Top Industries in Troy
Troy is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Troy include:
Automotive
Troy's automotive industry remains a cornerstone of its economy, with numerous opportunities in manufacturing and engineering.
Range: $60-$120k
Growth rate: 5%
Some job openings:Meritor is hiring: Design Engineer, Quality Assurance Specialist
Technology
The tech industry in Troy is rapidly expanding, with a focus on software development and IT services.
Range: $70-$150k
Growth rate: 8%
Some job openings:Syntel is hiring: IT Consultant, Project Manager
Healthcare
Healthcare continues to be a vital industry in Troy, with growing demand for medical professionals and support staff.
Range: $50-$110k
Growth rate: 6%
Finance
The finance sector in Troy offers a range of opportunities, particularly in banking and financial services.
Range: $65-$130k
Growth rate: 4%
Retail
Retail remains a significant employer in Troy, with opportunities in management and sales.
Range: $40-$90k
Growth rate: 3%
Some job openings:Meijer is hiring: Department Manager, Customer Service Representative
Employment Trends and Growth Rates
Troy's employment trends in 2024 indicate a steady growth across key industries, with technology and healthcare leading the way.
The city's job market is benefiting from a low unemployment rate and a diverse economic base, which supports a wide range of job opportunities.
Income inequality, as measured by the Gini index, is a consideration, but Troy's economic diversity helps mitigate its impact.
There is a noticeable increase in job turnover in sectors like retail and hospitality, while tech and healthcare show more stability.
Job Market for Remote and Freelance Workers in Troy
Remote work continues to gain traction in Troy, with approximately 35% of the workforce engaged in remote roles, particularly in tech and marketing.
Local companies such as Altair Engineering and Syntel are offering remote positions, reflecting a broader national trend towards flexible work arrangements.
City-specific job boards and networking events are increasingly focusing on remote work opportunities, catering to the growing demand.
Job Resources and Networking
Troy offers a variety of job resources, including local job boards and career fairs, to support job seekers.
Verified local platforms such as TroyJobs.com provide listings for regional opportunities.
Career development centers and job placement programs are available to assist residents in their job search.
Entrepreneurial hubs and incubators in Troy are fostering innovation and supporting startups, particularly in the tech sector.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings