Troy, Idaho is an attractive small town located in the Northwest region of the United States. It is known for its beautiful scenery, outdoor activities, and friendly community. The cost of living in Troy is much lower than the national average, with a two bedroom rent at only $880 compared to the US average of $1,430. Additionally, grocery costs are slightly lower than the national average with an index score of 99 compared to 100.
Residents of Troy enjoy many local activities unique to this area such as hiking and biking at Slate Creek State Park or exploring the rolling hills along Trail Creek Road. For those interested in history, there are several museums such as the Nez Perce National Historical Park and Lewis & Clark Discovery Center that provide insight into this area’s rich heritage. Additionally, businesses like Troy Mercantile Co., Troy Lumber Company, JB’s Family Restaurant & Drive-In offer goods and services that embody the spirit of Troy.
Troy has an unemployment rate of 3.7%. The US average is 6.0%.
Troy has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Troy
- The Sales Tax Rate for Troy is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Troy is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Troy
- The average income of a Troy resident is $23,462 a year. The US average is $28,555 a year.
- The Median household income of a Troy resident is $76,181 a year. The US average is $69,021 a year.