How many renters in Troy, MI pay more than 30% of their income on rent?

Name: Rent burden in Troy, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

34.4% (±4.7 points) of renting households in Troy, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

27.4% spend 35% or more.

The median renting household spends 25.7% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 34.4% (±4.7 points)
Paying 35% or more: 27.4% (±4.1 points)
Median share of income: 25.7% (±1.3 points)

Rent as a share of income in Troy

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Troy	Oakland County	Michigan	United States
Less than 15%	15.9% (±2.9 points)	15.2%	13.5%	12.6%
15% to 19.9%	16.8% (±2.7 points)	14.4%	12.2%	12.2%
20% to 24.9%	14.8% (±3.4 points)	13.5%	12.4%	12.6%
25% to 29.9%	18.1% (±4.8 points)	12.0%	11.5%	11.5%
30% to 34.9%	7.0% (±2.2 points)	8.1%	9.0%	9.2%
35% or more	27.4% (±4.1 points)	36.6%	41.4%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Troy against Oakland County, its state and the nation

Estimate (90% margin of error)
	Troy	Oakland County	Michigan	United States
Paying 30% or more	34.4% (±4.7 points)	44.7% (±1.3 points)	50.4% (±0.4 points)	51.1%
Paying 35% or more	27.4% (±4.1 points)	36.6% (±1.1 points)	41.4% (±0.4 points)	41.9%
Median share of income	25.7% (±1.3 points)	27.8% (±0.5 points)	30.2% (±0.3 points)	30.6%
Median renter household income	$73,004 (±$5,204)	$59,047 (±$1,564)	$42,352 (±$376)	$52,966
Median gross rent	$1,602 (±$51)	$1,376 (±$14)	$1,129 (±$4)	$1,413

In Troy, the share of renters paying 30% or more of income is lower than in Oakland County (44.7%).

It is also lower than in Michigan (50.4%).

It is lower than the national figure (51.1%).

In Oakland County, Troy ranks 41 of 49 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 982 of 1,485.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Troy

Nearest places with a published estimate, compared with Troy
Place	Distance	Renters paying 30% or more of income	Compared with this place
Troy	—	34.4% (±4.7 points)	—
Clawson	3.3 mi	36.1% (±10.6 points)	Not measurably different
Birmingham	4.5 mi	39.6% (±9.7 points)	Not measurably different
Bloomfield Hills	5.1 mi	56.1% (±33.6 points)	Not measurably different
Royal Oak	5.3 mi	34.4% (±5.0 points)	Not measurably different
Rochester Hills	5.5 mi	41.1% (±4.8 points)	Not measurably different
Madison Heights	5.7 mi	41.3% (±8.6 points)	Not measurably different
Sterling Heights	5.9 mi	56.9% (±5.0 points)	Higher
Berkley	6.2 mi	36.6% (±13.7 points)	Not measurably different

Nearby places with a measurably higher figure: Sterling Heights, MI (56.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Oakland County, place by place

Rank	Place	Renters paying 30% or more of income
35	Orion Charter Township	39.5% (±8.0 points)
36	Novi	38.7% (±4.4 points)
37	Ferndale	36.8% (±9.6 points)
38	Berkley	36.6% (±13.7 points)
39	Clawson	36.1% (±10.6 points)
40 (tie)	Royal Oak	34.4% (±5.0 points)
40 (tie)	Troy	34.4% (±4.7 points)
42	Independence Charter Township	31.9% (±9.6 points)
43	Bloomfield Charter Township	29.8% (±9.8 points)
44	Farmington	24.3% (±7.7 points)
45	Lathrup Village	14.8% (±18.2 points)
46 (tie)	Huntington Woods	0.0% (±48.5 points)
46 (tie)	Orchard Lake Village	0.0% (±111.7 points)

Showing 13 of 49 places in Oakland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Troy

Are renters in Troy rent-burdened?

34.4% of renting households in Troy pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Troy spend on rent?

The median renting household in Troy, MI spends 25.7% (±1.3 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Troy city, Michigan (place:80700, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.