Troy, AL
Population 17,733 · Alabama
About Troy, AL
Troy is a mid-sized city in Alabama with a population of 17,733 residents. The median household income is $47,595 per year, which is below the national average. The median age in Troy is 24.7 years.
Housing in Troy has a median home value of $214,100 and median monthly rent of $943. Of the 8,022 total housing units, renting is more common than owning, with 2,987 owner-occupied and 3,346 renter-occupied units.
The unemployment rate in Troy is 3.1% and the poverty rate is 26.1%. 36.5% of residents hold a bachelor's degree or higher. The average commute time is 17.7 minutes.
How Troy Ranks in Alabama
Cost of Living in Troy, AL
Compared to national averages, Troy has a median household income of $47,595 (37% below the national median of $75,149). Home values average $214,100, which is 13% below the national median. Monthly rent at $943 is 19% below the US average of $1,163. Within Alabama, Troy's income is 18% below the state average of $57,952, and home values are 34% above the state median of $159,358.
Why Live in Troy, AL?
Troy offers affordable housing with a median home value of $214,100, below the US average of $244,900, and rent that’s lower than the national average at $943/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a well-educated community where 36.5% of residents hold a bachelor’s degree or higher, and short commute times averaging just 17.7 minutes.
Potential considerations include median household income ($47,595) that falls below the national average. However, Troy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Troy has a population of 17,733 with a median age of 24.7 years. Compare Troy with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Troy
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tillmans Corner | 17,678 | $52,249 | $155,000 | Compare |
| Selma | 17,442 | $32,184 | $102,500 | Compare |
| Calera | 17,188 | $82,441 | $214,200 | Compare |
| Millbrook | 16,923 | $64,522 | $193,600 | Compare |
| Muscle Shoals | 16,670 | $70,927 | $198,300 | Compare |
| Cullman | 18,894 | $63,704 | $215,200 | Compare |
| Hueytown | 16,541 | $62,362 | $142,900 | Compare |
| Prichard | 19,121 | $35,331 | $79,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Troy With Other Cities
Frequently Asked Questions about Troy
What is the population of Troy, AL?
The population of Troy, AL is 17,733 according to the latest Census data.
What is the median household income in Troy?
The median household income in Troy, AL is $47,595 per year.
What is the median home value in Troy?
The median home value in Troy, AL is $214,100.
What is the average rent in Troy?
The median monthly rent in Troy, AL is $943.
What is the unemployment rate in Troy?
The unemployment rate in Troy, AL is 3.1%.