Troy, a city located in the state of Alabama (AL), is home to a population of approximately 17,757 people. Troy boasts a median age of 24.3, with around 16.2% of its residents aged 60 or above. 7.1% of the population identifies as US Veterans. 11% of Troy residents are disabled. The city has an average household income of $38,783, while the unemployment rate stands at 3.5%, and around 27.7% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Troy is $190,945, with a monthly rent averaging $826.