Troy, TN
Population 1,915 · Tennessee
About Troy, TN
Troy is a small community in Tennessee with a population of 1,915 residents. The median household income is $52,656 per year, which is near the national average. The median age in Troy is 36 years.
Housing in Troy has a median home value of $110,800 and median monthly rent of $764. Of the 847 total housing units, the majority are owner-occupied, with 565 owner-occupied and 235 renter-occupied units.
The unemployment rate in Troy is 4.5% and the poverty rate is 13.3%. 19.4% of residents hold a bachelor's degree or higher. The average commute time is 18.5 minutes.
Cost of Living in Troy, TN
Compared to national averages, Troy has a median household income of $52,656 (30% below the national median of $75,149). Home values average $110,800, which is 55% below the national median. Monthly rent at $764 is 34% below the US average of $1,163. Within Tennessee, Troy's income is 16% below the state average of $62,849, and home values are 48% below the state median of $214,371.
Why Live in Troy, TN?
Troy offers affordable housing with a median home value of $110,800, below the US average of $244,900, and rent that’s lower than the national average at $764/month, and short commute times averaging just 18.5 minutes.
Potential considerations include median household income ($52,656) 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 1,915 with a median age of 36 years. Compare Troy with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Troy
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tracy City | 1,924 | $38,250 | $116,000 | Compare |
| New Johnsonville | 1,930 | $75,114 | $138,200 | Compare |
| Valley Forge | 1,900 | $50,259 | $145,500 | Compare |
| Fairmount | 1,932 | $133,232 | $482,700 | Compare |
| Berry Hill | 1,944 | $76,709 | $513,700 | Compare |
| Central | 1,944 | $42,292 | $126,700 | Compare |
| Bon Aqua Junction | 1,877 | $33,295 | $174,800 | Compare |
| Three Way | 1,965 | $91,845 | $231,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
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, TN?
The population of Troy, TN is 1,915 according to the latest Census data.
What is the median household income in Troy?
The median household income in Troy, TN is $52,656 per year.
What is the median home value in Troy?
The median home value in Troy, TN is $110,800.
What is the average rent in Troy?
The median monthly rent in Troy, TN is $764.
What is the unemployment rate in Troy?
The unemployment rate in Troy, TN is 4.5%.