Troy, Indiana.
Typical home $138,333 (+1.1% in a year).
to buy the typical home at today's mortgage rate — +$375 (+107%) since Jan 2020.
- 1 year
- Up $1,522 +1%
- $136,810$138,333 since Sep 2025
- 5 years
- Up $28,516 +26%
- $109,817$138,333 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Troy$726
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Troy, IN rose 1.1% over the past year — in step with the nation.
Living in Troy, Perry County, Indiana
Troy is a town of 347 people in Perry County. Half its households earn more than $52,639 a year and half less, against $61,151 across Perry County; 9% of its people live below the poverty line. Unemployment in Perry County was 3.3% in August 2026, and the county had 2.1% fewer jobs in 2025 than the year before. The most people in Perry County work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Troy is a very small town in Perry County, Indiana, on the Ohio River side of the state. Its residents are younger than in most places, and household incomes run below the county's. Homes here cost well under what they do in much of the country. Winters are cold, with January the coldest month, while summers turn warm, and the year brings a fair amount of rain and melted snow.
Work. Residents work mainly in manufacturing, in schools, hospitals and social care, in restaurants, hotels and entertainment, and in shops. Across Perry County, the largest workplaces include Walmart, Perry County Hospital and the Tell City-Troy Twp School district. Few adults in town hold a four-year degree, and some people work from home. Unemployment in the county has eased a little since a year ago, though there are somewhat fewer jobs than there were.
Things to do. The Anderson River runs in or beside town, a place for time near the water. A longer drive away are Holiday World & Splashin' Safari, an amusement park, and the Lincoln Boyhood National Memorial, a protected area. Lincoln State Park, also a longer drive away, is another protected area for time outdoors.
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- 12%of adults have a degree
- 9%below the poverty line
- 9%work from home
What people in Perry County work in
Employed residents by industry, from the Census survey. Perry County had 6,307 jobs in 2025, 2.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 26°; warmest in July, with highs near 85° and lows near 67°. About 51 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Tell City weather station, 4 miles away (NOAA).
Largest workplaces in Perry County
- Waupaca Foundry, Inc. Plant 5Iron foundries955
- WalmartWarehouse clubs and supercenters350
- Perry County HospitalCritical access hospital205FTE
- Tell City-Troy Twp School CorpSchool district177FTE
- Perry Central Com Schools CorpSchool district174FTE
- Lincoln Hills DevelopmentIndividual and family social services, multi-purpose130
- Trilogy Health ServicesNursing care facilities skilled nursing facilities118
- BrickyardNursing care facility87
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 12 workplaces with 20 or more staff, 1,911 people in all across the county; Troy has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- TornadoesRelatively high
- Inland floodingRelatively high
- Ice stormsRelatively moderate
- HailRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Troy’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Perry County.
Troy home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Troy$138,333
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Troy address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Troy — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.