Add data for Troy, MI. The graph shows the average net price by sector and year. The 25 Best Cities in the U.S. by Rent-to-Income Ratio To maintain your standard of living in Troy, Data is only available at the state level. The US average is 6.0%. Troy, Michigan Population 2023 - World Population Review General Manager Salary In Troy, MI (August 2023) - Zippia 21%. the .gov website. Troy is a northern suburb of Metro Detroit, located about sixteen miles (26 km) northwest of downtown Detroit . A lock ( The cost of living in Troy, MI is 6 percent higher than the national average. Planning a move to another town, city or state? $32,000 yearly. From 2019 to 2020, employment in Troy, MI grew at a rate of 1.48%, from 41.9k employees to 42.5k employees. If you plan to drive to work, also do some research on average traffic in your destination town or city. An amount below 100 means Troy is cheaper than the US average. This visualization illustrates the percentage distribution of the population according to the highest educational level reached. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. This is expected to increase 74% to $1.16T by 2050. Overview. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. You are entitled to be paid the higher state minimum wage. Police officer salary in Troy, MI - Indeed Salaries. Average Accountant Salary in Troy, Michigan - Payscale Troy, Michigan is the largest wealthiest suburb of Detroit. Some parts 2023 Advameg, Inc. Methodology: The 20 Richest Cities in Michigan - Money Inc What is the population of Troy? The homeownership rate in Troy, MI is 74.5%, which is approximately the same as the national average of 64.4%. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Please note: Unemployment data updated May 2023. Rental Assistance Programs Looking for government and non-profit programs to assist you with paying for your rent? Go ahead and explore our products to add to your cart to get started! - Tax Rates can have a big impact when Comparing Cost of Living. Get Your Estimate 2021 Hourly Minimum Wage in Troy, MI Minimum Wage $9.65 hourly Troy, MI minimum wage rate is $9.65 per hour. These are tabulated as the languages people preferentially speak when they are at home with their families. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. High $79,651. $107,000 90%. 48084 Zip Code (Troy, MI) Detailed Profile - City-Data.com LOCATION 1122 S. Rochester Road Rochester Hills MI US 48307. Utilities tend to cost 0.11% Best Credit Cards for International Travel. Change of employer: Tax Rates for Troy - The Sales Tax Rate for Troy is 6.0%. The closest comparable wage GINI for Troy, MI is from Michigan. Low $67,071. By race, the largest number of students enrolled was concentrated in White with 3,498 records, of which 60.9% were women and 39.1% men. This is how city residents have self-reported their race and ethnicity to the US Census. 3.00) Plus, get a Free Interview Meal. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? that oversees more junior Accountants, this experience can increase the likelihood to earn more. 2.33% of the people in Troy, MI are hispanic (1.96k people). ) or https:// means youve safely connected to The median household income in Troy, MI in 2021 was $98,170, which was 35.3% greater than the median annual income of $63,498 across the entire state of Michigan. The average salary for an Accountant in Troy, Michigan is $54,905 in 2023. higher in Troy, The following map shows the amount of trade that Michigan shares with each state (excluding itself). Some areas have more affordability and availability of healthcare options than others, and depending on your specific needs, you may need to prioritize moving to areas with lower healthcare costs. Troy, MI Housing Authority. March 2022 cost of living index in Troy: 98.8 (near average, U.S. average is 100) Troy, MI residents, houses, and apartments details. COST OF LIVING: Troy: Michigan: USA Overall: 111.3: 91.5: 100 Grocery: 100.9: 93.4: 100 Health: 79.9: 84.8: 100 Housing: 125.2: 71.2: 100 The search engine finds the neighborhoods that are the optimum fit to the set of criteria you choose. Top companies for Engineers in Troy, MI Expedia Group 3.9 Using averages, employees in Troy, MI have a shorter commute time (25.8 minutes) than the normal US worker (26.9 minutes). The average salary in Troy, MI is $40,948 per year or $19.69 per hour. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. This visualization shows the gender distribution of the population according to the academic level reached. If so, our Product Demonstrator role may be a great fit for you! Most people in Troy, MI drove alone to work, and the average commute time was 25.8 minutes. Do you live in Troy, MI? Low Income Apartments For Rent in Troy, Michigan - Affordable Housing More traffic means more gas spent. is now hiring Delivery Drivers. The industries with the best median earnings for men in 2020 are Manufacturing ($104,080), Educational Services, & Health Care & Social Assistance ($88,019), and Information ($84,412). Private for-profit, 4-year or above ($920) is the sector with the highest median state fee in 2021. What your skills are worth in the job market is constantly changing. In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. lower. The biggest factors in any move are the standard of please see the Vintage 2022 release notes available here: Release Notes. 41 salaries reported, updated at July 5, 2023 Is this useful? 86.5% of the residents in Troy, MI are U.S. citizens. Troy is a city in Oakland County, Michigan, United States. The people living in ZIP code 48084 are primarily white. The NeighborhoodScout search engine is covered under US Patents No. US-born citizens make up 69.75% of the resident pool in Troy, while non-US-born citizens account for 16.92%. Accountants perform financial calculations for companies in a wide variety of fields. Virtual Tour. Troy, Michigan Salary | PayScale Novi, MI | Data USA The following chart shows elected senators in Michigan over time, excluding special elections, colored by their political party. Secure .gov websites use HTTPS Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Overview. There were 21.8k Asian (Non-Hispanic) and 2.76k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups. on how to increase your pay. Estimates are not comparable to other geographic levels due to methodology differences that may exist between different data sources. Percentage of residents living in poverty in 2021: 7.1% Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload, Project Manager, (Unspecified Type / General). Try another search query or, New research shows how to set pay for remote employees. Raw data sources: In Vintage 2022, as a result of the formal request from the state, Connecticut transitioned from eight counties to nine planning regions. LOCATION 29720 Southfield Rd Southfield MI US 48076. - Tax Rates can have a big impact when Comparing Cost of Living. Economy in Troy, Michigan - Sperling's BestPlaces Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. In 2020, insured persons according to age ranges were distributed in 22.3% under 18 years, 18.9% between 18 and 34 years, 41.7% between 35 and 64 years, and 17.2% over 64 years. 10. Troy Salaries, Average Salary & Jobs Pay in Troy, MI Troy, Michigan - City-Data.com Michigan Schools and Government Credit Union, Potbelly Restaurant Team Member - 26221 Evergreen Rd. Measuring America's People, Places, and Economy, Population Estimates, July 1, 2022, (V2022), Population estimates base, April 1, 2020, (V2022), Population, percent change - April 1, 2020 (estimates base) to July 1, 2022, (V2022), American Indian and Alaska Native alone, percent, Native Hawaiian and Other Pacific Islander alone, percent, White alone, not Hispanic or Latino, percent, Owner-occupied housing unit rate, 2017-2021, Median value of owner-occupied housing units, 2017-2021, Median selected monthly owner costs -with a mortgage, 2017-2021, Median selected monthly owner costs -without a mortgage, 2017-2021, Living in same house 1 year ago, percent of persons age 1 year+, 2017-2021, Language other than English spoken at home, percent of persons age 5 years+, 2017-2021, Households with a computer, percent, 2017-2021, Households with a broadband Internet subscription, percent, 2017-2021, High school graduate or higher, percent of persons age 25 years+, 2017-2021, Bachelor's degree or higher, percent of persons age 25 years+, 2017-2021, With a disability, under age 65 years, percent, 2017-2021, Persons without health insurance, under age 65 years, percent, In civilian labor force, total, percent of population age 16 years+, 2017-2021, In civilian labor force, female, percent of population age 16 years+, 2017-2021, Total accommodation and food services sales, 2017 ($1,000), Total health care and social assistance receipts/revenue, 2017 ($1,000), Total transportation and warehousing receipts/revenue, 2017 ($1,000), Mean travel time to work (minutes), workers age 16 years+, 2017-2021, Median household income (in 2021 dollars), 2017-2021, Per capita income in past 12 months (in 2021 dollars), 2017-2021, Total employment, percent change, 2020-2021, Men-owned employer firms, Reference year 2017, Women-owned employer firms, Reference year 2017, Minority-owned employer firms, Reference year 2017, Nonminority-owned employer firms, Reference year 2017, Veteran-owned employer firms, Reference year 2017, Nonveteran-owned employer firms, Reference year 2017. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Troy is currently declining at a rate of -0.33% annually and its population has decreased by -0.99% since the most recent census, which recorded a population of 87,125 in 2020. Compared to the median income of $77,538 in 2000 this represents an increase of 21.0%. Living Wage Calculator - Living Wage Calculation for Michigan Troy, MI | Data USA Rochester Hills, MI | Data USA Median income: $76,347; Average rent: $953 (monthly), $11,436 (yearly) Rent-to-income ratio: 15.0 percent; . Maybe Salaries by years of experience in Troy, MI View job openings with the years of experience that is relevant to you on Indeed View jobs Is this useful? secure websites. The total income needed is $1,209 Is Average Accountant Salary in Troy, Michigan your job title? There are also plenty of attractions for locals and visitors to enjoy such as Callahan's Music Hall and Splash Park at Troy Civic Center Park. Interstate trade consists of products and services shipped from Michigan to other states, or from other states to Michigan. Do you hunger for more?. The following chart displays the households in Troy, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. Troy, Michigan's cost of living is 6% higher than the national average. Average general manager salary in Troy, MI $59,577 $28.64 hourly. As of 2020, 28.9% of Troy, MI residents (24.3k people) were born outside of the United States, which is higher than the national average of 13.5%. organization in the United States. Under the paragraphs, the average number of awarded degrees by university in each degree is shown. You gotta have it HOT.. hot peppers, hot sandwiches, hot pay!. New York has the second highest (5,087), followed by Florida (4,915). It is located along the Detroit River and near Lake St. Clair, making it a desirable place to live. A cost of living index above 100 means Troy, Michigan is more expensive. Troy, MI, has made a name for itself as a center for business, having been the founding location or home of many major companies related to finance and auto-mechanics. 18.25 including tips! In 2021, the most common concentation for Masters Degree recipients in Troy, MI was Information Technology with 30 degrees awarded. $59,577 Median. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. In 2021 there were 5,144 students enrolled in Troy, MI, 35.5% men and 64.5% women. (1291 TORPEY DRIVE in TROY, MI) (National Center for Education Statistics) - STATE ID-00174 Organizations: . The educational status of the citys residents who are 18 and older. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. This chart shows the number of workers in Michigan across various wage buckets compared to the national average. Cost of Living in Troy, Michigan. Aug 2023. Prices in Troy - Numbeo Troy has a 2023 population of 86,261. In 2020, the top outbound Michigan domestic partner for goods and services (by dollars) was Ohio with $37.2B, followed by Indiana with $33.2B and Texas and $31.6B. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. In 2020, Troy, MI had a population of 84.1k people with a median age of 42.1 and a median household income of $104,132. In 2020, the income inequality in Michigan was 0.471 according to the GINI calculation of the wage distribution. Debbie Stabenow and Gary Peters are the senators currently representing the state of Michigan. Edison Crossing Section 8 Project-Based Voucher is open. Some estimates presented here come from sample data, and thus have sampling errors that may render some apparent differences between geographies statistically indistinguishable. ] In 2020, the median property value in Troy, MI was $318,600, and the homeownership rate was 74.5%. The population was 80,980 at the 20.. More The federal minimum wage is $7.25 per hour while Michigan's state law sets the minimum wage rate at $10.1 per hour in 2023. In 2020, there were 2.53 times more White (Non-Hispanic) residents (55.3k people) in Troy, MI than any other race or ethnicity. In 2020, 82.3% of workers in Troy, MI drove alone to work, followed by those who worked at home (9.38%) and those who carpooled to work (6.2%). Nearby cities for which we have more contributors: Detroit, MI: 22.41 miles: . 7,043,501 and 7,680,859. Troy School District - Michigan - Niche The most common employment sectors for those who live in Troy, MI, are Manufacturing (9,430 people), Health Care & Social Assistance (5,879 people), and Professional, Scientific, & Technical Services (5,446 people). MI. Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights. Please note that new Connecticut county and township level geographies are not available within the map. This chart shows the percentage of owner in Troy, MI compared it's parent and neighboring geographies. In 2021, 393 men were awarded degrees from institutions in Troy, MI, which is 0.558 times less than the 704 female students who received degrees in the same year. Section 8 apartments. In 2020, 0.713% of men over 25 years of age had not completed any academic degree (no schooling), while 0.711% of women were in the same situation. more than your current Each salary is associated with a real job position. Non profit senior and family low income apartments. Income and Salaries for Troy - The average income of a Troy resident is $39,781 a year. Highest Paying Cities In Michigan Average Salary $73,000 Minimum Wage $9.65 What Am I Worth? Lender may use the AMI limits for purposes of determining income eligibility for RefiNow, HomeReady or other loans that have AMI requirements. LOCATION 2169 S Telegraph Road Bloomfield Township MI US 48302. Our cost of living calculator will help you figure out if your move will work for your budget and salary. This is greater than the Federal Minimum Wage of $7.25. Troy, MI Household Income, Population & Demographics | Point2 On 7/4/1957, . We offer great wages, and a fixed schedule! A mid-career Accountant with 5-9 years of experience earns an average total compensation of $62,738 based on 5 salaries. Consider the miscellaneous category the catch-all for all other expenses, like the price of groceries, office supplies, clothing, vet services and more. Average Monthly Net Salary (After Tax) Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate : 6.64: 5.50-6.70: Prices in Troy, Michigan Check our sister website Rental Assistance Programs at RentAssistance.us Between 2019 and 2020 the population of Rochester Hills, MI grew from 74,206 to 74,340, a 0.181% increase and its median household income grew from $93,953 to $99,666, a 6.08% increase. 9 Reviews|Review This Place|Photos and Maps. Low Income Apartments For Rent in Troy, MI - 1,027 Rentals | Apartments.com A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary in Troy, MI is $77k. Troy, MI Low Income Housing 2021 (latest available). Troy has become one of Michigan's most successful cities with many well-known companies headquartered here including Kmart Corporation and Flagstar Bank. Part Time. PayScale's Cost of Living Calculator can help you find out more about how your individual needs will factor in when beginning your research to figure out how much it would cost you to relocate. Showing data for Oakland County, MI. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered. Managing Experience: If you are an Accountant The US average is 7.3%. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. The largest share of households have an income in the $200k+ range. 16.50 including tips!. This service is provided for the sole purpose of showing the applicable Area Median Income (AMI) for each applicable census tract. These are the most common groups that city residents self-reported as their ancestry. In Troy, MI the largest share of households pay taxes in the $3k+ range. The largest share of households in Troy, MI have 2 cars. Troy, MI is home to a population of 84.1k people, from which 86.5% are citizens. Its population was 87,294 at the 2020 U.S. census, [4] making Troy the most populous city in the county and the 13th most-populous municipality in the state. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. Troy, MI salaries are collected from government agencies and companies. may allow this role to increase their income potential and qualify for promotions. A .gov website belongs to an official government Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Entry level positions start at $31,200 per year while most experienced workers make up to $97,500 per year. Foreign Born residents have immigrated to the United States from another country and may or may not be naturalized citizens. Data Sources Academics A+ Diversity A minus Teachers A+ College Prep A+ Clubs & Activities A Administration A+ View Full Report Card Troy School District is a top rated, public school district located in TROY, MI. U.S. Census Bureau QuickFacts: Troy city, Michigan; United States The following chart shows the 7 races represented in Troy, MI as a share of the total population. About In 2020, Novi, MI had a population of 60.4k people with a median age of 39.2 and a median household income of $93,943. In 2020, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 78,782 Michigan residents, followed by India with 74,611 and Iraq with 57,515. The cost of living in any area can vary based on factors such as your career, its average. Different vintage years of estimates are not comparable. This represents a 2.75% increase in employment when compared to February 2022. This chart shows the share breakdown of the primary industries for residents of Troy, MI, though some of these residents may live in Troy, MI and work somewhere else. Income and Salaries for Troy - The average income of a Troy resident is $39,781 a year. Additionally, 1.02% of the workforce in Troy, MI have "super commutes" in excess of 90 minutes. This percentage grew from the previous year's rate of 73.8%. As of 2020, 86.5% of Troy, MI residents were US citizens, which is lower than the national average of 93.4%. Living Wage Calculation for Michigan The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. Between 2019 and 2020 the median property value increased from $301,500 to $318,600, a 5.67% increase. Between 2019 and 2020, the percent of uninsured citizens in Troy, MI declined by 10.1% from 2.75% to 2.47%. The most common educational levels obtained by the working population in 2020 were High School or Equivalent (2.28M), Some college (1.97M), and Bachelors Degree (1.34M). . Studio - 2 Beds. The US average is 7.3%. The cost of living in Troy, MI is 6 percent higher than the national average. In the 2020 presidential election, the popular vote in Michigan went to Joseph R Biden Jr. with 50.6% of the vote. Debbie Stabenow and Gary Peters are the senators currently representing Michigan. Do you hunger for more?. Overview. Each Lender must determine borrower and loan eligibility in accordance . The rule of thumb is not to spend more than 30% of your total income on housing. The most common racial or ethnic group living below the poverty line in Troy, MI is White, followed by Asian and Other. Domestic production and consumption consists of products and services shipped from Michigan to other states, or from other states to Michigan. An official website of the United States government. You can . You are entitled to be paid the higher state minimum wage. The runner-up was Donald J. Trump (47.8%), followed by Jo Jorgensen (1.09%).

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