Novi vs Troy

A side-by-side comparison of Novi and Troy: population, income, housing, and more.

Novi and Troy are places in Michigan. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Troy has the higher population (87,307 vs 66,224 in Novi). Troy has the higher median household income ($119,299 vs $110,938 in Novi). Novi has the higher median home value ($399,100 vs $396,800 in Troy).

Population, income & housing

	Novi	Troy
Population	66,224	87,307
Median age	39.9 yrs	42.2 yrs
Median household income	$110,938	$119,299
Median home value	$399,100	$396,800
Median gross rent	$1,696	$1,557
Housing units	27,934	34,997
Homeownership rate	68.0%	74.2%
Bachelor's degree or higher	61.2%	64.1%
Unemployment rate	3.8%	4.0%

Trends (ACS 5-year, 2019–2023)

	Novi	Troy
Population	60,014 → 66,224 (+10.3%)	83,989 → 87,307 (+4.0%)
Median household income	$98,020 → $110,938 (+13.2%)	$101,882 → $119,299 (+17.1%)
Median home value	$322,100 → $399,100 (+23.9%)	$301,500 → $396,800 (+31.6%)
Median gross rent	$1,347 → $1,696 (+25.9%)	$1,215 → $1,557 (+28.1%)

Novi

Population

60,01466,224

Median household income

$98,020$110,938

Median home value

$322,100$399,100

Median gross rent

$1,347$1,696

Troy

Population

83,98987,307

Median household income

$101,882$119,299

Median home value

$301,500$396,800

Median gross rent

$1,215$1,557

Age & race/ethnicity

Age distribution (share)

	Novi	Troy
Under 5	5.1%	4.6%
5 to 17	18.9%	16.3%
18 to 24	6.2%	9.2%
25 to 34	11.9%	10.9%
35 to 44	15.3%	12.3%
45 to 54	15.1%	14.8%
55 to 64	12.2%	14.1%
65 to 74	8.8%	10.9%
75 and over	6.6%	6.8%

Race & ethnicity (share)

	Novi	Troy
White (non-Hispanic)	56.9%	62.6%
Black or African American	8.3%	4.1%
American Indian & Alaska Native	0.1%	0.2%
Asian	25.5%	26.1%
Native Hawaiian & Pacific Islander	0.0%	0.1%
Some other race	0.4%	0.6%
Two or more races	3.9%	3.7%
Hispanic or Latino	4.9%	2.7%

Educational attainment (age 25+)

Share of adults 25+

	Novi	Troy
No high school diploma	3.3%	4.2%
High school graduate	13.0%	12.5%
Some college or associate's	22.4%	19.2%
Bachelor's degree	32.6%	32.7%
Graduate or professional degree	28.6%	31.4%

Commute to work

How workers get to work (share)

	Novi	Troy
Drove alone	73.5%	71.8%
Carpooled	6.1%	5.7%
Public transit	0.2%	0.2%
Walked	0.6%	1.0%
Bicycle	0.3%	0.3%
Worked from home	18.7%	20.2%
Other means	0.6%	0.9%

Housing

Units in structure (share)

	Novi	Troy
1-unit, detached	50.6%	71.5%
1-unit, attached	12.0%	5.7%
2 to 4 units	5.8%	4.2%
5 to 19 units	13.9%	11.3%
20 or more units	11.3%	6.6%
Mobile home & other	6.4%	0.7%

Poverty & households

	Novi	Troy
Poverty rate	4.7%	5.3%
Average household size	2.49	2.61
Mean commute (minutes)	26	25
Median year structure built	1992	1977