City

Troy, MT

1 ZIP code  ·  Lincoln County  ·  Montana

👥3,359Population
💰$37,130Median HH Income▼ 51% below avg
🎂51.4Median Age
🏠$278,800Median Home Value≈ Avg
🎓21.5%College Grads▼ 44% below avg
📊3.7%Unemployment▼ 25% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.8% Female 48.2% ♀

Race & Ethnicity

White: 88.9%Hispanic: 2.2%Asian: 0.4%Other: 6.4%Race
White88.9%
Hispanic2.2%
Asian0.4%
Other6.4%

Age Breakdown

Under 5
6%
5–17
16%
18–24
4%
25–44
17%
45–64
24%
65+
16%

Key Indicators

Median Age51.4 yrs
Avg HH Size2.47
Below Poverty18.1% ▲ 81% above avg
College Grads21.5% ▼ 44% below avg
Unemployment3.7% ▼ 25% below avg
No HS Diploma22 (0.9%)
HS Graduate1,000 (42.8%)
Some College372 (15.9%)
Associates440 (18.8%)
Bachelors164 (7%)
Graduate Degree339 (14.5%)

Education

No HS: 0.9%HS Grad: 42.8%Some College: 15.9%Associates: 18.8%Bachelors: 7%Graduate: 14.5%Edu
No HS0.9%
HS Grad42.8%
Some College15.9%
Associates18.8%
Bachelors7.0%
Graduate14.5%
Housing & Income

Housing Tenure

Owner: 84.8%Renter: 15.2%Tenure
Owner84.8%
Renter15.2%

Home Value Distribution

Under $50k
10%
$50k–$100k
6%
$100k–$150k
13%
$150k–$200k
10%
$200k–$300k
14%
$300k–$500k
25%
Over $500k
22%

Financials

Median HH Income$37,130 ▼ 51% below avg
Median Home Value$278,800 ≈ Avg
Home/Income Ratio7.5x (nat avg ~3.5x)
Median Rent$975/mo
Total Housing Units1,979
Vacant Units621

Income Distribution

Under $25k
28%
$25k–$50k
30%
$50k–$75k
16%
$75k–$100k
7%
$100k–$150k
14%
$150k–$200k
2%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
85%
Walked
3%
Work From Home
12%

Commute Time

Under 15 min
40%
15–30 min
14%
30–45 min
31%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
8%
1960s–1970s
15%
1980s–1990s
18%
2000+
56%
About Troy, MT

Troy is a city in Montana, located in Lincoln County. The city spans 1 ZIP code and is home to approximately 3,359 residents. It is a mature city, with a median age of 51.4 years.

Economically, Troy is a lower-income community. The median household income of $37,130 is well below the national average. Approximately 18.1% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.

The real estate market in Troy is a mid-range housing market. Median home values stand at $278,800, which is near the national average. Renters typically pay around $975 per month. Homeownership is high at 84.8%, typical of suburban and family-oriented communities.

The population of Troy is less-educated. 21.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (88.87%).

Troy, MT offers residents a cost-conscious lifestyle within Montana.

ZIP Codes in Troy
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
59935 3,359 $37,130 $278,800 $975 3.7% 21.5% 84.8%