Tennessee · Census place 75240
Troy town, TN
Quick answer
Troy town has 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.
- 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
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
Compare with nearby places
Places of similar size in Tennessee.
- Fairmount CDP 1,932
- New Johnsonville city 1,930
- Tracy City town 1,924
- Valley Forge CDP 1,900
- Bon Aqua Junction CDP 1,877
- Charlotte town 1,864
- Whitwell city 1,863
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