Troy, TX
Population 2,628 · Texas
About Troy, TX
Troy is a small community in Texas with a population of 2,628 residents. The median household income is $81,193 per year, which is above the national average. The median age in Troy is 32.5 years.
Housing in Troy has a median home value of $188,200 and median monthly rent of $1,141. Of the 951 total housing units, the majority are owner-occupied, with 616 owner-occupied and 305 renter-occupied units.
The unemployment rate in Troy is 7.0% and the poverty rate is 6.2%. 24.3% of residents hold a bachelor's degree or higher. The average commute time is 23.2 minutes.
Cost of Living in Troy, TX
Compared to national averages, Troy has a median household income of $81,193 (8% above the national median of $75,149). Home values average $188,200, which is 23% below the national median. Monthly rent at $1,141 is 2% below the US average of $1,163. Within Texas, Troy's income is 12% above the state average of $72,726, and home values are 11% below the state median of $211,769.
Why Live in Troy, TX?
Troy offers a strong local economy with a median household income of $81,193, well above the national average, and affordable housing with a median home value of $188,200, below the US average of $244,900, and rent that’s lower than the national average at $1,141/month. Additionally, the city features a low poverty rate of 6.2%, better than the national average, and short commute times averaging just 23.2 minutes.
Troy has a population of 2,628 with a median age of 32.5 years. Compare Troy with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Troy
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Briarcliff | 2,630 | $129,524 | $477,400 | Compare |
| Merkel | 2,630 | $62,368 | $99,000 | Compare |
| Pottsboro | 2,624 | $75,909 | $246,300 | Compare |
| Overton | 2,633 | $76,384 | $114,100 | Compare |
| Floydada | 2,618 | $45,848 | $83,400 | Compare |
| Westworth Village | 2,618 | $90,750 | $330,000 | Compare |
| Panhandle | 2,613 | $86,354 | $151,800 | Compare |
| Seymour | 2,607 | $38,984 | $90,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of Troy, TX is 2,628 according to the latest Census data.
What is the median household income in Troy?
The median household income in Troy, TX is $81,193 per year.
What is the median home value in Troy?
The median home value in Troy, TX is $188,200.
What is the average rent in Troy?
The median monthly rent in Troy, TX is $1,141.
What is the unemployment rate in Troy?
The unemployment rate in Troy, TX is 7.0%.