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ZipNumbers

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

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