Troy, IL Employment - Median Household Income, Unemployment Rate

Troy employment information

Index	Troy	Illinois	National
Income per capita	$29,893	$31,502	$29,829
Median household income	$72,054	$59,196	$55,322
Median income owner occupied	$86,408	$75,354	$70,586
Median income renter occupied	$34,718	$34,488	$35,192
Median earnings male	$50,864	$40,474	$36,919
Median earnings female	$28,378	$27,197	$26,250
Unemployment rate	3.2%	5.3%	4.7%
Poverty level	5.5%	14.0%	15.1%

The Troy, IL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Troy is $29,893, which is 5% lower than than the Illinois average and equal to than the national average. The median household income is $72,054, which is 22% higher than than the Illinois average and 30% higher than than the national average. The unemployment rate in Troy is 3%, which is 31% lower than than the national average. The poverty rate in Troy is 5% which is 64% lower than than the national average.

am i middle class

$48,031$72,054$144,108

City

$39,460$59,196$118,392

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Troy is equal to the national average.
The median household income in Troy is 30% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Troy is 31% lower than the national average.
The poverty level in Troy is 64% lower than the national average.

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Compare Troy, IL Employment To Other Cities

Employment status

Hours worked per week

Troy median earnings by income bracket

Troy employment by industry

Labour Type	Male	Female
Construction industry	7.7%	3.2%
Manufacturing sector	11.8%	0.5%
Financial & insurance services	8.9%	6.6%
Wholesale & retail services	16.6%	9.7%
Public administration	6.1%	2.3%
Transportation, warehousing & utilities	11.7%	4.2%
Education, health & social services	7.1%	37.3%
Other	28.2%	31.8%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Holiday Shores, IL	2,785	$83,307	51%
Maryville, IL	7,837	$82,392	49%
Glen Carbon, IL	12,782	$81,658	48%
Shiloh, IL	13,050	$81,146	47%
O'Fallon, IL	29,078	$80,329	45%
Troy, IL	10,041	$72,054	30%

Cities with similar population

City, State	Population	Household Income	National Avg.
Gages Lake, IL	10,041	$94,144	70%
Bonham, TX	10,040	$33,869	39%
Indianola, MS	10,047	$26,479	52%
Waverly, IA	10,049	$61,007	10%
Avon Park, FL	10,052	$27,793	50%
Troy, IL	10,041	$72,054	30%

Source: The Troy, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).