Troy, Missouri (63379) is a small town located east of St. Charles County and just north of Lincoln County. With a population of about 10,000 people, Troy is an affordable place to live for families and young professionals alike. The 2 bedroom rent in Troy is around $960, cheaper than the US average of $1,430. Meanwhile, the Grocery Cost Index in Troy is 98 versus 100 in the US. This means groceries are very affordable in this small town.
The local economy in Troy is mainly dependent on agriculture and light manufacturing industries such as Global Industries Inc., S&S Machine & Tool Co., and Trutegra Inc., which employ many residents of the area. The average salary for Troy residents ranges from $40,000-50,000 annually but can vary depending on education level and industry experience.
Troy (zip 63379) has an unemployment rate of 4.3%. The US average is 6.0%.
Troy (zip 63379) 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Troy (zip 63379)
- The Sales Tax Rate for Troy (zip 63379) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Troy (zip 63379) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Troy (zip 63379)
- The average income of a Troy (zip 63379) resident is $32,315 a year. The US average is $37,638 a year.
- The Median household income of a Troy (zip 63379) resident is $79,086 a year. The US average is $69,021 a year.