Troy, TN is an appealing city with a population of 38260 and a comparably lower rent for 2 Bedroom apartments at $770 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Troy is 90 versus 100 in the US. In terms of local businesses, Troy has plenty to offer. Among them are The Barnyard Flea Market, Hynds Art Gallery & Custom Framing, and Chapman's Sportswear Inc., all located downtown. For those looking for more casual activities the popular outdoor spot Judy’s Reelfoot Lake Rentals is minutes away from town.
Troy (zip 38260) has an unemployment rate of 6.1%. The US average is 6.0%.
Troy (zip 38260) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Troy (zip 38260)
- The Sales Tax Rate for Troy (zip 38260) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Troy (zip 38260) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Troy (zip 38260)
- The average income of a Troy (zip 38260) resident is $20,151 a year. The US average is $28,555 a year.
- The Median household income of a Troy (zip 38260) resident is $47,973 a year. The US average is $69,021 a year.