Living in Troy, Pennsylvania
Cost of living, income, home prices, rent and demographics of Troy · Census data 2020–2024
Troy has 888 residents with a median age of 50.2. The median household income is $71,202 (9% lower than the Pennsylvania median), the median home value is $160,900.
Troy is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Troy at a glance
- Population
- 888
- Median age
- 50.2State: 40.9
- Median household income
- $71,202State: $77,971
- Median home value
- $160,900State: $254,500
- Homeowners
- 95.8%
- Bachelor's degree or higher
- 23.4%
- Average commute
- 32 min
Is Troy a good place to live?
Pros: Home values 37% lower than the state median; a poverty rate of 7.3%.
Cons: Median household income 9% lower than the Pennsylvania median; an average commute of 32 minutes; unemployment of 10.1%.
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 $160,900, 52% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,168 a month in housing costs.
Troy median household income
The median household income in Troy is $71,202 and the income per person is $37,585. 7.3% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Troy: homes for sale and rent
- Housing units
- 517
- Owner-occupied
- 95.8%
- Renter-occupied
- 4.2%
- Vacant
- 30.9%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.49
30.9% of homes are vacant most of the year, a sign that Troy has many vacation and second homes.
Troy demographics
- Population
- 888
- Median age
- 50.2
- Under 18
- 20%
- 65 and older
- 23.5%
- Households
- 357
- Foreign-born
- 0.3%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Troy ›
Education in Troy
23.4% of adults 25 and older in Troy have a bachelor's degree or higher (Pennsylvania: 35.2%), and 6.7% have a graduate or professional degree.
Jobs and commute in Troy
- Unemployment rate
- 10.1%State: 5.3%
- Average commute
- 32 minState: 26 min
- Work from home
- 9%
- Drive alone
- 79.7%
- Public transit
- 0.8%
- Walk to work
- 1%
- Homes with broadband
- 89.6%
Troy vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Troy | 888 | $71,202 | $160,900 | — |
| Townville | 340 | $61,250 | $141,100 | $642 |
| Plum | 981 | $63,438 | $134,100 | $1,063 |
| Steuben | 853 | $77,143 | $180,700 | $1,057 |
| Hydetown | 505 | $54,464 | $104,800 | $770 |
| Randolph | 1,789 | $75,714 | $156,100 | $930 |
| Guys Mills | 268 | $49,583 | $134,400 | — |
| Cherrytree | 1,234 | $56,971 | $141,900 | $788 |
| Athens | 676 | $59,531 | $148,400 | $775 |
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 $71,202, 9% 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 $160,900, compared with $254,500 in Pennsylvania.
Is Troy, PA a good place to live?
Pluses: home values 37% lower than the state median; a poverty rate of 7.3%. Minuses: median household income 9% lower than the Pennsylvania median; an average commute of 32 minutes; unemployment of 10.1%.
What is the median age in Troy?
The median age in Troy is 50.2 years (Pennsylvania: 40.9).
How long is the commute in Troy?
The average commute to work in Troy is 32 minutes; 9% of workers work from home.
What is the unemployment rate in Troy?
The unemployment rate in Troy is 10.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Troy?
23.4% 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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