Zip Code
62294
City
Troy, IL
Population & Migration
What is the forecasted population for Zip code 62294 Troy, IL?
- Population census 2020
- 14,036
- Forecasted population 2025
- 15,150
- 7.9% vs. 2020
- Forecasted population 2030
- 14,832
- 5.7% vs. 2020
Zip code 62294 Troy, IL population is forecasted to grow 7.9% by 2025 (3.2 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 15,150 people for 2025 zip code 62294 Troy, IL will generate a good demand for housing, which is expected to have a deficit of 306 houses for 2030. Vacancy rate is 3.6 points below national US average.
- Total homes available 2020
- 5,402
- Estimated total home demand in 2030
- 5,708
- Total homes balance inventory
- 306
Average Household Income in zip code 62294 Troy, IL
from Internal Revenue Service
- Average household income in 2021
- $107,841
Affordability
- Affordability Index
- 2
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 62294 Troy, IL?
County total number of drinking water violations
183
-25%
244
County total number of drinking water contaminations
9
-63%
24
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