Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
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.
Troy, Illinois is a moderately-sized city with a population of 10,601 people. The majority of Troy residents report their race to be White; this is followed by Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Troy is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Troy can be a positive experience for anyone relocating to the town. Having said that, in the state of Illinois, there are many incredible 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 Illinois and national averages.
Troy, IL receives 78 out of 100 for its livability score; this results in a ranking of #121 in Illinois and #2,389 in the USA. Compared to the United States average, Troy ranks among some of the best places to live in the country! This city is also ranked in the top 10 percentile of all cities across the USA. For each of the livability categories, we see that Troy ranks very well for crime (A+), cost of living (A+), employment (A+) and housing (A+). There is at least one category that does not have great scores in Troy. The following was graded with a disappointing score: amenities (F).
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 9 crimes per 100,000 residents, Troy has a violent crime rate that is far below the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Troy has an unemployment rate of 1.8% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Troy excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Troy. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Troy are affordable. The median home price for Troy homes is $341,589, which is 10.7% higher than the Illinois average. If we take a closer look at the affordability of homes in Troy, we’ll see that the home price to income ratio is 3, which is 14.3% lower than the Illinois average.
| Statistic | Troy | Illinois | National |
| Average one way commute | 26min | 29min | 26min |
| Workers who drive to work | 87.5% | 73.4% | 76.4% |
| Workers who carpool | 6.9% | 8.3% | 9.3% |
| Workers who take public transit | 0.2% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 1.7% | 3.1% | 2.8% |
| Working from home | 3.8% | 4.4% | 4.6% |
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