Groundwork

Funeral services · Small-town market · Alabama

Funeral homes in the Troy, AL area

How the Troy, AL area compares with other small-town markets and the U.S. for funeral homes: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 22 out of 100: Low

Ranked #339 of 365 scored small-town markets
#11 of 11 scored small-town markets based in Alabama

Listings
8
1 chain location (13%)
Official establishments
4
Businesses with payroll, 2023
Household spending a year
$1.6M
On funerals · $130 a household
Spending per listing
$203K
70% below the U.S.
Listings per 10k households
6.4
3.1 times the U.S.
Population, 2025
33,688
+2.4% since 2020

See the funeral homes around any address in the Troy area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Troy area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For funeral homes, the Troy area has a Groundwork market score of 22 (low): #339 of 365 scored small-town markets and #11 of 11 scored small-town markets based in Alabama. That puts it in the bottom quarter of small-town markets.

At $130 per household (9% below the U.S. average), households in the Troy area spend about $1.6M a year on funerals. That works out to $203K per home, 70% below the U.S. figure of $679K.

There are 8 funeral homes on map listings in the Troy area as of September 2026. One of them (13%) is a chain location, against 10% across the U.S. That comes to 6.4 for every 10,000 households, 3.1 times the U.S. rate of 2.1.

Official counts show 4 businesses with payroll classed as funeral homes and funeral services in the Troy area in 2023. That is one for every 3,121 households, against one for every 8,510 across the U.S. Population estimates show the Troy area grew 2.4% from 2020 to 2025, slower than the U.S. (+3.1%).

How the Troy area compares

The same measures for Alabama and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Troy, AL area compared with Alabama and the U.S.
MeasureTroy areaAlabamaU.S.
Listings per 10k households6.42.82.1
Spending per listing$203K$496K$679K
Households per official establishment3,1217,0088,510
Official establishment growth, 2019–2023n/a+2.9%−1.7%
Population growth, 2020–2025+2.4%+3.2%+3.1%
Spending per household on funerals$130$139$143
Median household income$48,677$63,999$80,734
Groundwork market score2237

Official counts and lending

Businesses

Official establishments, 2019 to 2023
4
Employees, 2023
16
Annual payroll, 2023
$666K
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
81 chain location
Listings at the U.S. rate for this spending
2The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as funeral homes and funeral services in the Troy area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Troy area

Population, 2025 estimate
33,688+2.4% since 2020
Households
12,484
Median age
35.5
Homes lived in by their owners
61%
Vehicles per household
1.8
Land area
672 sq. mi.
People per square mile
49
Median household income
$48,677+30.0% vs. 2015–2019, before inflation
Average household income
$71,387
Median home value
$157,600
Jobs located here
15,417
Daytime population
34,472Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Troy area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Troy area. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across Alabama

Every Alabama market ranked →

The highest-scoring small-town markets in Alabama for funeral homes, numbered among those based in Alabama (a market based in another state is listed without a number), with the Troy area marked.

Top small-town markets in Alabama

Small-town markets in Alabama ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Cullman, AL7572.0$740K+6.7%#47 of 365
2Albertville, AL74113.0$474K+6.0%#49 of 365
3Talladega-Sylacauga, AL59123.2$440K0.0%#122 of 365
4Fort Payne, AL57124.6$323K+3.4%#138 of 365
5Scottsboro, AL5694.1$353K+3.3%#143 of 365
6Ozark, AL42105.1$265K+1.3%#230 of 365
7Enterprise, AL42125.7$236K+6.3%#231 of 365
8Alexander City, AL3895.3$302K−0.8%#259 of 365
LaGrange, GA-AL36245.9$247K+3.0%#271 of 365
9Selma, AL3153.1$426K−7.9%#307 of 365
11Troy, AL2286.4$203K+2.4%#339 of 365

Other business types in the Troy area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Troy, AL area?

As of September 2026, map listings count 8 funeral homes in the Troy area. One of them (13%) is a chain location. The listings count funeral homes, mortuaries and cremation services. Official counts show 4 businesses with payroll classed as funeral homes and funeral services in 2023.

How much do households in the Troy, AL area spend on funerals?

About $1.6M a year, or $130 per household. That is 9% below the U.S. average (an index of 91, where 100 is the U.S. average). Spread across the 8 funeral homes on map listings, it comes to $203K per home. It is estimated from the incomes of the 12,484 households in the Troy area and national spending patterns by income.

How does the Troy, AL area compare with the U.S. for funeral homes?

The Troy area has 6.4 funeral homes per 10,000 households, 3.1 times the U.S. rate of 2.1. Spending per home is $203K, 70% below the U.S. figure of $679K. At the U.S. ratio of funeral homes to household spending, the Troy area would have about 2, against 8 on map listings. There is one business with payroll in the industry for every 3,121 households, against one for every 8,510 across the U.S.

How fast is the Troy, AL area growing?

Population estimates put the Troy area at 33,688 people in 2025, up 2.4% since 2020, slower than the U.S. (+3.1%). It has 12,484 households. The median household income in the Troy area is $48,677 a year, 40% below the U.S. median of $80,734. That rose 30.0% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Troy area scores 22 for funeral homes (low), #339 of 365 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Troy area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Troy area

Screening a site or an acquisition in the Troy area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Troy area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.