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Troy Grove, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
300
Population
$83,917
Median Income
$200,800
Home Value
30.8
Median Age

Demographics

Troy Grove has a population of 300 with a median age of 30.8. Here is the racial and ethnic breakdown of the population:

White
55.3%
Hispanic
42.7%
Other
2.0%
Demographic Value
Total Population300
Median Age30.8
White55.3%
Hispanic or Latino42.7%
Other / Two or More Races2.0%
Troy Grove, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 55.3%Hispanic/Latino: 42.7%Other: 2.0%300PopulationWhiteWhite55.3%Hispanic/LatinoHispanic/Latino42.7%OtherOther2.0%

Income & Economy

The median household income in Troy Grove is $83,917, which is 4.1% above the national median of $80,610. The per capita income is $25,245. The poverty rate is 47.3%.

$83,917
Median Household Income
$25,245
Per Capita Income
47.3%
Poverty Rate

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Education

In Troy Grove, 78.9% of residents age 25+ have a high school diploma or higher, and 30.1% hold a bachelor's degree or higher (1.8% with a graduate or professional degree).

HS Diploma+
78.9%
Bachelor's+
30.1%
Graduate+
1.8%
Education Level % of Adults (25+)
High School Diploma or Higher78.9%
Bachelor's Degree or Higher30.1%
Graduate or Professional Degree1.8%

Housing

The median home value in Troy Grove is $200,800, below the national median of $303,400. The median monthly rent is $863. The homeownership rate is 88.3%.

$200,800
Median Home Value
$863/mo
Median Rent
88.3%
Homeownership Rate
Housing Metric Value
Median Home Value$200,800
Median Monthly Rent$863
Homeownership Rate88.3%
Vacancy Rate11.3%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Troy Grove, Illinois?
The population of Troy Grove, Illinois is 300 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Troy Grove, Illinois?
The median household income in Troy Grove, Illinois is $83,917. This is 4.1% above the national median of $80,610.
What is the median home value in Troy Grove, Illinois?
The median home value in Troy Grove, Illinois is $200,800. The median monthly rent is $863.
What percentage of people in Troy Grove have a college degree?
In Troy Grove, Illinois, 30.1% of adults age 25 and older hold a bachelor's degree or higher, and 78.9% have a high school diploma or higher.
Is Troy Grove, Illinois an affordable place to live?
The home price-to-income ratio in Troy Grove, Illinois is 2.4x (median home value $200,800 vs. median income $83,917), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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