Troy, KS
Population 794 · Kansas
About Troy, KS
Troy is a small community located in Kansas with a population of 794 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,900 per year, which is 32% below the national median of $75,149. The median age of 44 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Troy features a median home value of $109,600, which is 55% below the national median of $244,900. This makes Troy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $814, 30% below the national average of $1,163/month. Of the 398 total housing units, 69% are owner-occupied (240 units) and 31% are renter-occupied (108 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Troy shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Troy have an average one-way commute time of 21 minutes.
Education & Demographics
19.1% of Troy residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.7% White, 0.6% Hispanic or Latino, 1.4% Black or African American, and 0.3% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Troy, KS
Compared to national averages, Troy has a median household income of $50,900 (32% below the national median of $75,149). Home values average $109,600, which is 55% below the national median. Monthly rent at $814 is 30% below the US average of $1,163. Within Kansas, Troy's income is 20% below the state average of $63,989, and home values are 4% below the state median of $113,913.
Why Live in Troy, KS?
Troy offers affordable housing with a median home value of $109,600, below the US average of $244,900, and rent that’s lower than the national average at $814/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 8.2%, better than the national average, and short commute times averaging just 21 minutes.
Potential considerations include median household income ($50,900) 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 794 with a median age of 44 years. Compare Troy with other cities to see how it stacks up, or explore all cities in Kansas.
Similar Cities Near Troy
Cities in Kansas with a similar population size.
Demographics
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Economy & Education
Housing
Other Cities in Kansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Troy
What is the population of Troy, KS?
The population of Troy, KS is 794 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kansas.
What is the median household income in Troy?
The median household income in Troy, KS is $50,900 per year, which is 32% below the national median of $75,149.
What is the median home value in Troy?
The median home value in Troy, KS is $109,600, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Troy?
The median monthly rent in Troy, KS is $814, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Troy?
The unemployment rate in Troy, KS is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Troy, KS a good place to live?
Troy offers a moderate cost of living, affordable housing, and a strong job market. With a population of 794 and a median age of 44, the city appeals to a broad range of residents.
How educated is Troy, KS?
19.1% of residents in Troy aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Troy?
Key cost-of-living indicators for Troy, KS: median home value is $109,600 (55% below national), median rent is $814/month, and median household income is $50,900. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Troy?
The poverty rate in Troy, KS is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Troy, KS?
Troy's population is 3.7% White, 0.6% Hispanic or Latino, 1.4% Black or African American, 0.3% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.