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Troy, Texas

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
2,844
Population
$86,311
Median Income
$201,500
Home Value
33.8
Median Age

Demographics

Troy has a population of 2,844 with a median age of 33.8. Here is the racial and ethnic breakdown of the population:

White
67.6%
Hispanic
28.6%
Black
2.4%
Other
1.4%
Demographic Value
Total Population2,844
Median Age33.8
White67.6%
Black or African American2.4%
Hispanic or Latino28.6%
Other / Two or More Races1.4%
Troy, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 67.6%Hispanic/Latino: 28.6%Black: 2.4%Other: 1.4%2,844PopulationWhiteWhite67.6%Hispanic/LatinoHispanic/Latino28.6%BlackBlack2.4%OtherOther1.4%

Income & Economy

The median household income in Troy is $86,311, which is 7.1% above the national median of $80,610. The per capita income is $32,001. The poverty rate is 4.0%.

$86,311
Median Household Income
$32,001
Per Capita Income
4.0%
Poverty Rate

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Education

In Troy, 92.5% of residents age 25+ have a high school diploma or higher, and 22.1% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).

HS Diploma+
92.5%
Bachelor's+
22.1%
Graduate+
4.1%
Education Level % of Adults (25+)
High School Diploma or Higher92.5%
Bachelor's Degree or Higher22.1%
Graduate or Professional Degree4.1%

Housing

The median home value in Troy is $201,500, below the national median of $303,400. The median monthly rent is $1,324. The homeownership rate is 65.4%.

$201,500
Median Home Value
$1,324/mo
Median Rent
65.4%
Homeownership Rate
Housing Metric Value
Median Home Value$201,500
Median Monthly Rent$1,324
Homeownership Rate65.4%
Vacancy Rate2.8%

Salaries in Texas

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Frequently Asked Questions

What is the population of Troy, Texas?
The population of Troy, Texas is 2,844 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Troy, Texas?
The median household income in Troy, Texas is $86,311. This is 7.1% above the national median of $80,610.
What is the median home value in Troy, Texas?
The median home value in Troy, Texas is $201,500. The median monthly rent is $1,324.
What percentage of people in Troy have a college degree?
In Troy, Texas, 22.1% of adults age 25 and older hold a bachelor's degree or higher, and 92.5% have a high school diploma or higher.
Is Troy, Texas an affordable place to live?
The home price-to-income ratio in Troy, Texas is 2.3x (median home value $201,500 vs. median income $86,311), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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