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Troy, Michigan economic and social conditions

Take into consideration the economic profile of the region. Michigan The overall cost of living in Troy, Michigan is approximately 80.2581 number, with 102.0323 pints out of 100 for food, 97.2258 points for health and 104.3548 for transportation.Michigan ranks 14 among the 50 states. In terms of unemployment Troy, Michigan ranks only 5.8%, which is considered a relatively low figure in comparison with other states.

Below is some helpful information on income, employment, occupation and etc. in the city.

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In the past 12 months the median family income in Michigan was $48,043.

Michigan Cost of living (2006)
Cost of Living Indexes Michigan USA
Overall 80.26 100
Food 102.03 100
Housing 45.35 100
Utilities 89.1 100
Health 97.23 100
Miscellaneous 100.90 100
Transportation 104.35 100
Top Highest-Paid States (2006 Year)
Rank State The mean hourly wage The mean annual wage
1 District of Columbia $30 $61,500
... ... ... ...
13 Virginia $20 $41,450
14 Michigan $20 $41,230
15 Illinois $20 $40,910
... ... ... ...
54 Puerto Rico $11 $23,190
 
Jobs/Salaries in Michigan (2006 Year)
Rank State Jobs Hourly Annualy
1 NV Entertainment attendants and related workers, all other 11 None
... ... ... ... ...
9 LA Entertainment attendants and related workers, all other 9 None
10 MI Entertainment attendants and related workers, all other 9 None
11 TX Entertainment attendants and related workers, all other 8 None
... ... ... ... ...
13 NM Entertainment attendants and related workers, all other 8 None
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Employed/Unemployed Stats (2000 Year)
Rank Location: Employed
(in thousands)
Unemployed
(in thousands)
Unemployed Rate
1 Jefferson Parish, LA None None None%
... ... ... ... ...
2382 West Carroll Parish, LA 4,898 304 5.8%
2383 Oakland County, MI 594,361 36,329 5.8%
2384 Covington County, MS 8,220 508 5.8%
... ... ... ... ...
3218 Wade Hampton Census Area, AK 2,026 528 20.7%


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