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.
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.
Ratings
Through surveys and polls, AreaVibes obtained feedback from local residents in the area, and the results did not indicate a favorable outlook on factors like local amenities and the safety of the area.
Troy is a medium-sized city located in the state of Missouri. The city has a population of 12,706 inhabitants. At 94%, the majority of the Troy population is White; this is followed by 2% Black and 1% Asian. Something to be aware of when living in Troy are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 34 minutes, this comes in much higher than the national average of 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Troy could be a positive experience compared to other cities in Missouri if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Troy and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes health & safety, education, housing and other important metrics.
Troy has a livability score of 67/100 and is ranked #179 in Missouri and #9,376 in the USA. There are nine total categories that generate the livability score. Troy ranks well for cost of living (A+), employment (A-) and housing (A+) There are some categories that Troy scores poorly for, including: amenities (F). It might be worth taking a closer look to find out why.
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Troy gets top scores for their low violent crime rates of 144 crimes per 100,000 residents, which are significantly lower than the national average.
The Troy unemployment rate of 2.3% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the 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.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Troy is real estate affordability. Median real estate prices in Troy come in at $277,705, which is 11.3% higher than the Missouri 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 2.7, which is 20.6% lower than the Missouri average.
| Statistic | Troy | Missouri | National |
| Average one way commute | 34min | 23min | 26min |
| Workers who drive to work | 90.5% | 81.6% | 76.4% |
| Workers who carpool | 6.1% | 9.1% | 9.3% |
| Workers who take public transit | 1.4% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 1.9% | 2.8% |
| Working from home | 1.8% | 4.6% | 4.6% |
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