Housing data for Troy Township, IL
Troy Township, IL has an estimated 49,728 residents and 18,940 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Will County.
12.9% of households rent.
The median gross rent is $1,348 a month.
Its population grew measurably since 2015–2019 (+4.8%).
Figures last updated on .
- Residents
- 49,728 (±40)
- Housing units
- 18,940 (±575)
- Households that rent
- 12.9%
- Median gross rent
- $1,348
- Residents since 2015–2019
- +4.8%
What stands out in Troy Township
Rental vacancy rate: 11.6% (±6.0 points) in Troy Township, higher than in Will County (3.7%).
Working from home: 9.3% (±1.5 points) in Troy Township, lower than in Will County (14.7%).
Households that rent: 12.9% (±2.2 points) in Troy Township, lower than in Will County (17.2%).
Renters paying 30% or more of income: 37.9% (±8.5 points) in Troy Township, lower than in Will County (51.5%).
- Vacancy rate in Troy Township
- Commute and cars in Troy Township
- Renters and owners in Troy Township
- Rent burden in Troy Township
Housing in Troy Township at a glance
- Median rent: $1,348 median gross rent a month
- Rent by bedrooms: $1,358 median gross rent, 2 bedrooms
- Rent burden: 37.9% of renters pay 30% or more of income
- Renters and owners: 12.9% of households rent
- Income and affordability: $109,309 median household income
- Home values: $299,700 median home value
- Homeowner costs: $2,167 median monthly cost with a mortgage
- Property taxes: $6,775 median real estate taxes a year
- Types of homes: 10.2% of homes are in buildings of 5 or more units
- Bedrooms: 75.5% of homes have 3 or more bedrooms
- Age of homes: 28.6% of homes were built before 1980
- Vacancy rate: 11.6% rental vacancy rate
- Heating fuel: 92.0% heat with utility gas
- Commute and cars: 29.6 minutes average trip to work
- Growth: +4.8% residents since 2015–2019
- How long people stay: 18.8% moved in since 2020
- Crowding and facilities: 1.3% of homes have more than 1 person per room
- Fair Market Rent: $2,760 Small Area FMR, 2 bedrooms (ZIP 60404)
Troy Township against Will County, its state and the nation
| Troy Township | Will County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 49,728 (±40) | 701,462 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 18,940 (±575) | 254,278 (±158) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 12.9% (±2.2 points) | 17.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $1,348 (±$77) | $1,462 (±$33) | $1,274 (±$5) | $1,413 |
| Median household income | $109,309 (±$5,814) | $109,984 (±$1,819) | $83,390 (±$362) | $80,734 |
| Median home value | $299,700 (±$9,105) | $319,600 (±$3,152) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $6,775 (±$175) | $7,173 (±$64) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 28.6% (±2.8 points) | 37.1% (±0.8 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 29.6 minutes (±1.9) | 31.4 minutes (±0.5) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 94.5% (±1.5 points) | 94.1% (±0.4 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 40.9 years (±1.3) | 39.1 years (±0.2) | 39.0 years (±0.1) | 38.9 years |
Troy Township covers 34.7 square miles of land, about 1,433 residents per square mile (Census Bureau Gazetteer).
How Troy Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 47,460 (±60) | 49,728 (±40) | +4.8% | Measurable increase |
| Housing units | 17,817 (±373) | 18,940 (±575) | +6.3% | Measurable increase |
| Median gross rent | $1,412 (±$161) | $1,348 (±$77) | −4.5% | Down after inflation |
| Median home value | $206,800 (±$5,223) | $299,700 (±$9,105) | +44.9% | Up after inflation |
| Median household income | $88,111 (±$4,514) | $109,309 (±$5,814) | +24.1% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,781 (±$41) | $2,167 (±$54) | +21.7% | No measurable change after inflation |
| Median real estate taxes | $5,575 (±$117) | $6,775 (±$175) | +21.5% | No measurable change after inflation |
| Households that rent | 16.2% (±1.9 points) | 12.9% (±2.2 points) | −3.3 percentage points | Measurable decrease |
| Rental vacancy rate | 6.6% (±4.3 points) | 11.6% (±6.0 points) | +5.0 percentage points | Not a measurable change |
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.
ZIP codes in Troy Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60404 | 100% | 20,385 | $1,779 | $335,800 | $122,171 |
| 60431 | 58% | 27,138 | $1,410 | $294,300 | $122,870 |
| 60436 | 31% | 19,423 | $1,306 | $180,800 | $62,961 |
| 60435 | 21% | 48,167 | $1,168 | $235,500 | $76,369 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Troy Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Shorewood | 1.1 mi | $1,479 | $337,800 | 3.2% |
| Joliet | 2.6 mi | $1,276 | $265,800 | 26.3% |
| Rockdale | 3.7 mi | $1,256 | $188,300 | 53.8% |
| Crystal Lawns | 4.5 mi | — | $243,200 | 0.0% |
| Sunnyland | 5.1 mi | $1,926 | $167,800 | 14.2% |
| Plainfield Township | 5.9 mi | $2,105 | $321,600 | 10.8% |
| Joliet Township | 5.9 mi | $1,269 | $189,400 | 42.3% |
| Channahon Township | 6.0 mi | $769 | $327,100 | 6.6% |
Places in Illinois most like Troy Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Cary | $1,428 | $309,800 | $113,026 | 15.2% |
| Oswego Township | $1,738 | $316,700 | $114,047 | 14.9% |
| Orland Township | $1,481 | $349,800 | $104,383 | 11.7% |
| Mokena | $1,254 | $401,400 | $123,889 | 9.4% |
| Algonquin Township | $1,520 | $304,400 | $110,071 | 17.9% |
| Aux Sable Township | $1,504 | $321,100 | $109,269 | 14.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Troy Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Troy Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
A program can use its own limits; tax-credit and local programs often do.
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 Township
What is the average rent in Troy Township, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Troy Township is $1,348 (±$77) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Troy Township?
The median gross rent for a one-bedroom home in Troy Township, IL is $1,080 (±$256) a month (2020–2024 American Community Survey).
Are renters in Troy Township rent-burdened?
37.9% of renting households in Troy Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Troy Township?
Troy Township has an estimated 2,339 (±420) renting households, 12.9% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Troy Township?
The median household income in Troy Township is $109,309 (±$5,814) a year (2020–2024 American Community Survey).
What is the average home value in Troy Township, IL?
The Census Bureau publishes the median: $299,700 (±$9,105) for owner-occupied homes in Troy Township (2020–2024 American Community Survey).
Is Troy Township growing?
In Troy Township, the number of residents went from 47,460 in 2015–2019 to 49,728 in 2020–2024 (+4.8%), a measurable increase.
What ZIP codes are in Troy Township?
The ZIP codes that cover Troy Township are 60404, 60431, 60436, 60435.
What is the median rent in ZIP code 60404?
The median gross rent in ZIP Code Tabulation Area 60404 is $1,779 (±$241) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Troy township, Will County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Troy township, Will County, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Troy township, Will County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Troy township, Will County, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Troy township, Will County, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Troy township, Will County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Troy township, Will County, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Troy township, Will County, Illinois (county subdivision:76212, in state:17 county:197).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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.
Figures last updated on .