Jobs & Economy in Troy
Troy's economy runs genuinely affluent and low-unemployment, anchored by a real corporate-headquarters concentration along the Big Beaver Rd corridor.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreA real, verified corporate-headquarters base
Kelly Services' world headquarters (999 W. Big Beaver Rd.) and Inteva Products' global headquarters (1401 Crooks Rd.) both remain independently, currently Troy-headquartered. Cummins-Meritor -- formerly independent Meritor, acquired by Cummins in August 2022 -- keeps its operations physically based at 2135 W. Maple Rd.
'Automation Alley' and a broad tech/automotive-tech identity
Troy sits at the heart of Michigan's real "Automation Alley" regional identity, home to over 6,000 companies including Fortune 500 and technology firms concentrated along the Big Beaver Rd "Golden Corridor."
A genuinely affluent, low-unemployment local economy
Troy's median household income ran a genuinely affluent $120,757, alongside low unemployment (approximately 3.86%-4.0%) -- both well above Michigan's and the national medians.
Key takeaways
- Kelly Services and Inteva Products remain real, current, independently Troy-headquartered global companies.
- Cummins-Meritor's operations remain in Troy, though Meritor itself was acquired by Cummins in August 2022.
- Troy's median household income ($120,757) and low unemployment reflect a genuinely affluent local economy.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Troy overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert