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Troy, TN
Full City Profile · Tennessee · Obion County County
3.1
/5.0
B
Good
1,915
Population
1,419/sq mi density
$52,656
Median Income
$26,131 per capita
$110,800
Home Value
$169,199 Zillow
$764
Median Rent
19.9% income on rent
58°F
Avg Temperature
299 sunny days/yr
380
Violent Crime/100K
987 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$52,656 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$110,800 home value, $764/mo rent
F
Safety
1.0 / 5.0
380 violent crimes/100K
C+
Education
2.6 / 5.0
19.4% bachelor's degree or higher
Housing Overview
Median Home Value
$110,800
61% below
US avg: $281,900
Median Rent
$764/mo
34% below
US avg: $1,163/mo
Homeownership Rate
70.6%
8% above US avg (65.4%)
Total Housing Units
863
Median year built: 1981
Home Value by Source
Census Median
$110,800
Zillow (ZHVI)
$169,199
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.6%
Owner-Occupied
29.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$764/mo
Affordability & Housing Stock
Rent Burden
19.9%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
70.6%
Complete Housing Data
Home Values
| Census Median Value | $110,800 |
| Zillow Home Value (ZHVI) | $169,199 |
Rent
| Census Median Rent | $764 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
Ownership & Stock
| Owner-Occupied | 70.6% |
| Renter-Occupied | 29.4% |
| Homeownership Rate | 70.6% |
| Total Housing Units | 863 |
| Median Year Built | 1981 |
| Rent Burden | 19.9% |