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Troy, IN 47588 has a population of approximately 496 and experiences a population change rate of -7.12%. The population density is 30.4 / sq mi .
The median household income for Troy, IN 47588 is $51,829, with 343 households and an average household size of 2.89.
The median value of a home in Troy, IN 47588 is $147,800 with an appreciation rate of 13.80%. 76.94% of housing in the state is owned while 11.92% is rented.
The cost of living in Troy, IN 47588 is 76.4 %.
The unemployment rate in Troy, IN 47588 is 2.30%, and recent job growth is at -0.43%. Future job growth is projected at 35.21%.
The sales tax rate in Troy, IN 47588 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Troy, IN 47588 are $12,960, and the school ratio is 15.5:1.
The average high temperature in July is 88.8 degrees, with an average low temperature in January of 26.3 degrees. The average rainfall is approximately 47.6 inches per year, with 8 inches of snow per year.