Troy, NH
Population 1,086 · New Hampshire
About Troy, NH
Troy is a small town located in New Hampshire with a population of 1,086 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,938 per year, which is 21% above the national median of $75,149. The median age of 33.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Troy features a median home value of $201,000, which is 18% below the national median of $244,900. This positions Troy in a moderately priced market relative to the rest of the country. Median monthly rent is $1,200, 3% above the national average of $1,163/month. Of the 470 total housing units, 69% are owner-occupied (285 units) and 31% are renter-occupied (126 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Troy shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Troy have an average one-way commute time of 28.1 minutes.
Education & Demographics
28.2% of Troy residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 1.3% Black or African American, and 0.0% Asian residents, with 2.1% of the population being foreign-born.
How Troy Ranks in New Hampshire
Cost of Living in Troy, NH
Compared to national averages, Troy has a median household income of $90,938 (21% above the national median of $75,149). Home values average $201,000, which is 18% below the national median. Monthly rent at $1,200 is 3% above the US average of $1,163. Within New Hampshire, Troy's income is 14% above the state average of $79,671, and home values are 34% below the state median of $303,204.
Why Live in Troy, NH?
Troy offers a strong local economy with a median household income of $90,938, well above the national average, and affordable housing with a median home value of $201,000, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a low poverty rate of 5.2%, better than the national average.
Troy has a population of 1,086 with a median age of 33.3 years. Compare Troy with other cities to see how it stacks up, or explore all cities in New Hampshire.
Similar Cities Near Troy
Cities in New Hampshire with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bethlehem | 1,097 | $65,556 | $243,000 | Compare |
| Greenville | 1,102 | $58,095 | $271,300 | Compare |
| Colebrook | 1,143 | $43,125 | $151,700 | Compare |
| Sanbornville | 1,225 | $0 | $247,600 | Compare |
| West Swanzey | 1,227 | $52,241 | $193,100 | Compare |
| Lincoln | 938 | $56,406 | $283,500 | Compare |
| Marlborough | 925 | $65,800 | $241,800 | Compare |
| Belmont | 1,257 | $51,086 | $150,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Hampshire
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, NH?
The population of Troy, NH is 1,086 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Hampshire.
What is the median household income in Troy?
The median household income in Troy, NH is $90,938 per year, which is 21% above the national median of $75,149.
What is the median home value in Troy?
The median home value in Troy, NH is $201,000, which is 18% 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, NH is $1,200, which is 3% above the national average of $1,163/month.
What is the unemployment rate in Troy?
The unemployment rate in Troy, NH is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Troy, NH a good place to live?
Troy offers above-average incomes, affordable housing, and a strong job market. With a population of 1,086 and a median age of 33.3, the city appeals to young professionals and families.
How educated is Troy, NH?
28.2% 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, NH: median home value is $201,000 (18% below national), median rent is $1,200/month, and median household income is $90,938. 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, NH is 5.2%, 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, NH?
Troy's population is 0.0% White, 0.0% Hispanic or Latino, 1.3% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.1% of residents are foreign-born.