Demographics

Estimated Population by Age 2000 Census 0-4 Years  6% 5-17 Years 20% 18-34 Years 19% 35-64 Years 45% 65+ Years 10% Meridian Age 34.8 Per Capita Income (in 1989 dollars) $23,249 (Source: SEMCOG)

Population by Race Residents 82,503* The 2004 estimated population for Troy is 85,556; 4,597 residents or 5.7% greater than the 2000 census. In terms of population, Troy is the 12th largest city in Michigan. White 67,910 Black 1,883 American Indians 382 Asian 11,299 Pacific Islander 59 Other 970 *2000 maximum total population will be more than the community’s actual total population as those persons marking more than one race are counted in each race they marked. (Source: SEMCOG)

Troy Land Use   Acres Developed Acres Vacant Single Family Residential 11,945 1,708 Multiple Family Residential 882 69 Commercial 742 25 Office & Research 1,349 116 Industrial 1,826 81 (Source: City of Troy Planning Department)

Working Capital 2005 Tax Base $5,264,351,550 taxable value 45% business 55% residential $6,526,074,330 assessed valuation 44% business 56% residential (Source: City of Troy Assessing Dept.)

Occupations of Employed Residents 16+ Years Old Executive, managerial and professional 44% Technical, sales & administrative support 33% Precision products & craft 9% Service 7% Operators & laborers 5% Farming, forestry & fishing .5% Transportation & material moving 2%

Population & Households Population 80,959 Number of Households 30,872 Household Size 2.69 (Source: April 2000 Census)

Troy Housing Facts Average selling price in 2004 of a:   Single-family home   Condominium $294,235 $230,057 Price range of Homes $42,500 to $1,040,000 Price range of Condos $98,500 to $805,427 Average single-family detached home assessment $146,232 Average tax-levy for above based on 2000 rates and Troy School District residency $5,276 Rental range for 1-bedroom apartments $500-1,000 Rental range for 2-bedroom apartments $800-2,300 (Source: City of Troy Assessing Department)