What is the population of Troy town?

Troy town has 1,915 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #222 of 504 in Tennessee.

What is the median household income in Troy town?

Median household income in Troy town is $52,656 a year, 33% below the national figure of $78,538.

How much does it cost to rent or buy in Troy town?

Median gross rent is $764 a month and the median home value is $110,800, so rent absorbs about 17.4% of median household income.

Is Troy town affordable compared with the rest of the US?

Homes cost about 2.1× the local median income here versus roughly 3.9× nationally, so Troy town is more affordable to buy in than the typical US market, and rent takes 17.4% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Tennessee · Census place 75240

Troy, TN population, income and ZIP codes

Quick answer

The population of the city of Troy, Tennessee (Troy, TN — Census place “Troy town”) is 1,915 residents, ranking #222 of 504 places in Tennessee. Median household income is $52,656, the median home is worth $110,800 and median gross rent runs $764 a month. Looking for the Troy Tennessee ZIP code list? 1 ZIP codes serve Troy, TN: 38260.

Population: 1,915Troy town residents
Median household income: $52,656Past 12 months, inflation adjusted
Median home value: $110,800Owner-occupied units
Median gross rent: $764Rent plus utilities, monthly
Median age: 36 yrsAll residents
Homeownership rate: 70.6%Owner-occupied households

Troy ZIP codes (Tennessee)

Census ZCTAs whose delivery area overlaps Troy.

The Troy TN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

38260

What the numbers mean in Troy town

Housing cost measured against local earnings.

A household earning the Troy town median would spend about 17.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.3% of residents and 70.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Troy town, TN in context

How this area compares with national benchmarks.

Troy town is a small town in Tennessee, with 1,915 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #222 of 504 ranked by population — larger than 56% of them. The median age here is 36 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Troy town earn a median of $52,656 a year, 33% below the national figure of $78,538 and 6% below the $55,988 median for the 307 Tennessee cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 13.3% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Troy town is valued at $110,800, 63.5% below the national figure and 42% below the $191,100 peer median, while median gross rent runs $764 a month, 45.7% below the national figure, or roughly $9,168 across a full year. A household on the local median income would put about 17.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.1×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 70.6% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Tennessee.

More Tennessee coverage.

Frequently asked questions

Common questions about this area.

What is the population of Troy town?: Troy town has 1,915 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #222 of 504 in Tennessee.
What is the median household income in Troy town?: Median household income in Troy town is $52,656 a year, 33% below the national figure of $78,538.
How much does it cost to rent or buy in Troy town?: Median gross rent is $764 a month and the median home value is $110,800, so rent absorbs about 17.4% of median household income.
Is Troy town affordable compared with the rest of the US?: Homes cost about 2.1× the local median income here versus roughly 3.9× nationally, so Troy town is more affordable to buy in than the typical US market, and rent takes 17.4% of median income against the 30% cost-burden line.
How current is this Troy town data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.