Living in Troy, Pennsylvania
Cost of living, income, home prices, rent and demographics of Troy · Census data 2020–2024
Troy has 1,408 residents with a median age of 45. The median household income is $51,016 (35% lower than the Pennsylvania median), the median home value is $155,900, the median rent is $603/month.
Troy is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Troy at a glance
- Population
- 1,408
- Median age
- 45State: 40.9
- Median household income
- $51,016State: $77,971
- Median home value
- $155,900State: $254,500
- Median rent
- $603/moState: $1,209
- Homeowners
- 61%
- Bachelor's degree or higher
- 23.5%
- Average commute
- 28 min
Is Troy a good place to live?
Pros: Home values 39% lower than the state median; unemployment of 1.7%.
Cons: Median household income 35% lower than the Pennsylvania median; an average commute of 28 minutes; a poverty rate of 29.7%.
The weather is best in June to September.
Cost of living in Troy
Housing is the biggest part of the cost of living. In Troy the median home value is $155,900, 53% lower than the U.S. median. Renters pay a median of $603 per month, which is 28.9% of household income. Homeowners with a mortgage pay $1,127 a month in housing costs.
Troy median household income
The median household income in Troy is $51,016 and the income per person is $28,576. 29.7% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Troy: homes for sale and rent
- Housing units
- 598
- Owner-occupied
- 61%
- Renter-occupied
- 39%
- Vacant
- 9.9%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.46
Troy demographics
- Population
- 1,408
- Median age
- 45
- Under 18
- 12.4%
- 65 and older
- 18.8%
- Households
- 539
- Foreign-born
- 10.8%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Troy ›
Education in Troy
23.5% of adults 25 and older in Troy have a bachelor's degree or higher (Pennsylvania: 35.2%), and 10.2% have a graduate or professional degree.
Jobs and commute in Troy
- Unemployment rate
- 1.7%State: 5.3%
- Average commute
- 28 minState: 26 min
- Work from home
- 4.5%
- Drive alone
- 59.5%
- Public transit
- 0%
- Walk to work
- 6.8%
- Homes with broadband
- 84.2%
Troy vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Troy | 1,408 | $51,016 | $155,900 | $603 |
| Sylvania | 237 | $51,875 | $153,800 | $700 |
| Alba | 123 | $42,750 | $70,000 | $825 |
| Armenia | 141 | $95,625 | $310,000 | — |
| Columbia | 968 | $69,688 | $219,300 | $931 |
| Granville | 942 | $76,250 | $197,900 | $1,058 |
| Springfield | 1,303 | $65,553 | $233,600 | $1,125 |
| West Burlington | 662 | $66,250 | $210,900 | — |
| Sullivan | 1,365 | $87,679 | $282,100 | $1,260 |
More for people moving to Troy
Troy ZIP code ›Weather and climate ›Living in Troy: FAQ
What is the median household income in Troy, PA?
The median household income in Troy is $51,016, 35% lower than the Pennsylvania median of $77,971 (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 $155,900, compared with $254,500 in Pennsylvania.
How much is rent in Troy?
The median gross rent in Troy is $603 per month, about 28.9% of household income.
Is Troy, PA a good place to live?
Pluses: home values 39% lower than the state median; unemployment of 1.7%. Minuses: median household income 35% lower than the Pennsylvania median; an average commute of 28 minutes; a poverty rate of 29.7%.
What is the median age in Troy?
The median age in Troy is 45 years (Pennsylvania: 40.9).
How long is the commute in Troy?
The average commute to work in Troy is 28 minutes; 4.5% of workers work from home.
What is the unemployment rate in Troy?
The unemployment rate in Troy is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Troy?
23.5% 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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