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Troy Hills

Learn about the people, housing, costs and businesses in Troy Hills, New Jersey

Median Home$650,500
Median Rent$3,108/month
Population5,168
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education18% healthcare
Home Value Growth⬆⬆⬆+21.9% over 2 years
Retirees31% of residentswell above average
Homeowners93% of occupied units
NotableHigh Incomes$184k/year · top 2% nationally
NotableHighly Educated24% bachelor's · 13% graduate · top 21% nationally
Troy Hills
NJ

Frequently Asked Questions

What are today's mortgage rates in Troy Hills?

As of today, the 30-year fixed mortgage rate for Troy Hills is approximately 6.846% (6.880% 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 Troy Hills?

The median home value in Troy Hills is $651k. The median monthly rent is $3,108. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Troy Hills?

Home values in Troy Hills have increased 21.9% over the past two years. This indicates a strong appreciation trend. 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 Troy Hills?

Based on a typical all-in ownership cost of $2,398/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $103k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Troy Hills is $184k/year.

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What industries drive the economy in Troy Hills?

The largest employment sectors in Troy Hills are public administration (21%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.