What is the average salary in Troy, MI?
Salaries in Troy, MI offer a range of opportunities for job seekers. The average yearly salary is around $59,966. This shows a variety of positions available across different sectors.
Different job sectors pay at different levels. The highest-paying jobs often require advanced skills or degrees. For example, those in technology and healthcare often earn more. Most jobs range between $27,000 and $105,636 per year. Some sectors offer even higher salaries, up to $200,000 for top positions.
Here are some average salaries for specific roles:
- Healthcare: $89,909
- IT and Tech: $105,636
- Finance: $74,182
- Education: $42,727
- Retail: $27,000
What are the best paying jobs in Troy, MI?

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Loan Specialist
Average Salary: $183,104
People in this role help clients secure loans for homes, cars, or businesses. Financial institutions and mortgage companies seek dedicated professionals who can navigate complex loan applications. These experts work closely with clients to understand their needs and guide them through the approval process.
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Canvasser
Average Salary: $133,750
Canvassers go door-to-door to gather information or promote products. They speak with residents to gather data for surveys or to promote services. This role allows for interaction with community members and can be with research firms or local businesses.
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Sales Professional
Average Salary: $125,881
Sales professionals sell products or services to customers. They understand client needs and provide solutions. Companies in Troy often seek sales reps with strong communication skills. These positions offer commissions and bonuses.
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Nurse Practitioner
Average Salary: $121,695
Nurse Practitioners provide primary and specialty care. They diagnose and treat illnesses, manage patient care, and prescribe medications. This role involves working in clinics or hospitals. Local healthcare facilities value their expertise.
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Controller
Average Salary: $115,140
Controllers oversee financial reporting and budgeting. They ensure financial compliance and advise on financial strategy. This role requires attention to detail and strong analytical skills. Many companies in Troy need experienced controllers.
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Marketing Manager
Average Salary: $114,099
Marketing Managers develop and implement marketing strategies. They analyze market trends and manage campaigns. This position involves collaboration with creative and sales teams. Local firms seek skilled managers to boost brand presence.
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Financial Advisor
Average Salary: $111,131
Financial Advisors help clients manage their finances. They provide advice on investments, retirement plans, and tax strategies. This role requires strong communication and trust. Many in Troy seek advisors for personalized financial guidance.
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Attorney
Average Salary: $107,351
Attorneys represent clients in legal matters. They handle cases in areas like civil law, criminal law, or business law. This role involves extensive research and courtroom experience. Many law firms in Troy seek skilled attorneys.
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Software Engineer
Average Salary: $104,038
Software Engineers design, develop, and test software applications. They write code and troubleshoot problems. This role requires strong technical skills. Tech companies in Troy value engineers who can innovate and create user-friendly software.
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Electrical Engineer
Average Salary: $100,881
Electrical Engineers design and develop electrical systems. They work on projects like power generation or telecommunications. This role involves problem-solving and technical expertise. Local firms seek engineers who can handle complex projects.
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What are the best paying jobs in Troy, MI without a degree?

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Canvasser
Average Salary: $133,750
Engage with the community to promote local businesses and events. This role can lead to significant earnings, especially with commissions. This position allows for direct interaction with the community.
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Restaurant Manager
Average Salary: $46,209
Oversee the daily operations of a restaurant, ensuring customer satisfaction. Experience with brands like Olive Garden or Red Lobster is helpful. This position requires leadership skills and customer service experience.
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Floor Tech
Average Salary: $38,555
Maintain cleanliness and organization in commercial or industrial settings. Focus on detailed cleaning tasks, often in high-traffic areas. This role is ideal for those who enjoy a clean and tidy work environment.
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Line Cook
Average Salary: $35,642
Prepare meals in a fast-paced kitchen environment. Work under pressure to meet high-quality standards. Experience in local restaurants can be beneficial, offering a dynamic work atmosphere.
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Kitchen Team Member
Average Salary: $35,536
Support various kitchen tasks, from food preparation to cleanup. This role is entry-level but offers a chance to learn essential culinary skills. It is often a stepping stone to higher positions in the food service industry.
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Server
Average Salary: $34,715
Provide attentive service to customers in dining establishments. Build rapport with guests and ensure their dining experience is pleasant. This position requires strong interpersonal skills and the ability to work in a fast-paced environment.
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Housekeeping
Average Salary: $33,486
Clean and maintain guest rooms in hotels. Ensure all areas are tidy and presentable for guests. This role is important for maintaining a welcoming atmosphere in hospitality settings.
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Dishwasher
Average Salary: $33,266
Wash dishes, utensils, and cookware. Maintain a clean and organized kitchen. This job is crucial for the smooth operation of food service establishments, requiring attention to detail.
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Concrete Finisher
Average Salary: $32,769
Prepare and finish concrete surfaces. Use various tools to ensure a smooth and even finish. This role requires manual dexterity and a keen eye for detail, often working on construction sites.
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Barista
Average Salary: $32,522
Prepare and serve coffee and other beverages. Interact with customers to take orders. This role offers a creative outlet, allowing for artistic flair in drink presentations.
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Which companies offer the top salaries in Troy, MI?

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United Mortgage Lending
Average Salary: $226,750
United Mortgage Lending helps people find the right mortgage. They offer various loan options and competitive rates. Employees enjoy a positive work environment.
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UHY LLP
Average Salary: $109,634
UHY LLP provides accounting, tax, and advisory services. They focus on helping small to mid-sized businesses. Their team values teamwork and innovation.
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Ameriprise Financial
Average Salary: $100,873
Ameriprise Financial offers financial services to individuals and businesses. They help clients plan for their future. Their employees get good benefits and training.
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FlagStar Bank
Average Salary: $94,269
FlagStar Bank offers banking services to customers. They focus on providing personalized banking experiences. Employees work in a supportive atmosphere.
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Magna International
Average Salary: $94,057
Magna International makes car parts for major automakers. They focus on innovation and quality. Their employees enjoy a stable and rewarding career.
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Cummins
Average Salary: $90,812
Cummins designs and builds engines and related technologies. They serve many industries. Employees get to work on exciting projects.
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TEORESI INC.
Average Salary: $90,006
TEORESI INC. provides engineering and construction services. They focus on delivering quality projects. Their team values teamwork and problem-solving.
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Unified Business Technologies
Average Salary: $80,483
Unified Business Technologies offers IT solutions to businesses. They focus on improving efficiency. Employees benefit from a supportive work culture.
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Robert Half
Average Salary: $73,826
Robert Half places professionals in various industries. They offer flexible job opportunities. Employees enjoy good support and resources.
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RE-BATH
Average Salary: $73,434
RE-BATH specializes in remodeling bathrooms. They focus on quality and customer satisfaction. Their team works in a collaborative environment.
How does the cost of living in Troy, MI compare to the national average?

The cost of living index in Troy, MI, provides valuable insight for job seekers considering this area. Housing costs in Troy stand at 82, which is 18% below the nationwide average of 100. This lower housing cost can be particularly appealing for those looking to maximize their budget. However, it is important to balance this with the overall cost of living to ensure affordability in other areas.
Groceries, utilities, and healthcare in Troy are all close to the national average. Groceries and healthcare both sit at 95, which is 5% below average. Utilities are exactly at the national average of 100, meaning no additional costs are incurred here. Transportation in Troy is slightly lower at 93, which is 7% below the average, providing a minor saving in daily commute costs. Miscellaneous expenses stand at 90, which is 10% below the national average. This comprehensive snapshot helps potential residents weigh their budget carefully before making a move.



