Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Troy is a moderately-sized city located in the state of Alabama. The city has a population of 18,995 people. Troy is known to be an ethnically diverse city. The two most common races are White (56%) and Black or African American (39%). Troy tends to attract a younger crowd, as the median age of 26 is far below the national average. Troy is very likely to be a great place to live for singles as only 33%, of the population (over fifteen) are classified as married. If you prefer shorter commutes, living in Troy will be a delight. With an average one-way commute time of just 21 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Troy can be a fulfilling experience for anyone relocating to the area. Having said that, in the state of Alabama, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Troy and in surrounding cities are easier to find when you are able to make informed decisions. Using data from commute, health & safety, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Alabama and national averages.
Troy has a livability score of 65 out of 100 and is ranked #65 in Alabama and #10,806 in the USA. For each of the livability categories, we see that Troy ranks very well for cost of living (A+). Troy does not rank well for the following: employment (F). It might be wise to take a closer look at each category to find out why.
When contemplating a move, job prospects often top the list of priorities. In Troy, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.03% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Troy real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Troy. Median real estate prices in Troy come in at $160,800, which is 25.1% higher than the Alabama average. The home price to income ratio compares the median home prices to the median household income. In Troy, the home price to income ratio is 4.7, which is 62.1% higher than the Alabama average.
|Average one way commute
|Workers who drive to work
|Workers who carpool
|Workers who take public transit
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|Working from home