Troy, MO
Population 13,467 · Missouri
About Troy, MO
Troy is a mid-sized city in Missouri with a population of 13,467 residents. The median household income is $75,777 per year, which is above the national average. The median age in Troy is 34.8 years.
Housing in Troy has a median home value of $212,100 and median monthly rent of $1,051. Of the 5,153 total housing units, the majority are owner-occupied, with 3,511 owner-occupied and 1,549 renter-occupied units.
The unemployment rate in Troy is 1.4% and the poverty rate is 11.7%. 13.1% of residents hold a bachelor's degree or higher. The average commute time is 32 minutes.
Cost of Living in Troy, MO
Compared to national averages, Troy has a median household income of $75,777 (1% above the national median of $75,149). Home values average $212,100, which is 13% below the national median. Monthly rent at $1,051 is 10% below the US average of $1,163. Within Missouri, Troy's income is 24% above the state average of $61,047, and home values are 41% above the state median of $150,786.
Why Live in Troy, MO?
Troy offers a strong local economy with a median household income of $75,777, well above the national average, and affordable housing with a median home value of $212,100, below the US average of $244,900, and rent that’s lower than the national average at $1,051/month. Additionally, the city features a strong job market with an unemployment rate of just 1.4%, and a low poverty rate of 11.7%, better than the national average.
Troy has a population of 13,467 with a median age of 34.8 years. Compare Troy with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Troy
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Moberly | 13,634 | $43,231 | $140,000 | Compare |
| Marshall | 13,699 | $54,815 | $145,900 | Compare |
| Webb City | 13,139 | $61,502 | $156,200 | Compare |
| Dardenne Prairie | 13,137 | $155,585 | $392,300 | Compare |
| Festus | 12,965 | $70,085 | $206,200 | Compare |
| Jennings | 12,900 | $37,356 | $62,300 | Compare |
| St. Ann | 12,865 | $52,059 | $118,600 | Compare |
| Neosho | 12,857 | $55,159 | $148,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
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, MO?
The population of Troy, MO is 13,467 according to the latest Census data.
What is the median household income in Troy?
The median household income in Troy, MO is $75,777 per year.
What is the median home value in Troy?
The median home value in Troy, MO is $212,100.
What is the average rent in Troy?
The median monthly rent in Troy, MO is $1,051.
What is the unemployment rate in Troy?
The unemployment rate in Troy, MO is 1.4%.