Housing data for Troy, ME

Troy, ME has an estimated 984 residents and 524 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a town in Waldo County.

13.6% of households rent.

The median gross rent is $1,255 a month.

Figures last updated on .

Residents
984 (±197)
Housing units
524 (±93)
Households that rent
13.6%
Median gross rent
$1,255
Residents since 2015–2019
+2.5%

What stands out in Troy

Average commute: 49.7 minutes (±18.2) in Troy, higher than in Waldo County (26.6 minutes).

Working from home: 25.3% (±9.3 points) in Troy, higher than in Waldo County (15.6%).

Median household income: $44,583 (±$14,200) in Troy, lower than in Waldo County ($72,782).

Median real estate taxes: $1,752 (±$168) in Troy, lower than in Waldo County ($2,684).

Housing in Troy at a glance

  • Median rent: $1,255 median gross rent a month (Small sample: wide margin of error)
  • Rent burden: 53.2% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 13.6% of households rent (Small sample: wide margin of error)
  • Income and affordability: $44,583 median household income
  • Home values: $213,000 median home value
  • Homeowner costs: $1,607 median monthly cost with a mortgage
  • Property taxes: $1,752 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 57.1% of homes have 3 or more bedrooms
  • Age of homes: 31.9% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 47.7% heat with fuel oil or kerosene
  • Commute and cars: 49.7 minutes average trip to work
  • Growth: +2.5% residents since 2015–2019 (Small sample: wide margin of error)
  • How long people stay: 19.4% moved in since 2020
  • Crowding and facilities: 0.9% of homes have more than 1 person per room (Small sample: wide margin of error)

Troy against Waldo County, its state and the nation

Estimate (90% margin of error)
TroyWaldo CountyMaineUnited States
Residents984 (±197)40,192 (exact)1,387,817 (exact)334,922,499
Housing units524 (±93)22,252 (±70)751,876 (±671)143,775,355
Households that rent13.6% (±6.8 points)18.1% (±1.8 points)25.7% (±0.4 points)34.8%
Median gross rent$1,255 (±$211)$1,021 (±$78)$1,139 (±$13)$1,413
Median household income$44,583 (±$14,200)$72,782 (±$3,352)$74,733 (±$795)$80,734
Median home value$213,000 (±$30,581)$257,700 (±$10,501)$296,600 (±$2,876)$332,700
Median real estate taxes (a year)$1,752 (±$168)$2,684 (±$86)$3,036 (±$26)$3,119
Built before 198031.9% (±10.6 points)46.9% (±3.0 points)54.5% (±0.6 points)49.7%
Average commute49.7 minutes (±18.2)26.6 minutes (±1.4)24.6 minutes (±0.3)26.4 minutes
Households with broadband79.0% (±11.5 points)89.5% (±1.5 points)90.3% (±0.3 points)91.0%
Median age of residents49.3 years (±13.6)47.4 years (±0.3)44.8 years (±0.1)38.9 years

Troy covers 34.9 square miles of land, about 28 residents per square mile (Census Bureau Gazetteer).

How Troy has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents960 (±127)984 (±197)+2.5%Not a measurable change
Housing units471 (±60)524 (±93)+11.3%Not a measurable change
Median gross rent$865 (±$260)$1,255 (±$211)+45.1%No measurable change after inflation
Median home value$138,400 (±$14,071)$213,000 (±$30,581)+53.9%Up after inflation
Median household income$47,031 (±$7,754)$44,583 (±$14,200)−5.2%No measurable change after inflation
Median owner cost with a mortgage$1,018 (±$155)$1,607 (±$176)+57.9%Up after inflation
Median real estate taxes$1,440 (±$132)$1,752 (±$168)+21.7%No measurable change after inflation
Households that rent12.4% (±6.5 points)13.6% (±6.8 points)+1.2 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±36.7 points)0.0% (±35.2 points)0.0 percentage pointsNot 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.

Crime reported to police in Waldo County

Troy has no police department of its own in the FBI’s figures, so this is the figure for Waldo County as a whole.

In 2025, the police departments that report for Waldo County recorded 16 violent and 257 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

ZIP codes in Troy

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
04987100%984$1,255$213,000$44,583

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

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Dixmont5.6 mi$1,348$190,70010.3%
Thorndike5.6 mi$836$205,60012.8%
Burnham6.6 mi$1,308$178,10012.2%
Jackson6.7 mi$629$231,50021.4%
Detroit7.3 mi$1,098$137,50017.7%
Plymouth7.7 mi—$207,1005.9%
Pittsfield (community)8.6 mi$909$162,10027.2%
Etna8.7 mi—$183,0005.1%

Places in Maine most like Troy

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Brownfield$1,617$287,500$60,88912.3%
Gouldsboro$1,298$276,800$60,87317.3%
Windsor$1,265$228,800$63,17810.9%
Mariaville$1,169$215,400$66,02718.2%
Waltham$850$181,300$71,07114.8%
Solon$915$183,600$69,20511.4%

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 Maine.

HUD Fair Market Rent for Troy, fiscal year 2027

Waldo County, ME, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,132$1,148$1,367$1,766$1,981

HUD income limits for Troy, fiscal year 2026

Waldo County, ME, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$19,500$32,450$51,950
2 people$22,250$37,100$59,350
3 people$27,320$41,750$66,750
4 people$33,000$46,350$74,150
5 people$38,680$50,100$80,100
6 people$44,360$53,800$86,050
7 people$50,040$57,500$91,950
8 people$55,720$61,200$97,900

These are the limits HUD sets for its housing programs in the Waldo County, ME, where HUD’s median family income for fiscal year 2026 is $92,700.

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

What is the median household income in Troy?

The median household income in Troy is $44,583 (±$14,200) a year (2020–2024 American Community Survey).

What is the average home value in Troy, ME?

The Census Bureau publishes the median: $213,000 (±$30,581) for owner-occupied homes in Troy (2020–2024 American Community Survey).

What is the average mortgage payment in Troy?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Troy, ME is $1,607 (±$176) a month, including taxes, insurance and utilities.

How much are property taxes in Troy?

The median real estate tax paid by homeowners in Troy, ME is $1,752 (±$168) a year (2020–2024 American Community Survey).

How many homes are in Troy?

Troy, ME has an estimated 524 (±93) housing units, occupied and vacant (2020–2024 American Community Survey).

What is the most common home size in Troy?

The most common size is 3 bedrooms, 38.0% of homes in Troy, ME.

Is Troy growing?

In Troy, the number of residents went from 960 in 2015–2019 to 984 in 2020–2024 (+2.5%), not a measurable change.

What ZIP codes are in Troy?

The ZIP code that covers Troy is 04987.

What is the median rent in ZIP code 04987?

The median gross rent in ZIP Code Tabulation Area 04987 is $1,255 (±$211) a month (2020–2024 American Community Survey).

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) for Troy town, Waldo County, Maine (county subdivision:77625, in state:23 county:027).

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.

Request a Census API 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 .

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