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Troup

Learn about the people, housing, costs and businesses in Troup, Texas

Median Home$159,468
Median Rent$967/month
Population2,458
Leading IndustriesManufacturing · Transportation · Retail1% manufacturing
Home Value Growth+0.8% over 2 years
Family-Friendly34% of residentstop 1% nationally
Homeowners80% of occupied units
Troup
TX

Frequently Asked Questions

What are today's mortgage rates in Troup?

As of today, the 30-year fixed mortgage rate for Troup is approximately 7.037% (7.078% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Troup?

The median home value in Troup is $159k. The median monthly rent is $967. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Troup?

Home values in Troup have increased 0.8% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Troup?

Based on a typical all-in ownership cost of $874/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Troup is $68k/year.

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What industries drive the economy in Troup?

The largest employment sectors in Troup are public administration (26%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.