Economy & Jobs — New Troy, Michigan

Income & Employment

Median Household Income (Census)$56,776
Estimated 2026~$68,700
Per Capita Income$37,677
Poverty Rate34.2%
Unemployment Rate2.1%
In Labor Force223

Top Industries

IndustryShare
Manufacturing37.8%
Retail17.6%
Arts Food12.2%

Local Businesses (County)

TypeCount
Full Service Restaurants137
Fast Food122
Physician Offices112
Real Estate Offices59
Gas Stations57
Insurance Agencies56
General Merchandise47
Auto Repair47
Dental Offices47
Hotels Motels40
Commercial Banks35
Beauty Salons32
Child Day Care32
Grocery Stores30
Law Offices29
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.