Troy, ND Economy


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Troy, North Dakota is a small town of approximately 500 people located in Walsh County. It is a great place to live for those looking to escape the hustle and bustle of larger cities. The cost of living in Troy is quite affordable with two bedroom rent costing just $690 per month compared to the national average of $1,430. In addition, grocery costs are lower than the national average index score of 100. Troy offers its residents easy access to amenities as well as a number of local stores and businesses including Misek Tire & Auto Repair, Schlenz Farms Inc., and Hudson Foods LLC. With warm summers and cold winters it's a perfect place to enjoy outdoor activities throughout the year while still remaining connected to essential services.

Troy has an unemployment rate of 2.9%. The US average is 6.0%.

Troy has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.

Tax Rates for Troy
- The Sales Tax Rate for Troy is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Troy is 2.0%. 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 $10,728 a year. The US average is $37,638 a year.
- The Median household income of a Troy resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTroy, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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