Housing data for Troy Hills, NJ
Troy Hills, NJ has an estimated 5,179 residents and 1,682 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Morris County.
7.2% of households rent.
The median gross rent is $3,108 a month.
Figures last updated on .
- Residents
- 5,179 (±490)
- Housing units
- 1,682 (±144)
- Households that rent
- 7.2%
- Median gross rent
- $3,108
What stands out in Troy Hills
Median gross rent: $3,108 (±$944) in Troy Hills, higher than in Morris County ($1,904).
Homes in buildings of 5 or more units: 0.0% (±4.5 points) in Troy Hills, lower than in Morris County (19.2%).
Households that rent: 7.2% (±3.9 points) in Troy Hills, lower than in Morris County (25.7%).
Homes heated by fuel oil: 1.7% (±1.7 points) in Troy Hills, lower than in Morris County (13.9%).
Housing in Troy Hills at a glance
- Median rent: $3,108 median gross rent a month
- Rent burden: 33.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 7.2% of households rent (Small sample: wide margin of error)
- Income and affordability: $183,707 median household income
- Home values: $650,500 median home value
- Homeowner costs: $3,432 median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 91.7% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 51.3% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 95.3% heat with utility gas
- Commute and cars: 29.0 minutes average trip to work
- How long people stay: 7.5% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 1.6% of homes have more than 1 person per room
Troy Hills against Morris County, its state and the nation
| Troy Hills | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 5,179 (±490) | 514,528 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 1,682 (±144) | 199,506 (±100) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 7.2% (±3.9 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | $3,108 (±$944) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
| Median household income | $183,707 (±$12,378) | $137,326 (±$2,991) | $103,556 (±$513) | $80,734 |
| Median home value | $650,500 (±$22,941) | $582,500 (±$5,640) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $10,000 or more | $9,590 (±$25) | $3,119 |
| Built before 1980 | 51.3% (±9.6 points) | 62.4% (±1.4 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 29.0 minutes (±3.9) | 29.8 minutes (±0.4) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 98.5% (±1.6 points) | 95.2% (±0.4 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 46.5 years (±2.0) | 42.6 years (±0.2) | 40.1 years (±0.1) | 38.9 years |
Troy Hills covers 2.9 square miles of land, about 1,800 residents per square mile (Census Bureau Gazetteer).
Crime reported to police in Morris County
Troy Hills has no police department of its own in the FBI’s figures, so this is the figure for Morris County as a whole.
In 2024, the police departments that report for Morris County recorded 48 violent and 643 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 Hills
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 07054 | 21% | 29,480 | $1,731 | $587,000 | $104,214 |
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 Hills
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Parsippany | 1.2 mi | $1,742 | $555,400 | 51.6% |
| Whippany | 2.2 mi | $2,556 | $615,400 | 12.7% |
| Lake Hiawatha | 2.3 mi | $1,550 | $428,600 | 41.5% |
| Hanover Township | 2.7 mi | $2,813 | $629,600 | 21.0% |
| East Hanover Township | 2.8 mi | $2,711 | $702,800 | 7.8% |
| Pine Brook | 3.0 mi | $2,366 | $767,200 | 35.3% |
| Rainbow Lakes | 3.5 mi | $2,022 | $481,800 | 32.6% |
| Mountain Lakes Borough | 3.7 mi | $3,500 or more | $917,000 | 3.9% |
Places in New Jersey most like Troy Hills
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Chester Township | $2,787 | $790,900 | $241,856 | 3.6% |
| East Hanover Township | $2,711 | $702,800 | $149,583 | 7.8% |
| Colts Neck Township | $2,777 | $917,200 | $199,573 | 5.7% |
| Roseland Borough | $3,297 | $665,700 | $164,458 | 17.7% |
| North Caldwell Borough | $3,329 | $904,500 | $208,245 | 2.1% |
| Bridgewater Center | $2,662 | $703,700 | $205,595 | 11.0% |
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 New Jersey.
HUD Fair Market Rent for Troy Hills, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,637 | $1,850 | $2,233 | $2,785 | $3,188 |
HUD income limits for Troy Hills, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $29,050 | $48,450 | $74,800 |
| 2 people | $33,200 | $55,400 | $85,450 |
| 3 people | $37,350 | $62,300 | $96,150 |
| 4 people | $41,500 | $69,200 | $106,800 |
| 5 people | $44,850 | $74,750 | $115,350 |
| 6 people | $48,150 | $80,300 | $123,900 |
| 7 people | $51,500 | $85,850 | $132,450 |
| 8 people | $55,720 | $91,350 | $141,000 |
These are the limits HUD sets for its housing programs in the Newark, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $138,400.
A program can use its own limits; tax-credit and local programs often do.
Troy Hills is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Parsippany-Troy Hills Township, whose figures include it.
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 Hills
What is the average rent in Troy Hills, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Troy Hills is $3,108 (±$944) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
What is the median household income in Troy Hills?
The median household income in Troy Hills is $183,707 (±$12,378) a year (2020–2024 American Community Survey).
What is the average home value in Troy Hills, NJ?
The Census Bureau publishes the median: $650,500 (±$22,941) for owner-occupied homes in Troy Hills (2020–2024 American Community Survey).
What is the average mortgage payment in Troy Hills?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Troy Hills, NJ is $3,432 (±$282) a month, including taxes, insurance and utilities.
How much are property taxes in Troy Hills?
The median real estate tax paid by homeowners in Troy Hills, NJ is $10,000 or more a year (2020–2024 American Community Survey).
How many homes are in Troy Hills?
Troy Hills, NJ has an estimated 1,682 (±144) housing units, occupied and vacant (2020–2024 American Community Survey).
What ZIP codes are in Troy Hills?
The ZIP code that covers Troy Hills is 07054.
What is the median rent in ZIP code 07054?
The median gross rent in ZIP Code Tabulation Area 07054 is $1,731 (±$39) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Troy Hills CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Troy Hills CDP, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Newark, NJ HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Newark, NJ 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 Hills CDP, New Jersey (place:74150, in state:34).
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 .