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.
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.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
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.
Employment
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.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Troy, North Carolina is a small-sized city with a population of 3,380 residents. Troy is very likely to be a great place to live for singles as only 45%, of the population (over fifteen) are classified as married.
Living in Troy can be a good experience for anyone moving to the city. Having said that, in the state of North Carolina, 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. 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, employment and other important metrics.
Troy has a livability score of 68/100 and is ranked #157 in North Carolina and #8,462 in the USA. If we check out each of the categories individually, we see that Troy ranks well for housing (A+). Unfortunately for Troy, there are some categories for which it does not score well, this includes: amenities (F), education (D-) and employment (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Troy market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
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 $229,154, which is 20.8% lower than the North Carolina 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 4.8, which is 17.1% higher than the North Carolina average.
| Statistic | Troy | North Carolina | National |
| Average one way commute | 22min | 24min | 26min |
| Workers who drive to work | 93.0% | 81.1% | 76.4% |
| Workers who carpool | 6.1% | 9.8% | 9.3% |
| Workers who take public transit | 0.4% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 1.8% | 2.8% |
| Working from home | 0.0% | 4.8% | 4.6% |
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