Everything You Should Know Before Moving to Troy, NC
Considering a move to Troy, NC? With a friendly population of about 3,200, Troy offers affordable living with median home prices around $132,000 and average rents of $750. Residents enjoy short 22-minute commutes, a mild climate with 62% sunny days, and access to local schools and healthcare. While crime rates are above national averages, Troy's small-town charm, low cost of living, and easy access to outdoor recreation make it a practical choice for those seeking a quiet North Carolina lifestyle.
Demographics - Troy, NC
Troy, NC is a close-knit community of about 3,200 residents, featuring a diverse population with nearly half identifying as White, and significant Black and Hispanic communities. The median age is 37, suggesting a balanced mix of families and working adults, while around 12% of residents speak a language other than English at home.
Population:
3,187
Density:
1,160 per sq mi
Median Age:
37.2
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
12.3%
Ethnic Composition
White:
48.5%
Black:
32.7%
Others:
3.6%
Cost Of Living
What is the average cost of living in Troy, NC?
Troy offers an affordable cost of living, with median home values at $132,000 and average rents around $750, well below the national average. Everyday expenses like groceries and utilities are also generally lower, making it a budget-friendly choice for families and retirees.
Median House Value:
$132,000
Gross Rent:
$750
Monthly Electricity Charges:
$115
Auto Insurance:
$1,060
House Owner Cost With Mortgage:
$1,040
House Owner Cost Without Mortgage:
$360
State Taxes:
Low:
5.25%
|
High:
5.25%
Cost Of Living Index:
82.4
Grocery:
93.5
Housing:
58.3
Utilities:
98.2
Transportation:
92.7
Health Care:
98.1
Miscellaneous:
96.0
Crime
Is Troy, NC a safe place to live?
Troy experiences higher-than-average crime, with a 1 in 320 chance of being a victim of violent crime and property crime rates at 1 in 49. While safety is a consideration, residents appreciate the town’s close community ties and proactive local law enforcement.
Violent Crimes Per 100k:
312
Property Crimes Per 100k:
2,020
Crime Index:
2,332
Chance Of Violent Crime:
1 in 320
Chance Of Property Crime:
1 in 49
Weather
What is the weather like in Troy, NC year-round?
Troy enjoys a mild climate with warm summers reaching highs near 89°F and mild winters averaging lows around 29°F. The area sees about 48 inches of rainfall annually and boasts 62% sunny days, providing plenty of opportunities for outdoor activities year-round.
Winter
Min:
29°F
Max:
51°F
Spring
Min:
48°F
Max:
74°F
Summer
Min:
65°F
Max:
89°F
Fall
Min:
50°F
Max:
75°F
Average Rainfall Inches:
48.2 inches
Sunny Days Percentage:
62%
Neighbors
Local households in Troy have a median income of $36,400, with a poverty rate of about 26% and an unemployment rate just under 5%. Most residents have a high school education or higher, and the average commute is a short 22 minutes, reflecting the town’s small size and accessible amenities.
Median Income:
$26,900
Household Income:
$36,400
Family Income:
$46,200
Per Capita Income:
$17,900
Income Male:
$29,800
Income Female:
$22,700
Poverty Rate:
26.2%
Non English Speakers:
12.3%
Rent:
$750
Unemployment Rate:
4.9%
Public Transport Usage:
0.8%
Commute Time:
21.8 minutes
Education
High School or Higher:
81.7%
Bachelors or More:
12.9%
Education
How are the schools in Troy, NC?
Troy supports a range of educational options, including public schools with favorable student-teacher ratios and a local community college serving over 1,300 students. The town’s educational environment is complemented by nearby colleges and a private school, ensuring diverse opportunities for learners of all ages.
Public Schools
Name:
Troy Elementary School
Street:
310 North Russell St
Phone:
910-576-2514
Students:
480
Student Teacher Ratio:
14:1
Name:
Montgomery Central High School
Street:
770 Timberwolf Dr
Phone:
910-576-6511
Students:
1,010
Student Teacher Ratio:
15:1
Private Schools
Name:
First Assembly Christian Academy
Street:
402 N Main St
Phone:
910-572-1477
Students:
110
Colleges
Name:
Montgomery Community College
City:
Troy
State:
NC
Distance:
0 miles
Students:
1,300
Name:
Stanly Community College
City:
Albemarle
State:
NC
Distance:
20 miles
Students:
2,800
Healthcare
Residents of Troy have access to FirstHealth Montgomery Memorial Hospital, offering general and emergency care within town limits. With 1.6 physicians per 1,000 people and nearly 85% of residents insured, the community benefits from reliable healthcare resources.
Major Hospitals
Name:
FirstHealth Montgomery Memorial Hospital
Address:
520 Allen St, Troy, NC 27371
Phone:
(910) 571-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.6
Health Insurance Coverage:
84.5%
Health Care Index:
71.2
Housing Market
What is the housing market like in Troy, NC?
The Troy housing market is characterized by affordable home prices, with a median of $132,000 and average two-bedroom rent at $750. Over half of homes are owner-occupied, and the market has seen a healthy 7.6% appreciation over the past year, making it attractive for both buyers and renters.
Median Home Price:
$132,000
Average Rent For 2 Bedroom:
$750
Owner Occupied Rate:
55.3%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
7.6%
New Construction Rate:
0.8%
Foreclosure Rate:
0.7%
DMV Information
Driver and vehicle services in Troy are provided by the North Carolina Division of Motor Vehicles, conveniently located on North Main Street. Residents can access licensing, registration, and other DMV needs locally or online through the state website.
State:
North Carolina
Department:
North Carolina Division of Motor Vehicles
Address:
314 N Main St, Troy, NC 27371
Phone:
(919) 715-7000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.