Groundwork

Real estate · Small-town market · Alabama

Property management companies in the Troy, AL area

The property management companies in the Troy, AL area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score

Not scored

The score needs at least 5 listings; this market has 2.

Listings
2
0 chain locations (0%)
Official establishments
3
Businesses with payroll, 2023
Household spending a year
$163M
On rent and homeowner costs · $13,054 a household
Housing spending per listing (U.S. = 100)
147
Too few listings to compare
Listings per 10k households
1.6
Too few listings to compare
Population, 2025
33,688
+2.4% since 2020

See the property management companies around any address in the Troy area

The site report maps the property management companies 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.

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

What this means

Map listings as of September 2026 show 2 property management companies in the Troy area. That is 1.6 per 10,000 households.

At $13,054 per household (22% below the U.S. average), households in the Troy area spend about $163M a year on rent and homeowner costs. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

In 2023, official counts showed 3 businesses with payroll in the Troy area classed as residential and commercial property managers. That is one for every 4,161 households, against one for every 1,638 across the U.S.

Population estimates put the population change in the Troy area from 2020 to 2025 at +2.4%, slower than the U.S. (+3.1%). With 2 property management companies on map listings, the Troy area isn’t given a market score: the score needs at least 5, since one listing more or less would swing it.

How the Troy area compares

The same measures for Alabama and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Troy, AL area compared with Alabama and the U.S.
MeasureTroy areaAlabamaU.S.
Listings per 10k households1.62.13.0
Housing spending per listing (U.S. = 100)147121100
Households per official establishment4,1612,9681,638
Official establishment growth, 2019–2023n/a+19.1%+11.4%
Population growth, 2020–2025+2.4%+3.2%+3.1%
Spending per household on rent and homeowner costs$13,054$14,375$16,661
Median household income$48,677$63,999$80,734
Groundwork market scoreNot scored69

Official counts and lending

Businesses

Official establishments, 2019 to 2023
3
Employees, 2023
12
Annual payroll, 2023
$368K
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
20 chain locations
Listings at the U.S. rate for this spending
3The 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 residential and commercial property managers 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 property management companies 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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Property management across Alabama

Every Alabama market ranked →

The highest-scoring small-town markets in Alabama for property management companies, numbered among those based in Alabama, with the Troy area marked.

Top small-town markets in Alabama

Small-town markets in Alabama ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Albertville, AL6782.2117+6.0%#32 of 180
2Fort Payne, AL5762.3102+3.4%#65 of 180
3Enterprise, AL54125.746+6.3%#79 of 180
Troy, ALNot scored21.6147+2.4%

Other business types in the Troy area

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

Questions

How many property management companies are in the Troy, AL area?

There are 2 property management companies on map listings in the Troy area as of September 2026. The listings count property management companies. Official counts show 3 businesses with payroll classed as residential and commercial property managers in 2023.

How much do households in the Troy, AL area spend on rent and homeowner costs?

About $163M a year, or $13,054 per household. That is 22% below the U.S. average (an index of 78, where 100 is the U.S. average). The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. 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 property management companies?

The Troy area has 2 property management companies on map listings, too few for a steady comparison with the U.S. rate. At the national ratio of property management companies to household spending, the Troy area would have about 3, against 2 on map listings. There is one business with payroll in the industry for every 4,161 households, against one for every 1,638 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 has no market score for property management companies: the score needs at least 5 on map listings, and it has 2.

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 property management companies 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 property management companies · 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.