There are 20 senior apartments serving Troy, Michigan. This includes 1 in Troy and 19 nearby. The median cost per day of a senior apartment in Michigan is around $47, with costs ranging between $11 and $115 per day. On a per month basis, this equates to a median expenditure of $1,408, with costs ranging from around $330 to $3,454. The median yearly cost is $16,896, which is less than the national average of $18,480.
Costs for senior apartments in Troy, MI range between $352 per month and $2,904 per month. The median cost is $1,584 per month, or about $19,008 yearly.
Located within Oakland County, Troy is a mid size city in the State of Michigan. It is included in the Detroit-Warren-Livonia metro statistical area. While the encompassing area includes 3,457,808 residents, there are 80,980 within the city. Those over 55 represent approximately 28% of the total population.
The SeniorScore™ for Troy is 86. The average home price in the city is $228,000, which is higher than the state average of $177,000. Troy has an average unemployment rate of about 7.79%. The city's average household income is $89,000 ($41,000 per capita), compared to the average of $46,000 for the whole of Michigan.
Troy has harsh mean temperatures, with cold winters and mildly warm summers. The area receives low levels of rain each year. In comparison to other American cities, Troy has an exceptionally low rate of crime and subpar air quality.