c.1900 Vermont Fixer Upper w/ Original Charm $79,900

224 Mains St, Troy, VT 05859    $79,900

• Contact Realtor: Jennifer Mahoney
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Pros of Living in Troy, VT

1. Affordability and Attractive Housing

• Overall cost of living is about 9% lower than Vermont’s average and on par with the national average.

• Housing is significantly more affordable:

  • Home values range from ~$144K to ~$177K, roughly 22–34% lower than Vermont and U.S. averages.

  • Home affordability metrics look favorable, with strong value relative to income.

2. Strong Employment & Income

• Median household income is around $78K, about 15–39% higher than state and national averages.

• Unemployment is low (~5.6%), better than U.S. average; job market shows modest growth projections (~27% over 10 years).

3. Scenic Outdoor Setting with Cultural Charm

• Surrounded by natural beauty—woodlands, rivers, and close to hiking trails like the Long Trail and Jay Peak ski area. Ideal for outdoor enthusiasts.

• Resident sentiment captures this well:

  “I love feeling like I’m in a perfectly sized little city… I can walk to the riverfront park… yet drive 30‑40 minutes to be in the woods or the Adirondacks.”

4. Community Character & Rural Peace

• Troy offers a peaceful, tight-knit small-town atmosphere:

  “Great town to live in if you want rural Vermont at its best.”

• Vacations and seasonal visitors enrich the area, though the population remains small and serene.

Cons of Living in Troy, VT

1. Limited Amenities & Car Dependence

• Amenities are sparse; walkability and public transit options are very limited—most errands require a car.

2. Healthcare and Educational Challenges

• Health & safety infrastructure is lacking—limited hospitals, clinics, or services in town, and subpar scoring in these categories.

• Schools underperform relative to state averages: graduation rate ~85%; reading/math performance and access rated poorly.

3. Safety and Social Concerns

• While crime is average to slightly elevated, some residents acknowledge challenges related to drug use and personal safety:

  “There’s a rough reputation… most of the crime comes from interpersonal issues and drug use… Troy is on the poorer side.”

4. Limited Demographics & Community Growth

• Small population (~1,722 as of 2020) with low density (~18 people per sq mi) and minimal diversity. Growth is stagnant.

• Only about 14% hold college degrees, lower than national benchmarks.

5. Seasonal Challenges & Utilities Concerns

• Winters are long and snowy (average low ~4°F, ~51″ annual snowfall), which may feel isolating and impact daily living.

• Residents report unexpectedly high utility costs—like water bills much higher than average