Michigan · Census place 57660
New Troy CDP, MI
Quick answer
New Troy CDP has 379 residents, ranking #591 of 745 places in Michigan. Median household income is $60,250, the median home is worth $174,400 and median gross rent runs $975 a month.
- Population
- 379New Troy CDP residents
- Median household income
- $60,250Past 12 months, inflation adjusted
- Median home value
- $174,400Owner-occupied units
- Median gross rent
- $975Rent plus utilities, monthly
- Median age
- 33.9 yrsAll residents
- Homeownership rate
- 77.3%Owner-occupied households
What the numbers mean in New Troy CDP
Housing cost measured against local earnings.
A household earning the New Troy CDP median would spend about 19.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 29.1% of residents and 77.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Otter Lake village 387
- Empire village 384
- Brimley CDP 379
- Rothbury village 377
- Luther village 375
- Advance CDP 372
- Powers village 370
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