Troy Hills, NJ
Population 5,183 · New Jersey
About Troy Hills, NJ
Troy Hills is a small town located in New Jersey with a population of 5,183 residents according to the latest US Census Bureau American Community Survey data. The median household income is $180,618 per year, which is 140% above the national median of $75,149. The median age of 46.7 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 Hills features a median home value of $634,600, which is 159% above the national median of $244,900. This places Troy Hills in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,250, 179% above the national average of $1,163/month. Of the 1,657 total housing units, 92% are owner-occupied (1,471 units) and 8% are renter-occupied (133 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Troy Hills shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Troy Hills have an average one-way commute time of 30.3 minutes.
Education & Demographics
62.4% of Troy Hills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.1% White, 0.1% Hispanic or Latino, 0.5% Black or African American, and 2.0% Asian residents, with 41.6% of the population being foreign-born.
Cost of Living in Troy Hills, NJ
Compared to national averages, Troy Hills has a median household income of $180,618 (140% above the national median of $75,149). Home values average $634,600, which is 159% above the national median. Monthly rent at $3,250 is 179% above the US average of $1,163. Within New Jersey, Troy Hills's income is 56% above the state average of $115,667, and home values are 35% above the state median of $469,644.
Why Live in Troy Hills, NJ?
Troy Hills offers a strong local economy with a median household income of $180,618, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 62.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $634,600. However, Troy Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Troy Hills has a population of 5,183 with a median age of 46.7 years. Compare Troy Hills with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Troy Hills
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beach Haven West | 5,164 | $116,949 | $577,500 | Compare |
| Ledgewood | 5,150 | $125,000 | $454,100 | Compare |
| Wildwood | 5,140 | $51,996 | $361,200 | Compare |
| Bargaintown | 5,231 | $127,734 | $307,100 | Compare |
| Margate City | 5,260 | $114,417 | $645,200 | Compare |
| Beckett | 5,072 | $119,063 | $279,300 | Compare |
| Salem | 5,315 | $40,650 | $69,300 | Compare |
| Englewood Cliffs | 5,330 | $222,192 | $1,232,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Troy Hills With Other Cities
Frequently Asked Questions about Troy Hills
What is the population of Troy Hills, NJ?
The population of Troy Hills, NJ is 5,183 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Troy Hills?
The median household income in Troy Hills, NJ is $180,618 per year, which is 140% above the national median of $75,149.
What is the median home value in Troy Hills?
The median home value in Troy Hills, NJ is $634,600, which is 159% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Troy Hills?
The median monthly rent in Troy Hills, NJ is $3,250, which is 179% above the national average of $1,163/month.
What is the unemployment rate in Troy Hills?
The unemployment rate in Troy Hills, NJ is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Troy Hills, NJ a good place to live?
Troy Hills offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,183 and a median age of 46.7, the city appeals to established professionals and retirees.
How educated is Troy Hills, NJ?
62.4% of residents in Troy Hills aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Troy Hills?
Key cost-of-living indicators for Troy Hills, NJ: median home value is $634,600 (159% above national), median rent is $3,250/month, and median household income is $180,618. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Troy Hills?
The poverty rate in Troy Hills, NJ is 4.2%, 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 Hills, NJ?
Troy Hills's population is 0.1% White, 0.1% Hispanic or Latino, 0.5% Black or African American, 2.0% Asian, and 0.7% two or more races. 41.6% of residents are foreign-born.