Troy is a small town of 1,941 in Tennessee, with a median household income of $49,839
and a 3.7% unemployment rate.
Its cost of living index is 87 (US average = 100), which is
13% below the national average.
Strengths:
Troy stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Troy is right for you depends on your priorities — the full breakdown is below.
All Troy city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.4
Troy's overall cost of living index is 87.4,
where 100 represents the US national average.
Living in Troy costs roughly 13% less than the average American city.
Metric
Troy, TN
National Avg
Median Home Value
$100,800
$244,900
Median Monthly Rent
$751
$1,163
Homeownership Rate
70.7%
65.9%
Median Household Income
$49,839
$74,755
Crime & Safety
Safer than Average
Troy's violent crime rate is 415.7 per 100,000 residents
— 9% higher than the national average of ~380 per 100,000.
Violent Crime
415.7 /100k
Property Crime
1513.2 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Troy is served primarily by Obion County.
Metric
Troy, TN
National Avg
School District
Obion County
—
Elementary Schools
5
—
Middle Schools
N/A
—
High Schools
2
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
18.1%
35.4%
High School Diploma or Higher
78.1%
91.1%
Weather & Climate
Troy sees average highs of 44.5°F in January
and 88.4°F in July,
with 53.8 inches of annual precipitation
and 5.8 inches of snow per year.
Troy's cost of living index is 87, where 100 is the national average.
That makes Troy roughly 13% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $100,800 and median rent is $751/month.
Troy's violent crime rate is 415.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1513.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Troy are operated by Obion County.
The district has 5 elementary, several middle, and 2 high schools.
18.1% of adults 25+ hold a bachelor's degree or higher.
Troy, TN has a population of 1,941, a median household income of $49,839, and an unemployment rate of 3.7%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Troy averages 44.5°F in January and 88.4°F in July. Annual rainfall is 53.8 inches
with about 5.8 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Troy, TN is covered by 1 ZIP code: 38260.
The population of Troy, Tennessee is 1,941 with a median age of 37.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Troy: cost of living index 87 (100 = US average), median home $100,800, median household income $49,839, crime index 94 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Troy side by side with your current city to see the trade-offs.
