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City of Troy

 

The city of Troy strives to be an efficient government, attractive to reinvestment and redevelopment. Located in the heart of Oakland County, Troy is a mere 20 minutes from the city of Detroit and the region's high-tech automotive technology center. Its low tax rate makes it the home of many of Michigan's leading corporations:

  • ArvinMeritor
  • Automation Alley
  • Collins & Aikman
  • Delphi
  • Kelly Services
  • Lear-GM Division
  • HTC Global

Troy boasts the second largest property value in the State of Michigan. Worth over $13 billion, property values in the city have increased more than 85 percent in the past 10 years, yet the tax rate has been the lowest for any major city in Oakland County for the past eight years.

A high-tech personal property tax abatement program has yielded a great deal of success and further positioned Troy as the premier address for businesses. The Northfield Business District is home to Delphi Automotive's world headquarters and U.S. Steel, and the Robbins Technology Park includes Textron, and Krupp Hoesch Automotive of America. Altair Engineering and Schaeffler Group anchors the entrance to Troy's newest technology park, which is home to the Automation Alley headquarters and the technology center for new product commercialization.

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