Overview Salaries

Salaries in Troy, MI

Updated on Mar 10, 2026
City
Salary

What is the average salary in Troy, MI?

The average salary in Troy, MI is $60,018 per year.
Yearly
Monthly
Weekly
Hourly
Graph depicting the yearly salary distribution for Troy, MI, showing an average salary of $60,018 with varying distribution percentages across salary ranges.
Graph depicting the monthly salary distribution for Troy, MI, showing an average salary of $5,002 with varying distribution percentages across salary ranges.
Graph depicting the weekly salary distribution for Troy, MI, showing an average salary of $1,154 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.

Salaries in Troy, MI offer a competitive range for many types of jobs. On average, someone working in Troy can expect to earn around $60,018 a year. This figure includes a wide variety of professions. People in this area find jobs in many different industries, each with its own salary range. For those seeking a well-paying job, Troy can be a great place to look.

Here is a breakdown of some of the common salary ranges in Troy:

  • About 42% of workers earn around $27,000 or less.
  • 17% earn between $27,000 and $42,727.
  • 10% earn between $42,727 and $58,455.
  • 8% earn between $58,455 and $74,182.
  • 6% earn between $74,182 and $89,909.
  • 3% earn between $89,909 and $105,636.
  • 3% earn between $105,636 and $121,364.
  • 1% earn between $121,364 and $137,091.
  • 1% earn between $137,091 and $152,818.
  • 1% earn between $152,818 and $168,545.
  • 1% earn between $168,545 and $184,273.
  • 1% earn more than $184,273.

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What are the best paying jobs in Troy, MI?

Job seekers in Troy, MI, can find a variety of high-paying career opportunities. Among the top-paying jobs in the area are Loan Specialists, earning an average salary of $181,530. Other well-paid professions include Canvassers, Nurse Practitioners, and Sales Professionals, all with average salaries above $100,000. Those seeking advanced career paths may consider roles like Controller, Marketing Manager, Financial Advisor, Attorney, Software Engineer, and Electrical Engineer, all of which offer competitive pay.
Graph displaying best paying job salaries in Troy, MI, highlighting Loan Specialist with the highest at $181,530 and Electrical Engineer with the lowest at $100,871.

  1. Loan Specialist
    Average Salary: $181,530
    Loan specialists work with clients to help them secure loans. They review applications and documents, check credit scores, and communicate with underwriters. Companies like Wells Fargo and Chase have offices in Troy.
    Find Loan Specialist jobs in Troy, MI


  2. Canvasser
    Average Salary: $133,750
    Canvassers go door-to-door to gather information or promote products. They need good communication skills and attention to detail. Firms in Troy often hire canvassers to gather data or promote local businesses.
    Find Canvasser jobs in Troy, MI


  3. Nurse Practitioner
    Average Salary: $122,671
    Nurse practitioners provide primary and specialty care. They diagnose illnesses, prescribe medications, and manage patient care. Local hospitals and clinics in Troy employ nurse practitioners to serve the community.
    Find Nurse Practitioner jobs in Troy, MI


  4. Sales Professional
    Average Salary: $122,521
    Sales professionals promote and sell products or services. They need strong communication and negotiation skills. Companies in Troy seek sales professionals for tech, finance, and healthcare industries.
    Find Sales Professional jobs in Troy, MI


  5. Controller
    Average Salary: $115,150
    Controllers oversee financial operations and ensure compliance with laws. They manage accounting, budgeting, and reporting. Organizations in Troy look for experienced controllers to manage their finances.
    Find Controller jobs in Troy, MI


  6. Marketing Manager
    Average Salary: $113,480
    Marketing managers develop and execute marketing plans. They analyze market trends and create campaigns. Firms in Troy hire marketing managers to promote products and services.
    Find Marketing Manager jobs in Troy, MI


  7. Financial Advisor
    Average Salary: $107,383
    Financial advisors help clients manage their money. They offer investment advice and plan for retirement. Financial advisors work for firms in Troy that serve individuals and businesses.
    Find Financial Advisor jobs in Troy, MI


  8. Attorney
    Average Salary: $106,184
    Attorneys provide legal advice and represent clients in court. They need strong research and communication skills. Law firms in Troy hire attorneys to handle various legal matters.
    Find Attorney jobs in Troy, MI


  9. Software Engineer
    Average Salary: $103,394
    Software engineers design and develop software applications. They need skills in programming languages and problem-solving. Tech companies in Troy employ software engineers to create new software.
    Find Software Engineer jobs in Troy, MI


  10. Electrical Engineer
    Average Salary: $100,871
    Electrical engineers design and develop electrical systems. They need knowledge of electronics and electrical theory. Firms in Troy hire electrical engineers to work on various projects.
    Find Electrical Engineer jobs in Troy, MI

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

Looking for a high-paying job in Troy, MI? Some of the best opportunities do not require a college degree. Among these top-paying roles are canvasser and restaurant manager. Both positions offer strong earnings and allow for valuable experience in key industries. Canvassers in Troy can expect to earn an average salary of $133,750. This role involves contacting people to gather information or promote products. Restaurant managers earn around $45,825 on average. They oversee restaurant staff, manage budgets, and ensure customer satisfaction. These jobs offer a great chance to earn well without needing a degree.
Graph displaying best paying job salaries in Troy, MI without a degree, highlighting Canvasser with the highest at $133,750 and Barista with the lowest at $32,410.

  1. Canvasser
    Average Salary: $133,750
    Engage with community members, gather feedback, and promote local businesses. Work with organizations like Canvassing Companies and political campaigns.
    Find Canvasser jobs in Troy, MI


  2. Restaurant Manager
    Average Salary: $45,825
    Oversee restaurant operations, manage staff, and ensure customer satisfaction. Work for well-known eateries like Olive Garden and Red Robin.
    Find Restaurant Manager jobs in Troy, MI


  3. Floor Tech
    Average Salary: $38,517
    Maintain cleanliness, repair minor issues, and assist with maintenance. Opportunities at hotels and commercial spaces in the area.
    Find Floor Tech jobs in Troy, MI


  4. Line Cook
    Average Salary: $35,457
    Prepare meals quickly and efficiently in a kitchen setting. Join teams at local restaurants such as Panera Bread and Chipotle.
    Find Line Cook jobs in Troy, MI


  5. Kitchen Team Member
    Average Salary: $35,100
    Support cooks and chefs in food preparation and kitchen tasks. Available positions at casual dining spots like Red Lobster and TGI Fridays.
    Find Kitchen Team Member jobs in Troy, MI


  6. Server
    Average Salary: $34,912
    Take orders, serve food and drinks, and provide excellent customer service. Work at restaurants including Applebee's and Starbucks.
    Find Server jobs in Troy, MI


  7. Housekeeping
    Average Salary: $33,488
    Clean and maintain guest rooms, public areas, and facilities. Opportunities with hotel chains like Marriott and Hilton.
    Find Housekeeping jobs in Troy, MI


  8. Dishwasher
    Average Salary: $33,368
    Wash dishes, utensils, and kitchen equipment. Join teams at local dining establishments such as McDonald's and Dunkin'.
    Find Dishwasher jobs in Troy, MI


  9. Concrete Finisher
    Average Salary: $32,571
    Prepare concrete surfaces, smooth them, and apply finishes. Work on construction sites for companies like Shea Construction and ABC Contractors.
    Find Concrete Finisher jobs in Troy, MI


  10. Barista
    Average Salary: $32,410
    Prepare coffee and other beverages, serve customers, and maintain the coffee bar. Join coffee shops like Starbucks and Peet's Coffee.
    Find Barista jobs in Troy, MI

Which companies offer the top salaries in Troy, MI?

Job seekers in Troy, MI, can look forward to attractive salaries at several top-tier companies. United Mortgage Lending offers the highest average salary, followed by UHY LLP and Ameriprise Financial. These companies provide competitive compensation packages, making Troy an attractive location for those seeking rewarding employment opportunities. Candidates can expect to earn a substantial income at Magna International, Cummins, and TEORESI INC., all of which offer above-average salaries. Companies like FlagStar Bank, Unified Business Technologies, and Robert Half also provide good earning potential. RE-BATH, while offering a lower average salary, still presents a valuable opportunity for those in the industry. These companies illustrate that Troy is home to several options for professionals seeking well-paying jobs.
Graph displaying company salaries in Troy, MI, highlighting United Mortgage Lending with the highest at $227,613 and RE-BATH with the lowest at $72,600.

  1. United Mortgage Lending
    Average Salary: $227,613
    United Mortgage Lending is a leading mortgage company. They help clients with home loans and financial services. Employees often enjoy competitive salaries and benefits.


  2. UHY LLP
    Average Salary: $108,114
    UHY LLP is a professional services firm. They offer accounting, tax, and consulting services. The company values its employees and provides good pay and benefits.


  3. Ameriprise Financial
    Average Salary: $100,155
    Ameriprise Financial provides financial services and products. They offer investments, insurance, and retirement plans. Employees here find good compensation and opportunities.


  4. Magna International
    Average Salary: $94,343
    Magna International is a global auto parts supplier. They create parts for major car companies. The company offers good pay and a supportive work environment.


  5. Cummins
    Average Salary: $91,145
    Cummins makes engines and related technologies. They serve many industries, from construction to agriculture. The company pays well and has many benefits.


  6. TEORESI INC.
    Average Salary: $90,006
    TEORESI INC. offers technology and engineering services. They work on projects for various industries. Employees here enjoy good salaries and a positive workplace.


  7. FlagStar Bank
    Average Salary: $86,891
    FlagStar Bank is a regional bank. They provide banking services to individuals and businesses. The bank offers good pay and a chance to grow.


  8. Unified Business Technologies
    Average Salary: $81,326
    Unified Business Technologies offers IT services. They help businesses with technology solutions. Employees enjoy good compensation and a friendly environment.


  9. Robert Half
    Average Salary: $74,205
    Robert Half is a staffing firm. They connect job seekers with temporary and permanent positions. The company pays well and offers many opportunities.


  10. RE-BATH
    Average Salary: $72,600
    RE-BATH specializes in bathroom remodeling. They offer design and construction services. The company pays fairly and provides good work conditions.

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

Troy, MI, has a cost of living index of 94, which is 4% below the nationwide average of 100. This means that, on average, living expenses in Troy are slightly lower than the national average. Notably, housing in Troy stands at 88, marking a significant 12% reduction, while groceries and utilities are close to the national average, sitting at 94 and 101, respectively.
Cost of living comparison graph for Troy, MI vs. Nationwide: housing 12% lower, groceries 6% lower, utilities 1% higher, transportation 5% lower, healthcare 3% lower, miscellaneous 8% lower.

Troy, MI, offers a cost of living that is slightly below the nationwide average. Specifically, the overall cost of living index for Troy is 93, which means it is 7% lower than the national average of 100. This lower cost of living is primarily due to housing costs, which are at 88, or 12% below the national average. This makes Troy an attractive option for individuals and families seeking more affordable housing without significantly compromising on other living expenses.


Across various categories, Troy’s cost of living compares favorably to the national average. Groceries cost 94 in Troy, which is 6% below the national average. Transportation costs are at 95, only 5% below the national standard. Healthcare costs are slightly lower at 97, reflecting a 3% decrease from the national average. Utilities and miscellaneous expenses are very close to the national average, at 101 and 92 respectively. This data suggests that while some areas provide savings, others remain comparable to the national costs.

There are 1,592 job openings in Troy, MI, today!

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Troy, MI
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