Troy township is located in Spencer County, Indiana. Troy township has a 2026 population of 3,864. Troy township is currently growing at a rate of 0.89% annually and its population has increased by 3.7% since the most recent census, which recorded a population of 3,726 in 2020.
The median household income in Troy township is $55,313 with a poverty rate of 12.36%. The median age in Troy township is 45 years: 44.4 years for males, and 47.3 years for females. For every 100 females there are 87.4 males.
Data after 2023 is projected based on recent change
Overall: 45 years
Female: 47.3 years
Male: 44.4 years
There are 2,971 adults, (817 of whom are seniors) in Troy township.
Female: 1,996 (53.4%)
Male: 1,744 (46.6%)
The racial composition of Troy township includes 91.39% White, and smaller percentages for Black or African American, Asian, other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 3,418 | 91.39% |
| Two or more races | 245 | 6.55% |
| Black or African American | 34 | 0.91% |
| Asian | 30 | 0.8% |
| Other race | 13 | 0.35% |
Troy township 's average per capita income is $47,769. Household income levels show a median of $55,313. The poverty rate stands at 12.36%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $89,757 | - |
| Families | $68,317 | $102,803 |
| Households | $55,313 | $90,877 |
| Non Families | $40,703 | $66,580 |
Average Income
Median Household Income
Poverty Rate