Troy, AL
17,716Residents
$50,717Median household income
$922/moMedian gross rent
$231,400Median home value
25.3Median age
40%Adults with a bachelor’s degree or higher
47%Homes lived in by their owners
4.6×Home value to household income
Median rent takes about 22% of the median household income in Troy.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $37,000 a year. In Alabama that leaves roughly $2,520 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.