Troy, NC
Population 2,905 · North Carolina
About Troy, NC
Troy is a small community in North Carolina with a population of 2,905 residents. The median household income is $60,167 per year, which is near the national average. The median age in Troy is 40.8 years.
Housing in Troy has a median home value of $134,500 and median monthly rent of $554. Of the 1,312 total housing units, renting is more common than owning, with 487 owner-occupied and 561 renter-occupied units.
The unemployment rate in Troy is 1.6% and the poverty rate is 18.1%. 23.5% of residents hold a bachelor's degree or higher. The average commute time is 24.9 minutes.
How Troy Ranks in North Carolina
Cost of Living in Troy, NC
Compared to national averages, Troy has a median household income of $60,167 (20% below the national median of $75,149). Home values average $134,500, which is 45% below the national median. Monthly rent at $554 is 52% below the US average of $1,163. Within North Carolina, Troy's income is 7% below the state average of $64,468, and home values are 41% below the state median of $228,922.
Why Live in Troy, NC?
Troy offers affordable housing with a median home value of $134,500, below the US average of $244,900, and rent that’s lower than the national average at $554/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features short commute times averaging just 24.9 minutes.
Potential considerations include median household income ($60,167) 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 2,905 with a median age of 40.8 years. Compare Troy with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Troy
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Junaluska | 2,903 | $82,115 | $329,600 | Compare |
| Fairfield Harbour | 2,898 | $69,661 | $278,800 | Compare |
| River Bend | 2,896 | $68,314 | $233,700 | Compare |
| Bayshore | 2,870 | $97,174 | $498,300 | Compare |
| Lake Royale | 2,959 | $96,250 | $263,000 | Compare |
| Carthage | 2,840 | $62,177 | $194,100 | Compare |
| Yadkinville | 2,986 | $43,577 | $172,800 | Compare |
| Pembroke | 2,823 | $22,940 | $114,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
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, NC?
The population of Troy, NC is 2,905 according to the latest Census data.
What is the median household income in Troy?
The median household income in Troy, NC is $60,167 per year.
What is the median home value in Troy?
The median home value in Troy, NC is $134,500.
What is the average rent in Troy?
The median monthly rent in Troy, NC is $554.
What is the unemployment rate in Troy?
The unemployment rate in Troy, NC is 1.6%.