Property crime is a broad category of offenses comprising three subcategories: burglary, larceny, and motor vehicle theft. A total of 6.9 million property crimes were committed in the United States in 2019 — or 2,110 for every 100,000 people.
Though property crime offenses are not as severe as violent crime offenses, such as aggravated assault or robbery, their impact on victims can be substantial. An estimated $14.3 billion worth of personal property — from clothing and jewelry to firearms and motor vehicles — were stolen in the United States in 2019. During the COVID-19 pandemic, certain forms of property crime have spiked. According to a recent study from the University of Pennsylvania, car thefts are up considerably in major cities around the country. And while home burglaries are down, commercial retailers are reporting a substantial spike in burglary cases.
In Troy, Michigan, property crime is far less common than it is nationwide. In 2019, the most recent year of available data, there were a total of 1,042 property crimes reported in the city — or 1,230 for every 100,000 people. Click here to see the full crime report for Troy.
The FBI tracked property crime in 4,543 U.S. cities with populations of at least 5,000 in 2019 — and nearly all of those cities reported at least one property crime that year. Of those 4,537 cities that reported one or more incidents of property crime, Troy ranks No. 2,905 by property crime rate, which puts it in the middle 50% among U.S. cities.
Just as property crime is less common in Troy than it is nationwide, property crime is also less common in Michigan than it is nationwide. A total of 158,296 property crimes were reported in Michigan in 2019, or 1,585 for every 100,000 people. Of all 50 states, Michigan has the 14th lowest property crime rate.
The property crime rate in Troy ranks as No. 112 of the 220 cities in Michigan for which the FBI has data.
Across the United States, larceny-theft is the most common form of property crime. Of the 6.9 million property crimes committed in the U.S. in 2019, about 73% were incidents of larceny-theft. In Troy, larceny-theft accounted for 88% of all reported violent crimes in 2019.
Of the three types of property crime, burglary ranks the highest on the FBI’s hierarchy of crime severity. In Troy, a city of about 84,690 residents, there were 70 burglaries reported in 2019, or 83 for every 100,000 people. The national burglary rate stands at 341 incidents for every 100,000 people.
Property crimes are just one component of crime in an area. To provide a more comprehensive view of overall crime levels across the country, 24/7 Wall St. recently published extensive crime reports with data visualizations for over 4,000 cities and all 50 states. Click here to see the complete crime report for Troy here.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.