Troy, SC Economy


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Troy, SC is a small city located in South Carolina. It is known for being a peaceful and fairly affordable area to live in. The average 2 Bedroom rent in Troy is $920, which is significantly lower than the national average of $1,430. Additionally, Troy has a Grocery Cost Index of 94 compared to the US at 100, making it a great place to save money for groceries as well.
Troy is home to companies such as D&F Manufacturing Company and Apple Valley Food Products. There are also plenty of attractions in and around the city such as Fort Lee Historic Park and Riverside Park. Additionally, there are numerous restaurants and shops in Troy that offer opportunities for leisure activities.

Troy has an unemployment rate of 5.5%. The US average is 6.0%.

Troy has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.1%, 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 7.0%. 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 $19,519 a year. The US average is $28,555 a year.
- The Median household income of a Troy resident is $41,442 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTroy, South CarolinaUnited States
  5.56
  -2.6%-6.2%
  26.1%33.5%
  8.0%6.2%
  7.0%4.6%
  $18,027$37,638
  $41,442$69,021
  $41,683$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.7%6.8%
  0.0%10.0%
  0.0%2.5%
  20.3%11.0%
  8.5%4.8%
  3.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.7%4.2%
  1.7%9.3%
  16.9%14.0%
  0.0%2.1%
  3.4%7.0%
  37.3%4.8%
  5.1%4.7%
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