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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Troy, MI

Population: 87,170 (2022) · Small Cities (50K–100K)

D
37/100

Below average — significant fiscal challenges in multiple areas

Total Spending
$1.1B
Per Capita
$12,700
Total Revenue
$157.8M
Total Debt
$64.1M

Spending Breakdown

Housing & Community Development
25.5%$282.7M
Utilities
22.3%$246.6M
Other
22.1%$244.2M
Parks & Recreation
10.7%$118.8M
Public Welfare
8.8%$97.9M
Health
4.8%$52.6M
Fire Protection
2.7%$30.1M
Sewerage
1.7%$18.8M
Highways & Roads
1.0%$10.9M
Interest on Debt
0.4%$4.5M

Spending data sourced from the Census Bureau's Annual Survey of State & Local Government Finances. Per-capita comparisons use the Lincoln Institute's Fiscally Standardized Cities methodology for fair cross-city benchmarking.

Revenue Sources

Sales Tax
49.6%$78.2M
Intergovernmental
100.0%$157.8M
Charges & Fees
135.5%$213.8M
Other
142.0%$224.2M

Per Capita Spending by Department

Fire Protection$345/person
Highways & Roads$125/person
Parks & Recreation$1,363/person
Health$603/person

Score Breakdown

Budget Balance & Reserves (25%)6/100
Debt Burden (20%)2/100
Pension Funding (20%)76/100
Spending Efficiency (15%)98/100
Revenue Diversity (10%)0/100
Trend Direction (10%)50/100

Debt Overview

Total Debt$64.1M
Long-Term Debt$98.5M
Debt Per Capita$735
Cash & Securities$3.2M

Compare Cities

See how Troy stacks up against another city.

vs Detroit, MIvs Grand Rapids, MIvs Warren, MI
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in Michigan

Frequently Asked Questions

Troy, MI spends $12,700 per resident, based on total expenditures of $1.1B for a population of 87,170. The city has a Fiscal Health Score of D (37/100).

Troy, MI has total expenditures of $1.1B and total revenue of $157.8M. The city carries $64.1M in total debt, based on Census Bureau data from 2023.

Troy, MI employs 0 government workers, of which 0 are full-time. The average government salary is $0, with 0.0 employees per 10,000 residents.

Troy, MI has a Fiscal Health Score of D (37/100). This score evaluates budget balance, debt burden, pension funding, spending efficiency, revenue diversity, and 3-year fiscal trajectory compared to peer cities of similar population.