Troy Flag

Troy

County:
Spencer County
County Seat:
No
Area (mi²):
1.132
State:
Indiana

Troy is a town located in Spencer County, Indiana. Troy has a 2025 population of 372 . Troy is currently growing at a rate of 1.36% annually and its population has increased by 7.51% since the most recent census, which recorded a population of 346 in 2020.

The average household income in Troy is $72,410 with a poverty rate of 7.98%. The median age in Troy is 32.6 years: 38.3 years for males, and 18.4 years for females. For every 100 females there are 68.4 males.

372
Total Population
328
Density (mi²)
5 1.36%
Growth

Troy Population

Troy Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Troy includes 94.43% White, and smaller percentages for and multiracial populations.

Population by Race

White (94.43%)

Two or more races (5.57%)

Race
Population
Percentage (of total)
White50994.43%
Two or more races305.57%

Troy Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Troy's average per capita income is $43,125. Household income levels show a median of $50,000. The poverty rate stands at 7.98%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median
Mean
Married Families$58,404-
Families$57,819$59,211
Households$50,000$72,410
Non Families-$108,962

$43,125

Average Income

$50,000

Median Household Income

7.98%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)