Overview Salaries

Salaries in Troy, MI

Updated on Oct 11, 2025
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Salary

What is the average salary in Troy, MI?

The average salary in Troy, MI is $59,691 per year.
Yearly
Monthly
Weekly
Hourly
Graph depicting the yearly salary distribution for Troy, MI, showing an average salary of $59,691 with varying distribution percentages across salary ranges.
Graph depicting the monthly salary distribution for Troy, MI, showing an average salary of $4,974 with varying distribution percentages across salary ranges.
Graph depicting the weekly salary distribution for Troy, MI, showing an average salary of $1,148 with varying distribution percentages across salary ranges.
Graph depicting the hourly salary distribution for Troy, MI, showing an average salary of $29 with varying distribution percentages across salary ranges.

Troy, MI, offers a variety of job opportunities with competitive salaries. The average yearly salary in the area is $59,691. This figure reflects the diverse range of industries present, from healthcare to technology and finance. Job seekers can find positions that match their skills and experience levels, with many roles offering attractive compensation packages.


Salaries in Troy, MI, vary by industry. Some of the highest-paying sectors include:

  • Healthcare: $105,227
  • Technology: $89,432
  • Finance: $73,636
  • Manufacturing: $57,841
  • Retail: $42,045

These figures show that there are many opportunities for job seekers to find well-paying positions in Troy, MI. With a strong job market and a range of industries, professionals can look forward to rewarding career paths.

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What are the best paying jobs in Troy, MI?

Job seekers in Troy, MI, have access to several high-paying career opportunities. Among the top-paying jobs are Loan Specialists, who earn an average of $178,146 annually. Nurse Practitioners, with an average salary of $125,410, also enjoy competitive compensation. Other well-compensated roles include Controller, Marketing Manager, and Sales Professional, each offering average salaries above $100,000. These positions provide excellent earning potential and career growth. Professionals in these fields can expect to benefit from both financial rewards and job stability.
Graph displaying best paying job salaries in Troy, MI, highlighting Loan Specialist with the highest at $178,146 and Electrical Engineer with the lowest at $100,542.

  1. Loan Specialist
    Average Salary: $178,146
    This role involves assessing loan applications and managing credit. It works closely with clients to ensure they understand the loan process. Companies like banks and financial institutions in Troy offer these positions.
    Find Loan Specialist jobs in Troy, MI


  2. Nurse Practitioner
    Average Salary: $125,410
    Nurse Practitioners provide primary and specialty care. They work in hospitals and clinics, offering medical services. Troy has many healthcare facilities that need skilled practitioners.
    Find Nurse Practitioner jobs in Troy, MI


  3. Controller
    Average Salary: $114,871
    Controllers manage financial reporting and budgeting. They ensure compliance with financial regulations. Companies in Troy, such as manufacturing and tech firms, need controllers.
    Find Controller jobs in Troy, MI


  4. Marketing Manager
    Average Salary: $107,953
    Marketing Managers develop strategies to promote products. They work with teams to create campaigns. Troy has many businesses that need effective marketing.
    Find Marketing Manager jobs in Troy, MI


  5. Sales Professional
    Average Salary: $106,748
    Sales Professionals sell products or services. They build relationships with clients. Companies in Troy, like automotive and tech firms, need strong salespeople.
    Find Sales Professional jobs in Troy, MI


  6. Software Engineer
    Average Salary: $106,678
    Software Engineers design and develop software. They work in tech companies, creating applications. Troy has many tech firms that need skilled software engineers.
    Find Software Engineer jobs in Troy, MI


  7. Financial Advisor
    Average Salary: $103,850
    Financial Advisors help clients manage their finances. They provide advice on investments and savings. Troy has many financial services firms that need advisors.
    Find Financial Advisor jobs in Troy, MI


  8. Attorney
    Average Salary: $102,923
    Attorneys represent clients in legal matters. They work in law firms, handling cases. Troy has many law firms that need experienced attorneys.
    Find Attorney jobs in Troy, MI


  9. Systems Engineer
    Average Salary: $102,653
    Systems Engineers design and maintain computer systems. They work in tech companies, ensuring systems run smoothly. Troy has many tech firms that need systems engineers.
    Find Systems Engineer jobs in Troy, MI


  10. Electrical Engineer
    Average Salary: $100,542
    Electrical Engineers design and develop electrical systems. They work in manufacturing, creating systems for products. Troy has many tech and manufacturing companies that need electrical engineers.
    Find Electrical Engineer jobs in Troy, MI

What are the best paying jobs in Troy, MI without a degree?

Job seekers in Troy, MI, have several high-paying opportunities that do not require a degree. Canvassers lead the list with an average salary of $127,906. This role involves gathering information and promoting products or services. Restaurant managers also earn well, with an average salary of $44,678. This position requires overseeing restaurant staff and ensuring smooth operations. Other top-paying jobs include floor technicians, meat cutters, and groundskeepers. Floor technicians earn $37,481, meat cutters make $37,308, and groundskeepers earn $35,429. These roles offer good pay and are accessible without a degree. Job seekers can find rewarding careers in these fields with the right skills and dedication.
Graph displaying best paying job salaries in Troy, MI without a degree, highlighting Canvasser with the highest at $127,906 and Concrete Finisher with the lowest at $32,571.

  1. Canvasser
    Average Salary: $127,906
    This role involves visiting homes and businesses to gather information. It is a great way to meet people and learn about their needs. Companies in Troy often seek canvassers for market research.
    Find Canvasser jobs in Troy, MI


  2. Restaurant Manager
    Average Salary: $44,678
    Manage daily operations at a restaurant. Oversee staff, handle customer service, and ensure smooth service. Many restaurants in Troy offer opportunities for growth and advancement.
    Find Restaurant Manager jobs in Troy, MI


  3. Floor Tech
    Average Salary: $37,481
    Maintain clean and safe floors in commercial spaces. Use equipment to sweep, mop, and polish. This role is essential for keeping the environment tidy in Troy's businesses.
    Find Floor Tech jobs in Troy, MI


  4. Meat Cutter
    Average Salary: $37,308
    Cut and package meat for retail sale. This job requires attention to detail and knowledge of meat cuts. Many grocery stores in Troy offer this position with opportunities for overtime.
    Find Meat Cutter jobs in Troy, MI


  5. Groundskeeper
    Average Salary: $35,429
    Maintain the grounds of properties. Tasks include mowing lawns, trimming shrubs, and cleaning up. This role is ideal for those who enjoy working outdoors in Troy.
    Find Groundskeeper jobs in Troy, MI


  6. Server
    Average Salary: $35,369
    Serve food and drinks to customers in a restaurant. This position requires good communication skills and the ability to handle multiple tasks. Many Troy restaurants offer flexible hours.
    Find Server jobs in Troy, MI


  7. Line Cook
    Average Salary: $34,664
    Prepare ingredients and cook food in a fast-paced kitchen. This role requires strong multitasking skills and attention to detail. Many Troy kitchens offer opportunities for advancement.
    Find Line Cook jobs in Troy, MI


  8. Kitchen Team Member
    Average Salary: $34,193
    Assist in various kitchen tasks. This includes preparing ingredients, washing dishes, and maintaining cleanliness. Many Troy restaurants value team members who can handle multiple duties.
    Find Kitchen Team Member jobs in Troy, MI


  9. Housekeeping
    Average Salary: $32,917
    Clean and maintain rooms in hotels or other lodging facilities. This role requires attention to detail and the ability to work efficiently. Many Troy hotels offer this position with flexible scheduling.
    Find Housekeeping jobs in Troy, MI


  10. Concrete Finisher
    Average Salary: $32,571
    Spread and smooth concrete using tools. This job involves working on construction sites. Many Troy companies offer this role with opportunities for overtime and growth.
    Find Concrete Finisher jobs in Troy, MI

Which companies offer the top salaries in Troy, MI?

Job seekers in Troy, MI, have a variety of companies to consider for top salaries. UHY LLP leads the way with an average salary of $103,091. Following closely, Ameriprise Financial offers an average salary of $98,915. These figures highlight the strong earning potential available in Troy's job market. Other notable companies include Magna International, Cummins, and TEORESI INC., each offering competitive salaries above $90,000. Meritor, FlagStar Bank, and Unified Business Technologies also provide attractive compensation packages. Rehmann and Robert Half round out the list with average salaries that still exceed $70,000. These companies present excellent opportunities for job seekers looking to secure a good income.
Graph displaying company salaries in Troy, MI, highlighting UHY LLP with the highest at $103,091 and Robert Half with the lowest at $73,111.

  1. UHY LLP
    Average Salary: $103,091
    UHY LLP is a global accounting and consulting firm. They offer a variety of services and have a strong reputation in the industry.


  2. Ameriprise Financial
    Average Salary: $98,915
    Ameriprise Financial provides financial services and advice. They focus on helping clients achieve their financial goals.


  3. Magna International
    Average Salary: $94,122
    Magna International is a leading global auto supplier. They design and manufacture automotive parts for many major car companies.


  4. Cummins
    Average Salary: $93,003
    Cummins is a global power leader. They design and build engines, power systems, and related services for many industries.


  5. TEORESI INC.
    Average Salary: $90,006
    TEORESI INC. is a company that provides software and services. They focus on helping businesses improve their operations.


  6. Meritor
    Average Salary: $85,635
    Meritor is a global manufacturer of vehicle components. They focus on safety, efficiency, and performance.


  7. FlagStar Bank
    Average Salary: $84,383
    FlagStar Bank offers banking services to individuals and businesses. They provide loans, savings accounts, and other financial products.


  8. Unified Business Technologies
    Average Salary: $81,395
    Unified Business Technologies provides IT services and solutions. They help businesses improve their technology and operations.


  9. Rehmann
    Average Salary: $74,092
    Rehmann is a staffing and workforce solutions company. They help businesses find and place the right talent.


  10. Robert Half
    Average Salary: $73,111
    Robert Half is a staffing firm. They connect job seekers with opportunities in finance, accounting, technology, and more.

How does the cost of living in Troy, MI compare to the national average?

Troy, MI, has a cost of living index that is slightly lower than the nationwide average. The overall index stands at 94, which is 6% below the national average of 100. This means that, on average, expenses in Troy, MI, are 6% cheaper than in other parts of the country. Specifically, housing costs in Troy are 15% lower than the national average, while groceries and utilities are slightly higher, at 5% and 10% above average, respectively. Transportation and healthcare costs are close to the national average, with miscellaneous expenses also slightly above at 2%. This balanced distribution makes Troy a cost-effective location for potential residents.
Cost of living comparison graph for Troy, MI vs. Nationwide: housing 15% lower, groceries 5% lower, utilities 10% higher, transportation 10% lower, healthcare 0% lower, miscellaneous 8% lower.

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 average cost of living index of 100. This suggests that housing expenses in Troy are more affordable compared to the national average. Additionally, the groceries index is 95, indicating a 5% increase over the average. This means that while groceries are slightly more expensive, the difference is minimal.


Utilities in Troy are notably higher, with an index of 110, representing a 10% increase over the national average. This indicates that residents may face higher costs for services like electricity and water. Transportation costs in Troy are at 90, which is 10% below the average, offering some relief to those who need to commute. Healthcare costs remain consistent with the national average, with an index of 100, suggesting no significant difference in healthcare expenses. The miscellaneous index is 92, which is 8% above the average, indicating that other living expenses are slightly higher than the national average. Overall, Troy offers a balanced cost of living with some areas being more affordable and others slightly higher.

There are 1,741 job openings in Troy, MI, today!

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Troy, MI
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