Troy is a city located in Spencer County Indiana. With a 2020 population of 398, it is the 445th largest city in Indiana and the 14302nd largest city in the United States . Troy is currently declining at a rate of 0.00% annually and its population has increased by 3.38% since the most recent census, which recorded a population of 385 in 2010. Troy reached it's highest population of 417 in 2010. Spanning over 1 miles, Troy has a population density of 351 people per square mile.
The average household income in Troy is $51,917 with a poverty rate of 8.12%. The median rental costs in recent years comes to $795 per month, and the median house value is $70,600. The median age in Troy is 53.3 years, 51.4 years for males, and 56.8 years for females.