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Businesses for Sale | Troy, Michigan

Discover business opportunities, in or around Troy, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Troy, located in The Great Lakes State had a total population of 87,452 people.

Top Franchise Opportunities in Troy, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Sports & Leisure$60,000
2Pet Franchises$90,000
3Business Services$50,000
4Business Opportunities$30,000
5Computer & Internet Franchises$10,000
6Financial Franchises$70,000
7Business Opportunities$100,000
8Food & Restaurant$25,000
9Home Services & Repair Franchises$100,000
10Home Services & Repair Franchises$50,000

City Statistics and Other Information About Troy

Demographics

From a total population of 87,452, Troy has a median age of 41. The average age of males, in Troy, is 40 while the average age of females is 41. When you compare the median age of men and women in Troy, there is an average difference of 1.61 years.

Income

The median income of individuals, in Troy, is $62,479 while the average household income is $118,274. In 2029, the average income per capita for Troy is expected to be $62,479.

Additional Information

48007 - 48099
Oakland County

Is Troy the Best Location for Franchise Opportunities and Growth?

What is the average income in Troy?

The median household income in Troy is $118,274, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Troy an affordable place to start a franchise?

With a median income of $118,274, Troy presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Troy's income compare to other locations?

The median income of $118,274 in Troy is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Troy have a stable workforce to support my business?

Absolutely! With 25,270 employed individuals, Troy offers a solid labor force to support franchise growth.

Is Troy a growing economy?

With a workforce of 25,270 and a median household income of $118,274, Troy provides a stable economic environment for new business opportunities.

Does homeownership in Troy indicate a stable market?

Homeownership rates at 24,384 show a strong local investment in the community, which benefits long-term franchise success.

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