Troy, MT
Population 906 · Montana
About Troy, MT
Troy is a small community in Montana with a population of 906 residents. The median household income is $36,641 per year, which is below the national average. The median age in Troy is 29.6 years.
Housing in Troy has a median home value of $182,100 and median monthly rent of $573. Of the 388 total housing units, the majority are owner-occupied, with 266 owner-occupied and 55 renter-occupied units.
The unemployment rate in Troy is 1.9% and the poverty rate is 31.3%. 10.6% of residents hold a bachelor's degree or higher. The average commute time is 20.9 minutes.
How Troy Ranks in Montana
Cost of Living in Troy, MT
Compared to national averages, Troy has a median household income of $36,641 (51% below the national median of $75,149). Home values average $182,100, which is 26% below the national median. Monthly rent at $573 is 51% below the US average of $1,163. Within Montana, Troy's income is 44% below the state average of $65,821, and home values are 37% below the state median of $288,703.
Why Live in Troy, MT?
Troy offers affordable housing with a median home value of $182,100, below the US average of $244,900, and rent that’s lower than the national average at $573/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($36,641) 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 906 with a median age of 29.6 years. Compare Troy with other cities to see how it stacks up, or explore all cities in Montana.
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Other Cities in Montana
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, MT?
The population of Troy, MT is 906 according to the latest Census data.
What is the median household income in Troy?
The median household income in Troy, MT is $36,641 per year.
What is the median home value in Troy?
The median home value in Troy, MT is $182,100.
What is the average rent in Troy?
The median monthly rent in Troy, MT is $573.
What is the unemployment rate in Troy?
The unemployment rate in Troy, MT is 1.9%.