What percentage of people rent in Troy, AL?

Name: Renters and owners in Troy, AL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

52.7% (±4.6 points) of the occupied homes in Troy, AL are rented (2020–2024 American Community Survey).

That is 3,374 renting households against 3,023 that own their home.

In Troy, the share of households that rent went from 50.8% in 2015–2019 to 52.7% in 2020–2024 (+1.9 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 52.7% (±4.6 points)
Renting households: 3,374 (±386)
Median renter income: $31,375 (±$6,487)

Who rents and who owns in Troy

Tenure, estimate (90% margin of error)
	Troy	Pike County	Alabama	United States
Renter-occupied share	52.7% (±4.6 points)	38.7% (±2.8 points)	29.8% (±0.3 points)	34.8%
Renting households	3,374 (±386)	4,827 (±438)	595,092 (±6,593)	45,017,354
Owning households	3,023 (±296)	7,657 (±371)	1,402,155 (±8,895)	84,210,142
Average renter household size	2.2 (±0.2)	2.2 (±0.2)	2.3 (±0.0)	2.3
Average owner household size	2.5 (±0.2)	2.6 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$31,375 (±$6,487)	$29,826 (±$3,939)	$38,294 (±$594)	$52,966
Median owner household income	$89,319 (±$4,885)	$69,706 (±$4,880)	$79,108 (±$602)	$100,009

In Troy, the renter share is higher than in Pike County (38.7%).

It is also higher than in Alabama (29.8%).

It is higher than the national figure (34.8%).

In Pike County, Troy ranks 1 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 25 of 514.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Troy has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	50.8% (±5.0 points)	52.7% (±4.6 points)	+1.9 percentage points	Not a measurable change
Median gross rent	$687 (±$61)	$922 (±$94)	+34.2%	No measurable change after inflation
Median household income	$31,515 (±$3,806)	$50,717 (±$11,625)	+60.9%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Troy

Nearest places with a published estimate, compared with Troy
Place	Distance	Households that rent	Compared with this place
Troy	—	52.7% (±4.6 points)	—
Banks	7.7 mi	36.9% (±22.5 points)	Not measurably different
Brundidge	11 mi	42.2% (±10.3 points)	Not measurably different
Goshen	11 mi	33.1% (±15.9 points)	Lower
Petrey	14 mi	66.7% (±38.5 points)	Not measurably different
Glenwood	15 mi	33.3% (±25.4 points)	Not measurably different
Luverne	19 mi	46.6% (±9.1 points)	Not measurably different
Rutledge	20 mi	24.4% (±17.8 points)	Lower
Ariton	21 mi	26.5% (±12.0 points)	Lower

Nearby places with a measurably lower figure: Goshen, AL (33.1%), Rutledge, AL (24.4%), Ariton, AL (26.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Pike County, place by place

Rank	Place	Households that rent
1	Troy	52.7% (±4.6 points)
2	Brundidge	42.2% (±10.3 points)
3	Banks	36.9% (±22.5 points)
4	Goshen	33.1% (±15.9 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Troy

How many renters are there in Troy?

Troy has an estimated 3,374 (±386) renting households, 52.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Troy?

In Troy, the share of households that rent went from 50.8% in 2015–2019 to 52.7% in 2020–2024 (+1.9 percentage points), not a measurable change.

How big are renting households in Troy?

A renting household in Troy has 2.2 people on average, against 2.5 in an owned home.

How much do renters earn in Troy?

The median renting household in Troy, AL has an income of $31,375 (±$6,487) a year, against $89,319 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Troy city, Alabama (place:76920, in state:01).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.