Living in Troy, Texas
Cost of living, income, home prices, rent and demographics of Troy · Census data 2020–2024
Troy has 2,844 residents with a median age of 33.8. The median household income is $86,311 (10% higher than the Texas median), the median home value is $201,500, the median rent is $1,324/month.
Troy at a glance
- Population
- 2,844
- Median age
- 33.8State: 35.6
- Median household income
- $86,311State: $78,476
- Median home value
- $201,500State: $283,800
- Median rent
- $1,324/moState: $1,403
- Homeowners
- 65.4%
- Bachelor's degree or higher
- 22.1%
- Average commute
- 27 min
Is Troy a good place to live?
Pros: Median household income 10% higher than the Texas median; home values 29% lower than the state median; a poverty rate of 4%.
Cons: An average commute of 27 minutes; unemployment of 5.6%.
The weather is best in March–April and October–November.
Cost of living in Troy
Housing is the biggest part of the cost of living. In Troy the median home value is $201,500, 39% lower than the U.S. median. Renters pay a median of $1,324 per month, which is 21.7% of household income. Homeowners with a mortgage pay $1,750 a month in housing costs.
Troy median household income
The median household income in Troy is $86,311 and the income per person is $32,001. 4% of residents live below the poverty line (Texas: 13.8%).
Housing in Troy: homes for sale and rent
- Housing units
- 1,001
- Owner-occupied
- 65.4%
- Renter-occupied
- 34.6%
- Vacant
- 2.8%Includes seasonal homes
- Median year built
- 2001
- Average household size
- 2.92
Troy demographics
- Population
- 2,844
- Median age
- 33.8
- Under 18
- 30.2%
- 65 and older
- 13.9%
- Households
- 973
- Foreign-born
- 3.2%
- Veterans
- 9.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Troy ›
Education in Troy
22.1% of adults 25 and older in Troy have a bachelor's degree or higher (Texas: 33.8%), and 4.1% have a graduate or professional degree.
Jobs and commute in Troy
- Unemployment rate
- 5.6%State: 5.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 2.4%
- Drive alone
- 86%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.9%
Troy vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Troy | 2,844 | $86,311 | $201,500 | $1,324 |
| Pendleton | 649 | $58,092 | $268,200 | — |
| Temple | 89,602 | $68,204 | $239,000 | $1,231 |
| Bruceville-Eddy | 1,584 | $76,154 | $180,200 | $1,159 |
| Moody | 1,390 | $69,750 | $168,800 | $1,214 |
| Morgan's Point Resort | 4,750 | $79,450 | $245,100 | $1,819 |
| Lorena | 1,497 | $88,250 | $281,000 | $867 |
| Belton | 24,356 | $59,130 | $258,700 | $1,252 |
| Little River-Academy | 2,233 | $75,563 | $183,300 | $1,463 |
More for people moving to Troy
Troy ZIP code ›Weather and climate ›Living in Troy: FAQ
What is the median household income in Troy, TX?
The median household income in Troy is $86,311, 10% higher than the Texas median of $78,476 (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 $201,500, compared with $283,800 in Texas.
How much is rent in Troy?
The median gross rent in Troy is $1,324 per month, about 21.7% of household income.
Is Troy, TX a good place to live?
Pluses: median household income 10% higher than the Texas median; home values 29% lower than the state median; a poverty rate of 4%. Minuses: an average commute of 27 minutes; unemployment of 5.6%.
What is the median age in Troy?
The median age in Troy is 33.8 years (Texas: 35.6).
How long is the commute in Troy?
The average commute to work in Troy is 27 minutes; 2.4% of workers work from home.
What is the unemployment rate in Troy?
The unemployment rate in Troy is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Troy?
22.1% 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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