Troy, IN

Indiana

Troy is a small town in Indiana with a population of 539. Residents earn $50,000 per year, which is 33% below the national average.

3.7 /5.0
B+ Good
539 Population 477/sq mi density
$50,000 Median Income $26,554 per capita
$95,600 Home Value $135,063 Zillow
$906 Median Rent
57°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$50,000 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$95,600 home value, $906/mo rent
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher
Median Income $50,000
33% lower than US avg
Home Value $95,600
66% lower than US avg
Bachelor's+ 15.4%
54% lower than US avg
Median Rent $906
22% lower than US avg
Obesity Rate 35.7%
11% higher than US avg
Unemployment 2.8%
22% lower than US avg
Poverty Rate 4.9%
60% lower than US avg

How Troy Compares to the U.S. Average (100% = U.S. avg)

People

Population539
Median Age32.6 yrs
Density477/mi²
Male / Female41% / 59%
Largest GroupWhite 94%

Economy

B+
Median Income$50,000
Per Capita$26,554
Unemployment2.8%
Poverty4.9%
County GDP$1,002M
Commute20 min

Housing

A+
Home Value$95,600
Rent$906
OwnershipN/A
Zillow$135,063

Crime

ViolentN/A
PropertyN/A

Health

Obesity35.7%
UninsuredN/A
Depression26.9%
Heart Disease5.4%

Climate

Avg Temp57°F
AQI41 (Good)
Rain49.6 in/yr
Elevation418 ft

Education

C
Bachelor's+15.4%
High School+94.8%
School Score6.01

Community

2024 VoteR 64% / D 34%
Commute20 min
Libraries3

Is Troy a Good Place to Live?

Based on current data, Troy receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate. Areas to be aware of include below-average incomes. Troy offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Troy is $50,000, 33% below the national average of $75,149. The job market is very strong with unemployment at just 2.8%. Only 4.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 20 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Troy is $95,600, 66% below the national median — offering relatively affordable homeownership. Renters pay a median of $906 per month, below the national average — a plus for affordability. At just 1.9x median income, home prices are very affordable relative to local earnings.

Education

15.4% of residents hold a bachelor's degree, below the national average of 33.7%. 94.8% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Troy enjoys a moderate climate with an average annual temperature of 57°F. Winters average 34°F in January while summers reach 77°F in July. Annual precipitation totals 49.6 inches, including 8.3 inches of snow. Air quality is rated Good with a median AQI of 41.

Troy has a population of 539 with a density of 477 people per square mile. The median age is 32.6 years, 16% younger than the national median of 38.9. The city is predominantly White (94.4%), with 3.3% Hispanic.

Population

539
Total Population
477
People / sq mi
32.6yrs
Median Age
16% below US avg
1.1mi²
Land Area

Gender Distribution

Male 40.6%
Female 59.4%

Race & Ethnicity

Troy vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Troy vs U.S. Average

The median household income in Troy is $50,000, which is 33% below the national average of $75,149. The unemployment rate is 2.8% (below the 3.6% US average). 4.9% of residents live below the poverty line. Workers commute an average of 20 minutes.

Income: Troy vs U.S.

Commute Mode

Income

Median HH Income$50,000
33% below US avg
Per Capita Income$26,554
Avg Weekly Wage$984
IRS Avg AGI$56,795

Employment & Poverty

Unemployment2.8%
22% below US avg
Poverty Rate4.9%
60% below US avg
Establishments (County)379
County GDP$1,002M

Business (County)

Restaurants44
Healthcare45
Retail61
Manufacturing22

Tax & Cost of Living

Property Tax (IRS)$2,982
15% below US avg
Effective Tax Rate3.12%

Commute & Transportation

Commute Time19.9 min
Work from Home3.7%

Walkability

The median home value in Troy is $95,600, 66% below the national average. Monthly rent averages $906 (22% below US avg). Zillow estimates the typical home value at $135,063.

Home Value Sources

Ownership Split

Home Values

Census Median$95,600
66% below US avg
Zillow ZHVI$135,063

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$906
22% below US avg

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied80.6%

Property Tax

Avg Tax (IRS)$2,982
15% below US avg
Effective Rate3.12%
In Troy, 35.7% of adults are obese (above the 32.1% national rate). 26.9% report depression. 22.3% are physically inactive.

Health Metrics: Troy vs U.S. Average (%)

Chronic Conditions

Obesity35.7%
11% above US avg
Diabetes9.8%
Heart Disease5.4%
High Blood Pressure33.1%
Asthma11.4%
COPD6.9%
Stroke2.8%

Behaviors & Mental Health

Binge Drinking19.0%
Physical Inactivity22.3%
Depression26.9%
Mental Distress19.0%
Physical Distress12.9%

Healthcare Access

Insurance Rate84.6%
Checkup Rate77.1%
Premature Death6,979/100K

Food & Exercise

Food Environment7.7/10
Exercise Access90.2%
Healthcare Facilities45

Crime Rates: Troy vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)3

Safety Score

Troy has an average annual temperature of 57°F (14°C). Winters average 34°F in January while summers reach 77°F in July. Annual precipitation is 49.6 inches. Air quality is rated Good with a median AQI of 41.

Temperature

34°F Jan (1°C) 77°F Jul (25°C)
Annual Average57.0°F
6% above US avg
January Average34°F (1°C)
July Average77°F (25°C)

Precipitation & Snow

Annual Rainfall49.6 inches
31% above US avg
Snowfall8.3 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation418 ft (127 m)
Area1.1 sq mi (2.9 km²)
Population Density477/sq mi
Coordinates38.0020°N, 86.7990°W
County FIPS18123
It is classified as Nonmetro — Urban 2.5K–20K. 15.4% of residents hold a bachelor's degree or higher (54% below US avg). In the 2024 election, the county voted Republican by a 29.8-point margin.

2024 Presidential Election (County)

R 64%
D 34.3%

Winner: Republican by 29.8 points

Education

Bachelor's Degree+15.4%
54% below US avg
High School+94.8%
School Test Score6.01
C Education Grade (2.2/5.0)

Urban-Rural Classification

RUCC Code 7Nonmetro — Urban 2.5K–20K
Population Density477/sq mi
Total Area1.1 sq mi

Infrastructure & Services

Public Libraries3
Healthcare Facilities45
Restaurants44
Retail Stores61

Safety & Disasters

Fatal Crashes (County/yr)3

Commute & Transportation

Avg Commute19.9 min
Work from Home3.7%

Nearby Cities

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