is Chickpea Kitchen, which we hear is similar to Chipotle with a base of Mediterranean flavor profiles.

There are plenty of places to enjoy a pint and have some delicious bar foods. Two of the most popular spots to eat appetizers and quench your thirst are the Redcoat Tavern, and Clubhouse BFD. The Redcoat Tavern has a hearty menu, and is known for serving up a wide array of different dishes. Clubhouse BFD provides a relaxed atmosphere, as well as high quality food and drink for those looking to unwind.