Troy, Michigan — Tax Burden
Ranked #3194 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.39%
Rank: 3194th nationally
Property Tax Rate
1.28%
Rank: 2426th nationally
Income Tax Rate
4.250%
Michigan state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (40%)Income (41%)Sales (19%)
Median Income: $115,639
Median Home Value: $375,600
Median Property Tax: $4,814/yr
Population: 87,170