Troy, Alabama: commercial real estate data.
Troy is a Census city of 17,716 people across 28.34 square miles of land, in Pike County. Median household income is $50,717, 47.3 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $11.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Troy
What Troy is
- Census place typecity
- Land area28.34 sq mi
- Water area0.08 sq mi
- Population per square mile of land625
- County holding the largest share of its areaPike County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
How many people live in Troy
- Population17,716
- Median age25.3
- Population under 182,718
- Share under 1815.3 percent
- Population 65 and over2,027
- Share 65 and over11.4 percent
- Households6,397
- Family households3,197
- Share of households that are families50.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
Income and work in Troy
- Median household income$50,717 plus or minus $11,625
- Per capita income$28,552
- Civilian labor force8,532
- Employed8,305
- Unemployed227 plus or minus 187
- Unemployment rate2.7 percent plus or minus 2.2
- Adults 25 and over8,920
- Adults 25 and over with a high school diploma or higher92.5 percent
- Adults 25 and over with a bachelor degree or higher39.7 percent
- Adults 25 and over with a graduate degree15.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
Housing in Troy
- Housing units8,267
- Occupied units6,397
- Vacant units1,870
- Vacancy rate22.6 percent
- Owner occupied3,023
- Renter occupied3,374
- Ownership rate47.3 percent
- Median owner-occupied home value$231,400
- Median gross rent, monthly$922
- Annual rent as a share of median income21.8 percent plus or minus 5.5
- Single family units5,038
- Share single family60.9 percent
- Units in buildings of two or more2,564
- Share in buildings of two or more31.0 percent
- Mobile homes665 plus or minus 165
- Median year structure built1987
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
How Troy gets to work
- Workers 16 and over who commute7,561
- Commuting under 15 minutes4,448
- Share commuting under 15 minutes58.8 percent
- Commuting 30 minutes or more1,559 plus or minus 347
- Share commuting 30 minutes or more20.6 percent plus or minus 4.4
- Drove alone87.9 percent
- Carpooled4.5 percent plus or minus 1.9
- Public transport0.3 percent plus or minus 0.4
- Walked1.7 percent plus or minus 0.9
- Worked from home3.8 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
SBA loans in Troy (7(a))
- Approvals8
- Gross approval$11,920,400
- Average approval$1,490,050
- Median approval$328,950
- Largest approval$5,000,000
- Jobs supported275
- Jobs per approval34.4
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises12.5 percent
- Distinct lenders6
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Troy, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Troy
SBA loans in Troy (504)
- Approvals9
- Gross approval$6,819,000
- Average approval$757,667
- Median approval$386,000
- Largest approval$2,556,000
- Jobs supported224
- Loans with a final outcome7
- Charged off1
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Troy, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Troy
Flood risk in Troy
- NFIP communityCity of Troy
- NFIP community number010285
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/02/11(M)
The City of Troy participates in the National Flood Insurance Program as community 010285 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Pike County, not Troy
Pike County context, not Troy figures
- Establishments in Pike County650
- Covered employment, Pike County15,411
- Average annual pay, Pike County$51,656
- Housing units permitted, Pike County43
Every figure in this section is published for Pike County as a whole and is not a measurement of Troy.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Troy questions, answered from the record.
How many people live in Troy, Alabama?
17,716, in 6,397 households. Troy city covers 28.34 square miles of land, which is 625 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Troy in?
Pike County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Troy?
$50,717. The median owner-occupied home is valued at $231,400. Median gross rent is $922 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Troy businesses?
8 7(a) approvals totaling $11.9 m since FY2020, across 6 lenders, median approval $328,950, plus 9 504 approvals worth $6.8 m since FY2010. These count approvals to borrowers whose address is in Troy, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Troy borrowers get paid back?
No rate is published for Troy. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Troy in the National Flood Insurance Program?
Yes. Troy appears in the FEMA Community Status Book as Troy, city of, community 010285, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Troy figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Pike County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Troy.
Is zoning published for Troy?
No. Nothing on this page presents parcel level zoning.