North Troy, VT
Population 550 · Vermont
About North Troy, VT
North Troy is a small community located in Vermont with a population of 550 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,797 per year, which is 31% below the national median of $75,149. The median age of 34.5 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 North Troy features a median home value of $120,200, which is 51% below the national median of $244,900. This makes North Troy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $541, 53% below the national average of $1,163/month. Of the 262 total housing units, 77% are owner-occupied (168 units) and 23% are renter-occupied (51 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in North Troy shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 19.2%, above the national average of 12.4%. Workers in North Troy have an average one-way commute time of 37.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
21.5% of North Troy residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.8% Hispanic or Latino, 2.7% Black or African American, and 0.0% Asian residents, with 2.2% of the population being foreign-born.
How North Troy Ranks in Vermont
Cost of Living in North Troy, VT
Compared to national averages, North Troy has a median household income of $51,797 (31% below the national median of $75,149). Home values average $120,200, which is 51% below the national median. Monthly rent at $541 is 53% below the US average of $1,163. Within Vermont, North Troy's income is 29% below the state average of $72,974, and home values are 53% below the state median of $255,863.
Why Live in North Troy, VT?
North Troy offers affordable housing with a median home value of $120,200, below the US average of $244,900, and rent that’s lower than the national average at $541/month.
Potential considerations include median household income ($51,797) that falls below the national average. However, North Troy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
North Troy has a population of 550 with a median age of 34.5 years. Compare North Troy with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near North Troy
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hartford Village | 548 | $71,250 | $0 | Compare |
| Bethel | 555 | $66,250 | $269,100 | Compare |
| Pittsford | 559 | $44,107 | $162,100 | Compare |
| Underhill Flats | 537 | $72,422 | $275,300 | Compare |
| Killington Village | 578 | $62,000 | $400,000 | Compare |
| Stamford | 522 | $88,750 | $263,600 | Compare |
| Huntington | 579 | $87,250 | $264,100 | Compare |
| Hinesburg | 581 | $53,627 | $230,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Vermont
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare North Troy With Other Cities
Frequently Asked Questions about North Troy
What is the population of North Troy, VT?
The population of North Troy, VT is 550 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Vermont.
What is the median household income in North Troy?
The median household income in North Troy, VT is $51,797 per year, which is 31% below the national median of $75,149.
What is the median home value in North Troy?
The median home value in North Troy, VT is $120,200, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in North Troy?
The median monthly rent in North Troy, VT is $541, which is 53% below the national average of $1,163/month.
What is the unemployment rate in North Troy?
The unemployment rate in North Troy, VT is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is North Troy, VT a good place to live?
North Troy offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 550 and a median age of 34.5, the city appeals to young professionals and families.
How educated is North Troy, VT?
21.5% of residents in North 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 North Troy?
Key cost-of-living indicators for North Troy, VT: median home value is $120,200 (51% below national), median rent is $541/month, and median household income is $51,797. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in North Troy?
The poverty rate in North Troy, VT is 19.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is North Troy, VT?
North Troy's population is 0.0% White, 1.8% Hispanic or Latino, 2.7% Black or African American, 0.0% Asian, and 1.3% two or more races. 2.2% of residents are foreign-born.