Last updated: 2024 BLS data · Page refreshed:
Troy has a population of 2,926 with a median age of 36.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,926 |
| Median Age | 36.9 |
| White | 58.1% |
| Black or African American | 26.0% |
| Hispanic or Latino | 12.9% |
| Other / Two or More Races | 3.0% |
The median household income in Troy is $51,731, which is 35.8% below the national median of $80,610. The per capita income is $27,671. The poverty rate is 20.2%.
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In Troy, 80.5% of residents age 25+ have a high school diploma or higher, and 20.8% hold a bachelor's degree or higher (7.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 80.5% |
| Bachelor's Degree or Higher | 20.8% |
| Graduate or Professional Degree | 7.9% |
The median home value in Troy is $160,100, below the national median of $303,400. The median monthly rent is $675. The homeownership rate is 48.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $160,100 |
| Median Monthly Rent | $675 |
| Homeownership Rate | 48.4% |
| Vacancy Rate | 17.5% |
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