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Troy, Montana

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
871
Population
$32,250
Median Income
$257,600
Home Value
34.3
Median Age

Demographics

Troy has a population of 871 with a median age of 34.3. Here is the racial and ethnic breakdown of the population:

White
96.0%
Other
4.0%
Demographic Value
Total Population871
Median Age34.3
White96.0%
Other / Two or More Races4.0%
Troy, Montana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 96.0%Other: 4.0%871PopulationWhiteWhite96.0%OtherOther4.0%

Income & Economy

The median household income in Troy is $32,250, which is 60.0% below the national median of $80,610. The per capita income is $18,258. The poverty rate is 39.8%.

$32,250
Median Household Income
$18,258
Per Capita Income
39.8%
Poverty Rate

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Education

In Troy, 84.7% of residents age 25+ have a high school diploma or higher, and 6.0% hold a bachelor's degree or higher (1.0% with a graduate or professional degree).

HS Diploma+
84.7%
Bachelor's+
6.0%
Graduate+
1.0%
Education Level % of Adults (25+)
High School Diploma or Higher84.7%
Bachelor's Degree or Higher6.0%
Graduate or Professional Degree1.0%

Housing

The median home value in Troy is $257,600, below the national median of $303,400. The median monthly rent is $750. The homeownership rate is 72.7%.

$257,600
Median Home Value
$750/mo
Median Rent
72.7%
Homeownership Rate
Housing Metric Value
Median Home Value$257,600
Median Monthly Rent$750
Homeownership Rate72.7%
Vacancy Rate14.5%

Salaries in Montana

Explore salary data for popular occupations in Montana:

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Other Cities in Montana

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Frequently Asked Questions

What is the population of Troy, Montana?
The population of Troy, Montana is 871 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Troy, Montana?
The median household income in Troy, Montana is $32,250. This is 60.0% below the national median of $80,610.
What is the median home value in Troy, Montana?
The median home value in Troy, Montana is $257,600. The median monthly rent is $750.
What percentage of people in Troy have a college degree?
In Troy, Montana, 6.0% of adults age 25 and older hold a bachelor's degree or higher, and 84.7% have a high school diploma or higher.
Is Troy, Montana an affordable place to live?
The home price-to-income ratio in Troy, Montana is 8.0x (median home value $257,600 vs. median income $32,250), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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