Troy, AL Real Estate
According to census data in the year 2000 there were 6,333 housing units in Troy.
This represents a 23% growth from 5,150 in 1990.
Of those housing units, 5,274 were located in either urbanized areas or urban clusters, and 1,059 were located in what is classified as a rural area.
Homeownership rate in Troy is about 55.8%.
Troy's vacancy rate, including seasonal lodging, is about 12.9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Troy were built after 1976.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.57|
|Median year structure was built||1975|
|Median Value of occupied units||$87,800|
|Median Price asked for vacant units||$43,200|
Rented Homes, Apartments and Condos
|Average Household Size||1.93|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$253|
Owners Finance Status
|Second Mortgage & Equity Loan||0.60%|
|Home Equity Loan||7.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.8%|