Troy is a town located in Montgomery County, North Carolina. Troy has a 2025 population of 3,008 . It is also the county seat of Montgomery County . Troy is currently growing at a rate of 1.01% annually and its population has increased by 5.36% since the most recent census, which recorded a population of 2,855 in 2020.
The average household income in Troy is $76,260 with a poverty rate of 18.14%. The median age in Troy is 40.8 years: 39.7 years for males, and 42.2 years for females. For every 100 females there are 120.2 males.
Data after 2023 is projected based on recent change
The racial composition of Troy includes 53.98% White, 33.67% Black or African American, 4.3% other race, and smaller percentages for Native American and multiracial populations.
White (53.98%)
Black or African American (33.67%)
Two or more races (7.88%)
Other race (4.3%)
Native American (0.17%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 1,568 | 53.98% |
| Black or African American | 978 | 33.67% |
| Two or more races | 229 | 7.88% |
| Other race | 125 | 4.3% |
| Native American | 5 | 0.17% |
Married
Widowed
Divorced
Separated
Never Married
Troy's average per capita income is $33,094. Household income levels show a median of $60,167. The poverty rate stands at 18.14%.
Name | Median | Mean |
|---|---|---|
| Married Families | $69,512 | - |
| Households | $60,167 | $76,260 |
| Families | $49,063 | $74,168 |
| Non Families | $29,200 | $51,417 |
Average Income
Median Household Income
Poverty Rate