Miami County · Ohio · Midwest · 27k residents
Troy, OH: economy, jobs & business costs
The site-selection read on Troy: labor costs, talent, corporate tax, energy, and business activity, with the Ohio median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,106/wk. Ohio's corporate income tax rate is 0%. Commercial electricity averages 10.7¢/kWh.
Compare Troy side by side
Avg. weekly wage
$1,106/wk
Corporate income tax
0%
Bachelor's degree or higher
33.2%
Commercial electricity
10.7¢/kWh
Economic momentum
How fast Troy's economy is moving, ranked against the US cities we track.
73/100
Heating
Ranks Troy's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $217,400 |
| Price per sq. ft. | $145 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $795/mo |
| 2-bedroom rent | $939/mo |
| State & local income tax | 3.91% |
| Sales tax | 7.25% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,106/wk |
| Bachelor's degree or higher | 33.2% |
| Commercial electricity | 10.7¢/kWh |
| Businesses per 1k residents | 23.5/1k |
| Wage: Software developer | $106,910 |
| Wage: Registered nurse | $82,510 |
| Wage: General manager | $98,030 |
| Wage: Customer service | $44,970 |
| Wage: Warehouse worker | $36,750 |
| Wage: Heavy truck driver | $59,490 |
| Wage: Electrician | $61,870 |
| Wage: Retail salesperson | $30,360 |
| Cost of living index | 79 |
| Groceries index | 95 |
| Utilities | $160/mo |
| Transit pass | $60/mo |
| Gas price | $3.15/gal |
| Healthcare index | 95 |
| Childcare (per child) | $950/mo |
| Median household income | $68,830 |
| Unemployment rate | 3.9% |
| Population | 27k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 30/100 |
| Disaster risk | 61/100 |
| Avg. commute | 24 min |
| Sunny days / year | 175 days |
| July high | 84°F |
| January low | 21°F |
| Annual snowfall | — |
| Home price YoY | +3.3% |
| Home price MoM | 0.0% |
| Rent YoY | +2.8% |
| Rent MoM | -0.6% |
| Employment (jobs) YoY | +0.4% |
| Building permits YoY | +200.0% |
| Ocean coast | 495 mi |
| Big lake | 120 mi |
| Mountains | 266 mi |
| Major airport | 10 mi |
| Ski resort | 71 mi |
Popular comparisons
Nearby
- Piqua, OH · 21k
- Vandalia, OH · 15k
- Huber Heights, OH · 43k
- Sidney, OH · 21k
- Trotwood, OH · 23k
Similar size
- Wooster, OH · 27k
- Kent, OH · 27k
- Green, OH · 27k
- Marysville, OH · 28k
- Medina, OH · 26k
Real listings in Troy
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Troy a good place to run a business?
- Ohio's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,106/wk; commercial electricity averages 10.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Troy, OH?
- Troy indexes at 79 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $939/mo and a acs median home value of $217,400.
- How much does a house cost in Troy?
- The acs median home value in Troy is $217,400 (Census ACS estimate; individual listings vary).
- How much is rent in Troy?
- A two-bedroom in Troy rents for about $939/mo.