Troy, Tennessee.
Typical home $176,554 (+6.7% in a year). Union City, TN metro.
to buy the typical home at today's mortgage rate — +$522 (+129%) since Jan 2020.
- 1 year
- Up $11,098 +7%
- $165,456$176,554 since Sep 2025
- 5 years
- Up $44,443 +34%
- $132,111$176,554 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$927
- Tennessee$1,737
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Troy, TN rose 6.7% over the past year — faster than the nation's +1.2%.
Living in Troy, Obion County, Tennessee
Troy is a town of 1,423 people in Obion County. Half its households earn more than $51,711 a year and half less, against $54,613 across Obion County; 14% of its people live below the poverty line. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in Obion County was 3.6% in August 2026, and the county had 2.3% fewer jobs in 2025 than the year before. The most people in Obion 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 It can be wrong or out of date.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 small town in Obion County, Tennessee, where most homes are lived in by their owners. Household incomes run a little below the county's, and typical home values sit at a modest level. Winters are cold and summers warm, with a little snow in most years and plenty of rain across the seasons.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, in shops, and in restaurants, hotels and entertainment. Across Obion County, some of the largest workplaces are Tyson Farms, Obion County Schools and Walmart. Commutes are fairly short, and very few people work from home.
Things to do. Discovery Park of America, a museum, is a short drive away. Reelfoot Lake, one of the best known lakes in the region, and Reelfoot Lake State Park, a protected area along its shore, are both a longer drive away. They are the main draws for anyone who likes time on the water or out among the cypress trees.
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- 792households
- 20%of adults have a degree
- 14%below the poverty line
- 19 mintypical commute
- 2%work from home
What people in Obion County work in
Employed residents by industry, from the Census survey. Obion County had 11,923 jobs in 2025, 2.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 44° and lows near 27°; warmest in July, with highs near 88° and lows near 69°. About 6 inches of snow and 54 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Union City weather station, 8 miles away (NOAA).
Largest workplaces in Obion County
- Tyson FarmsPoultry processing1,722
- Obion County SchoolsSchool district532FTE
- WalmartWarehouse clubs and supercenters343
- Williams Sausage CompanyMeat processed from carcasses303
- Baptist MEM Hospital Union CityGeneral hospital279FTE
- Kohler CoGlass products made from purchased glass278
- Union City SchoolsSchool district226FTE
- Turner HealthcareNursing homes213
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 26 workplaces with 20 or more staff, 4,351 people in all across the county; Troy has two of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- Ice stormsVery high
- Cold wavesVery high
- EarthquakesVery high
- LightningRelatively high
- Strong windRelatively high
- Winter weatherRelatively high
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 high. 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 Obion County and the Union City, TN metro.
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$176,554
- Tennessee$330,844
- 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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Troy14
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.