Everything You Need to Know About Moving to Troy, Michigan

Considering a Move to Troy, Michigan? Here’s What You Need to Know

If you’re thinking about moving to Troy, Michigan, you’re probably asking the right questions: What’s daily life like? How are the schools? What does housing cost? Is there enough to do? And is it actually a good place to live long-term?

This guide breaks down Troy from a real, client-focused perspective — including lifestyle, cost of living, schools, job opportunities, things to do, and the pros and cons — so you can decide if Troy fits what you’re looking for.

Lifestyle Overview of Troy, Michigan

Troy is a city in Oakland County, Michigan, with a population of roughly 84,000 residents. It’s known for its diverse population, strong school systems, major employment centers, and well-maintained neighborhoods.

Troy feels more like a polished, business-forward suburb than a traditional “small downtown town.” It’s clean, organized, and highly developed, with a strong emphasis on education, corporate presence, and convenience. Many residents are professionals who value access to jobs, shopping, and quality public services.

Search For All Homes For Sale
See My Home's Current Value

Things to Do in Troy

Troy offers a solid mix of outdoor recreation, family amenities, and entertainment.

The city maintains several large parks, including Boulan Park (122 acres) and Firefighters Park (48 acres). These parks feature walking trails, playgrounds, picnic areas, and sports fields, making them popular for everyday recreation.

During the warmer months, the Troy Family Aquatic Center is a major draw, offering water slides, a lazy river, and pool areas for all ages.

For shopping and dining, Troy stands out. Somerset Collection is one of Michigan’s premier upscale shopping destinations, featuring retailers like Nordstrom, Neiman Marcus, and other high-end brands. Oakland Mall provides additional retail options with a more traditional mall mix.

Restaurants range from casual chains to international cuisine, reflecting Troy’s diverse population.

Troy, Michigan - Wikipedia


Cost of Living and Home Prices in Troy

Troy’s cost of living is higher than the national average, but it’s fairly typical for Oakland County and competitive with neighboring communities offering similar amenities.

Housing is the largest contributor to overall costs. The median home price in Troy is approximately $375,000, though this varies by neighborhood, home type, and school district. You’ll find a mix of mid-century ranches, colonials, newer subdivisions, and condos.

While Troy isn’t considered a “budget” city, many buyers feel the pricing aligns with the quality of schools, infrastructure, and long-term stability.


Schools in Troy

Troy is widely recognized for its public schools.

The Troy School District includes multiple elementary, middle, and high schools and is consistently ranked among the top districts in Michigan. Graduation rates hover around 97%, and both Troy High School and Athens High School are known for strong academic performance.

In addition to public schools, Troy also offers private and faith-based education options, giving families multiple paths depending on their preferences.


Attractions and Entertainment Nearby

Beyond parks and shopping, Troy offers access to several regional attractions.

The Troy Historic Village provides a look into the area’s past, featuring preserved historic buildings and educational programming. It’s a quieter attraction, but one that adds character to the city.

Troy is also a short drive from major regional destinations like the Detroit Zoo, downtown Birmingham, Royal Oak, and other Metro Detroit entertainment hubs.

Troy Home Values: What Sellers Should Know


Job Market and Employment Opportunities

Troy is one of Metro Detroit’s strongest employment centers.

The city is home to numerous corporate offices and headquarters, including major employers like General Motors, Kelly Services, and various automotive, engineering, tech, and professional services firms.

Unemployment rates in Troy tend to remain below state averages, and the median household income is around $92,000, reflecting the city’s strong professional base.

For commuters, Troy’s proximity to I-75 and major corridors makes it accessible to surrounding job markets as well.


Pros and Cons of Living in Troy, Michigan

Like any city, Troy has clear strengths and a few tradeoffs.

Pros

  • Highly rated public schools
  • Diverse population and culture
  • Strong job market and corporate presence
  • Extensive shopping and dining options
  • Well-maintained parks and city services

Cons

  • Higher cost of living compared to some nearby cities
  • Traffic congestion during peak commute hours
  • Limited traditional walkable downtown area

New Home Communities Troy | Robertson Homes


Is Troy, Michigan a Good Place to Live?

Overall, Troy is a strong choice for people looking for a well-established, professionally oriented suburb with excellent schools, job access, and amenities. While it may not offer a classic downtown or low housing prices, it delivers consistency, stability, and long-term livability.

If Troy aligns with what you value — whether that’s education, employment, or convenience — it’s a city worth serious consideration in Southeast Michigan.

If you have questions about Troy or want help comparing it to nearby communities, feel free to reach out anytime.


Helpful Troy, Michigan Resources

Fun Things to Do in Troy:
https://bit.ly/3IPr3aU

History of Troy, Michigan:
https://bit.ly/3ure4H4

Search For All Homes For Sale
See My Home's Current Value
living in michigan | andrew mcmanamon realtor

Andrew McManamon

Founder of Living In Michigan
Michigan Realtor®
[email protected]
Contact Us
www.LivinginMichigan.com

Check Out the EXCLUSIVE "Living In Michigan" Apparel HERELiving In Michigan apparel

Subscribe to the Living in Michigan Newsletter HEREliving in Michigan newsletter | michigan realtor |andrew mcmanamon realtor | living in michigan

Check out recent articles

Top 5 Luxury Neighborhoods In Novi Michigan

Top 5 Luxury Neighborhoods In Novi Michigan

Discover the top 5 most prestigious neighborhoods…

Living in Ann Arbor: A Comprehensive Guide

Living in Ann Arbor: A Comprehensive Guide

Thinking about living in Ann Arbor Michigan?…

The Michigan Real Estate Market Is Getting HOT!

The Michigan Real Estate Market Is Getting HOT!

The Michigan housing market is heating up…