Troy borough, PA is a great place for families or individuals to live due to its low cost of living. The average rent for a two bedroom apartment in Troy Borough is only $880 compared to the US average of $1,430. Additionally, the grocery cost index in Troy Borough is 101 compared to the US at 100. This small difference makes Troy Borough an ideal place for people on a budget.
The area offers plenty of local businesses such as H&R Block, Drayer Physical Therapy Institute, and various restaurants like Mama’s Deli and Grill. These businesses add to the diversity of the area and provide a variety of options for those looking to become part of the community. All in all, Troy Borough provides excellent opportunities for those looking to live comfortably without breaking their wallets.
Troy has an unemployment rate of 6.4%. The US average is 6.0%.
Troy has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower 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 4.1%. 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 $20,219 a year. The US average is $28,555 a year.
- The Median household income of a Troy resident is $46,087 a year. The US average is $69,021 a year.