City

Troy, TN

1 ZIP code  ·  Obion County  ·  Tennessee

👥3,846Population
💰$49,336Median HH Income▼ 35% below avg
🎂45.7Median Age
🏠$117,100Median Home Value▼ 58% below avg
🎓23.2%College Grads▼ 40% below avg
📊4.4%Unemployment▼ 9% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.2% Female 49.8% ♀

Race & Ethnicity

White: 94.8%Hispanic: 0.5%Black: 2.4%Other: 2%Race
White94.8%
Hispanic0.5%
Black2.4%
Other2.0%

Age Breakdown

Under 5
3%
5–17
16%
18–24
7%
25–44
24%
45–64
27%
65+
11%

Key Indicators

Median Age45.7 yrs
Avg HH Size2.33
Below Poverty13.7% ▲ 37% above avg
College Grads23.2% ▼ 40% below avg
Unemployment4.4% ▼ 9% below avg
No HS Diploma27 (1.1%)
HS Graduate1,115 (46.8%)
Some College328 (13.8%)
Associates358 (15%)
Bachelors103 (4.3%)
Graduate Degree450 (18.9%)

Education

No HS: 1.1%HS Grad: 46.8%Some College: 13.8%Associates: 15%Bachelors: 4.3%Graduate: 18.9%Edu
No HS1.1%
HS Grad46.8%
Some College13.8%
Associates15.0%
Bachelors4.3%
Graduate18.9%
Housing & Income

Housing Tenure

Owner: 78.9%Renter: 21.1%Tenure
Owner78.9%
Renter21.1%

Home Value Distribution

Under $50k
11%
$50k–$100k
27%
$100k–$150k
25%
$150k–$200k
13%
$200k–$300k
12%
$300k–$500k
10%
Over $500k
1%

Financials

Median HH Income$49,336 ▼ 35% below avg
Median Home Value$117,100 ▼ 58% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$780/mo
Total Housing Units1,794
Vacant Units150

Income Distribution

Under $25k
23%
$25k–$50k
23%
$50k–$75k
21%
$75k–$100k
14%
$100k–$150k
14%
$150k–$200k
4%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
97%
Work From Home
3%

Commute Time

Under 15 min
24%
15–30 min
57%
30–45 min
14%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
10%
1960s–1970s
14%
1980s–1990s
16%
2000+
57%
About Troy, TN

Troy is a city in Tennessee, located in Obion County. The city spans 1 ZIP code and is home to approximately 3,846 residents. It is a mature city, with a median age of 45.7 years.

Economically, Troy is a working-class community. The median household income of $49,336 is below the national average. Approximately 13.7% of residents live below the poverty line. The unemployment rate is 4.4%, near the national average.

The real estate market in Troy is one of the more affordable housing markets in the country. Median home values stand at $117,100, which is well below the national average. Renters typically pay around $780 per month. Homeownership is high at 78.9%, typical of suburban and family-oriented communities.

The population of Troy is less-educated. 23.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (94.83%).

Troy, TN offers residents a cost-conscious lifestyle within Tennessee.

ZIP Codes in Troy
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
38260 3,846 $49,336 $117,100 $780 4.4% 23.2% 78.9%