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According to statistics, the population in Troy, AL amounts to 19,010, which shows decline 0% compared to the previous year. The median age of the city’s residents is 26. The average household income is $30,538, shifting growth 8% from the past year, and the average property value in Troy, AL decline -2% to $147,600 throughout the year.
|Number Of Employees||8,658|
|Median Property Value||$147,600|
The average household income in Troy, AL grew from $28,148 to $30,538 in the past year. This data is an estimate based upon 6,926 households in Troy, AL . The chart below presents how household income is distributed in Troy, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Troy, AL shifted from $150,900 to $147,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Troy, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Troy, AL properties falls in the '$150,000 to $174,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Troy, AL compared to median property taxes around the country. The prevalent amount of property taxes in Troy, AL equals $800, which is less than the national average.
|Apartment Size||May||vs Last Month|
|3 bed apartments||$359,900||+32.8%|
|4+ bed apartments||$276,874||-15.5%|
During May 2021, the average price for an apartment in/near Troy, AL decreased by 2% to $310,084.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $359,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $276,874 for a big-family home.
|Listing Type||May||vs Last Month|
|Apartments for sale||$290,311||-7.6%|
|Lofts for sale||$362,929||N/A|
|Houses for sale||$323,266||+29%|
While assessing the property pricing Troy, AL, you can note that it remains flat with a price tag of $290,311. According to statistics, average house is still $323,266 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $362,929.
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