Pros and Cons of Living in Troy

Troy's honest tradeoff is a real corporate-headquarters base and strong schools, set against genuinely above-median housing costs and a car-dependent layout.

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Real advantages

Troy offers a real, verified corporate-headquarters base (Kelly Services, Inteva Products, Cummins-Meritor), Troy School District's strong reputation, no separate city income tax, genuinely favorable crime data, and a real, full-service local hospital.

Real tradeoffs

Housing runs genuinely above Michigan's statewide median; Oakland County's property tax rates carry a real, wide spread by municipality; Troy remains genuinely car-dependent with no rail transit; and real, disclosed tornado risk and modest flood exposure both apply.

The net read

For buyers prioritizing corporate-adjacent employment, strong schools, and a low-income-tax environment, Troy's advantages are real and well-documented. For buyers prioritizing the most affordable Michigan housing or transit-optional living, other markets may fit better.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.