Living in Troy, Missouri
Cost of living, income, home prices, rent and demographics of Troy · Census data 2020–2024
Troy has 13,947 residents with a median age of 35.2. The median household income is $79,012 (12% higher than the Missouri median), the median home value is $226,500, the median rent is $1,033/month.
Troy at a glance
- Population
- 13,947
- Median age
- 35.2State: 39
- Median household income
- $79,012State: $70,702
- Median home value
- $226,500State: $230,300
- Median rent
- $1,033/moState: $1,033
- Homeowners
- 69.9%
- Bachelor's degree or higher
- 14.7%
- Average commute
- 29 min
Is Troy a good place to live?
Pros: Median household income 12% higher than the Missouri median; home values about the same as the state median; unemployment of 2.3%.
Cons: An average commute of 29 minutes; a poverty rate of 13.6%.
The weather is best in May–June and September–October.
Cost of living in Troy
Housing is the biggest part of the cost of living. In Troy the median home value is $226,500, 32% lower than the U.S. median. Renters pay a median of $1,033 per month, which is 27% of household income. Homeowners with a mortgage pay $1,411 a month in housing costs.
Troy median household income
The median household income in Troy is $79,012 and the income per person is $32,005. 13.6% of residents live below the poverty line (Missouri: 12.6%).
Housing in Troy: homes for sale and rent
- Housing units
- 5,183
- Owner-occupied
- 69.9%
- Renter-occupied
- 30.1%
- Vacant
- 0.9%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.63
Troy demographics
- Population
- 13,947
- Median age
- 35.2
- Under 18
- 27.4%
- 65 and older
- 14.7%
- Households
- 5,138
- Foreign-born
- 1.6%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Troy ›
Education in Troy
14.7% of adults 25 and older in Troy have a bachelor's degree or higher (Missouri: 32.4%), and 3.2% have a graduate or professional degree.
Jobs and commute in Troy
- Unemployment rate
- 2.3%State: 4%
- Average commute
- 29 minState: 24 min
- Work from home
- 12.5%
- Drive alone
- 74%
- Public transit
- 0.1%
- Walk to work
- 1.3%
- Homes with broadband
- 94.6%
Troy vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Troy | 13,947 | $79,012 | $226,500 | $1,033 |
| Moscow Mills | 3,823 | $73,468 | $196,400 | $1,107 |
| Fountain N' Lakes | 162 | $2,499 | $83,300 | $1,348 |
| Hawk Point | 736 | $51,667 | $145,500 | $919 |
| Flint Hill | 583 | $130,208 | $475,500 | $1,611 |
| Chain of Rocks | 255 | $150,547 | $342,000 | — |
| Wright City | 5,240 | $80,152 | $238,800 | $894 |
| Foristell | 1,096 | $116,581 | $431,700 | $883 |
| Silex | 355 | $56,667 | $112,500 | $695 |
More for people moving to Troy
Troy ZIP code ›Weather and climate ›Living in Troy: FAQ
What is the median household income in Troy, MO?
The median household income in Troy is $79,012, 12% higher than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Troy?
The median home value in Troy is $226,500, compared with $230,300 in Missouri.
How much is rent in Troy?
The median gross rent in Troy is $1,033 per month, about 27% of household income.
Is Troy, MO a good place to live?
Pluses: median household income 12% higher than the Missouri median; home values about the same as the state median; unemployment of 2.3%. Minuses: an average commute of 29 minutes; a poverty rate of 13.6%.
What is the median age in Troy?
The median age in Troy is 35.2 years (Missouri: 39).
How long is the commute in Troy?
The average commute to work in Troy is 29 minutes; 12.5% of workers work from home.
What is the unemployment rate in Troy?
The unemployment rate in Troy is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Troy?
14.7% of adults in Troy have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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