Troy, TN Real Estate
According to census data in the year 2000 there were 591 housing units in Troy.
This represents a 30.2% growth from 454 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 591 were located in what is classified as a rural area.
Homeownership rate in Troy is about 74%.
Troy's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Troy were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 5.60% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 54% |
| Four Bedrooms | 3.70% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $59,900 |
| Median Price asked for vacant units | $65,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $333 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 52.30% |
| Debt Free | 41.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
