What is the average salary in Troy, MI?
Troy, MI, offers a variety of job opportunities with competitive salaries. The average yearly salary in Troy is $60,073. This figure reflects the diverse economic landscape, providing a good standard of living for many residents.
Salaries in Troy range widely across different sectors. The highest-paying jobs include roles in management, finance, and engineering. These positions often require specialized skills and experience, leading to higher compensation. Other well-paying sectors include healthcare, information technology, and education. Job seekers in these fields can expect to earn above the average salary. Lower-paying jobs are found in retail, hospitality, and some service industries. However, these roles still offer opportunities for growth and advancement.
What are the best paying jobs in Troy, MI?

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Loan Specialist
Average Salary: $179,889
Loan specialists work with clients to assess their financial needs and provide loan options. They often work for banks and financial institutions. They need to understand financial products and regulations.
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Canvasser
Average Salary: $131,412
Canvassers visit homes and businesses to gather information or promote products. They often work for survey companies or political campaigns. They need to communicate effectively and be comfortable with door-to-door interactions.
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Nurse Practitioner
Average Salary: $124,922
Nurse practitioners provide primary and specialty care. They often work in hospitals, clinics, and private practices. They need to have strong clinical skills and the ability to diagnose and treat patients.
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Controller
Average Salary: $114,274
Controllers manage a company's accounting functions. They often work for large corporations or government agencies. They need to be detail-oriented and skilled in financial reporting and budgeting.
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Sales Professional
Average Salary: $110,443
Sales professionals sell products or services to customers. They often work in retail, technology, or finance. They need to be persuasive and have good communication skills.
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Marketing Manager
Average Salary: $109,638
Marketing managers develop and implement marketing strategies. They often work for companies in various industries. They need to be creative and understand market trends.
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Software Engineer
Average Salary: $106,438
Software engineers design and develop software applications. They often work for tech companies. They need to be proficient in programming languages and problem-solving.
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Financial Advisor
Average Salary: $105,268
Financial advisors help clients manage their investments and plan for the future. They often work for financial services firms. They need to be knowledgeable about financial products and regulations.
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Attorney
Average Salary: $103,368
Attorneys provide legal advice and represent clients in court. They often work for law firms or corporations. They need to be knowledgeable about the law and skilled in legal writing.
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Systems Engineer
Average Salary: $102,848
Systems engineers design and maintain computer systems. They often work for tech companies or government agencies. They need to be skilled in both hardware and software.
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What are the best paying jobs in Troy, MI without a degree?

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Canvasser
Average Salary: $131,412
This role involves visiting homes and businesses to gather information. It is a great way to meet people and learn about the community. Companies like local political campaigns and market research firms often hire canvassers.
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Restaurant Manager
Average Salary: $44,916
Manage daily operations at a restaurant. Oversee staff, handle customer service, and ensure smooth service. Many restaurants and cafes in the area offer opportunities for those interested in this role.
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Meat Cutter
Average Salary: $37,557
Cut and prepare meat for sale. Work in grocery stores or butcher shops. This job requires attention to detail and the ability to handle meat safely. Local grocery chains and butcher shops often have openings.
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Floor Tech
Average Salary: $37,481
Maintain cleanliness and safety of floors. Use machines to clean and polish surfaces. This role is essential in offices, schools, and retail stores. Many businesses in the area need skilled floor techs.
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Groundskeeper
Average Salary: $35,455
Maintain the grounds of properties. This includes mowing lawns, trimming shrubs, and cleaning up debris. Work in parks, schools, and private properties. Many local organizations need reliable groundskeepers.
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Server
Average Salary: $35,265
Serve food and drinks to customers. Take orders and ensure a pleasant dining experience. This role is common in restaurants and cafes. Many dining establishments in the area offer server positions.
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Line Cook
Average Salary: $34,807
Prepare ingredients and cook meals in a fast-paced kitchen. Work under pressure to meet orders. This job is essential in restaurants and food service establishments. Many local restaurants need skilled line cooks.
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Kitchen Team Member
Average Salary: $34,219
Assist in various kitchen tasks. This includes preparing ingredients, washing dishes, and maintaining cleanliness. This role is vital in any food service setting. Many restaurants and cafes offer kitchen team member positions.
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Housekeeping
Average Salary: $32,829
Clean and maintain rooms in hotels, motels, or other lodging facilities. Ensure a comfortable environment for guests. This job is essential in the hospitality industry. Many hotels and motels in the area offer housekeeping roles.
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Concrete Finisher
Average Salary: $32,571
Spread concrete using shovels, rakes, and trowels. Smooth and level the surface. This role is important in construction projects. Many construction companies in the area need skilled concrete finishers.
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Which companies offer the top salaries in Troy, MI?

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UHY LLP
Average Salary: $103,837
UHY LLP is a global accounting and consulting firm. They offer a range of services including tax, audit, and advisory. They are known for their strong client relationships and commitment to quality.
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Ameriprise Financial
Average Salary: $99,329
Ameriprise Financial provides financial services and investment products. They focus on helping clients achieve their financial goals. Their team is experienced and dedicated to providing excellent service.
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Magna International
Average Salary: $94,122
Magna International is a leading automotive supplier. They design and manufacture vehicle components. They are known for their innovative solutions and commitment to quality.
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Cummins
Average Salary: $92,191
Cummins is a global power leader. They design, manufacture, and distribute power solutions. Their products are used in various industries, including agriculture and construction.
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TEORESI INC.
Average Salary: $90,006
TEORESI INC. provides engineering and consulting services. They focus on infrastructure and environmental projects. Their team is experienced and dedicated to delivering high-quality solutions.
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FlagStar Bank
Average Salary: $86,104
FlagStar Bank offers banking and financial services. They provide a range of products including mortgages and loans. They are known for their customer-focused approach and commitment to quality.
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Meritor
Average Salary: $84,028
Meritor is a leading manufacturer of vehicle components. They focus on safety and performance. Their products are used in various industries, including transportation and construction.
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Unified Business Technologies
Average Salary: $81,556
Unified Business Technologies provides IT solutions and services. They focus on helping businesses improve their technology infrastructure. Their team is experienced and dedicated to delivering high-quality solutions.
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Rehmann
Average Salary: $73,909
Rehmann is a leading provider of human resources and payroll services. They offer a range of solutions to help businesses manage their workforce. Their team is experienced and dedicated to delivering high-quality service.
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Robert Half
Average Salary: $72,286
Robert Half is a leading provider of staffing services. They help companies find and hire the right talent. Their team is experienced and dedicated to delivering high-quality service.
How does the cost of living in Troy, MI compare to the national average?

Troy, MI, presents a cost of living that is slightly below the nationwide average. The housing index in Troy stands at 85, which is 15% lower than the national average of 100. This suggests that housing costs in Troy are more affordable compared to the rest of the country. Additionally, the groceries index is at 92, indicating a 2% increase over the national average. This means that groceries in Troy are slightly cheaper than the average U.S. prices.
Utilities in Troy match the national average, with an index of 100. This means that the cost of utilities, such as electricity and gas, is consistent with what people pay across the country. Transportation costs in Troy are at 95, which is 5% below the average. This suggests that commuting and other transportation expenses are more economical in Troy. Healthcare costs in Troy are at 90, which is 10% lower than the national average. This indicates that healthcare expenses are more affordable in Troy compared to the rest of the nation. Lastly, the miscellaneous index in Troy is 88, which is 12% lower than the national average. This suggests that other miscellaneous expenses are also more affordable in Troy.



