Troy is located in Spencer County, Indiana. Troy has a 2025 population of 324 . Troy is currently growing at a rate of 0.62% annually and its population has increased by 3.18% since the most recent census, which recorded a population of 314 in 2020.
The average household income in Troy is $102,221 with a poverty rate of 0%. The median age in Troy is 12.7 years: 9 years for males, and 40.1 years for females. For every 100 females there are 161.8 males.
Data after 2023 is projected based on recent change
The racial composition of Troy includes 94.69% White, and smaller percentages for Native American and multiracial populations.
White (94.69%)
Two or more races (4.24%)
Native American (1.06%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 357 | 94.69% |
| Two or more races | 16 | 4.24% |
| Native American | 4 | 1.06% |
Married
Widowed
Divorced
Separated
Never Married
Troy's average per capita income is $58,125. Household income levels show a median of $99,375. The poverty rate stands at 0%.
Name | Median | Mean |
|---|---|---|
| Families | $123,304 | $121,959 |
| Married Families | $122,768 | - |
| Households | $99,375 | $102,221 |
| Non Families | - | - |
Average Income
Median Household Income
Poverty Rate