Troy is a city located in Perry County and Spencer County Indiana. Troy has a 2024 population of 372. Troy is currently growing at a rate of 1.92% 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 $56,257 with a poverty rate of 5.35%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Troy is 32.9 years, 38.4 years for males, and 32 years for females.
According to the most recent ACS, the racial composition of Troy was:
White
Two or more races
Black or African American
Native American
Asian
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 215 | 2.69 | 81.9 | 18.1 |
| Married | 123 | 3.53 | 92.7 | 7.3 |
| Non Family | 67 | 1.21 | 74.6 | 25.4 |
| Male | 17 | 2.47 | 47.1 | 52.9 |
| Female | 8 | 2.75 | 50 | 50 |
3.36
Average Family Size
2.69
Average Household Size
81.9%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among 2+ races people with a rate of 100%.
The highest rate of bachelors degrees is among 2+ races people with a rate of 100%.
All
Male
Female
$48,125
Average Earnings
$55,417
Average Male
$32,841
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
100% of Troy residents speak only English, while 0% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0% of the population.
5.35%
Overall Poverty Rate
6.72%
Male Poverty Rate
4.29%
Female Poverty Rate
The race most likely to be in poverty in Troy is White, with 5.53% below the poverty level.
The race least likely to be in poverty in Troy is White, with 5.53% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 5.19%, and for those that did not work, the poverty rate was 13.38%.
Married
Widowed
Divorced
Separated
NeverMarried
62.9%
Overall Marriage Rate
59.7%
Male Marriage Rate
66.9%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 20-34.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
2.78%
Veteran Poverty Rate
59.72%
Veteran Disability Rate
LaborForceParticipation
54.6%
Labor Force Participation
53.5%
Employment Rate
2%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
77.55%
Born in Troy
100%
Native Born
0%
Foreign Born
0%
Non Citizen
0%
Naturalized
100% of Troy residents were born in the United States, with 77.55% having been born in Indiana. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 404 | 6 | 1.51% |
| 2028 | 398 | 7 | 1.79% |
| 2027 | 391 | 6 | 1.56% |
| 2026 | 385 | 7 | 1.85% |
| 2025 | 378 | 6 | 1.61% |
| 2024 | 372 | 7 | 1.92% |
| 2023 | 365 | 6 | 1.67% |
| 2022 | 359 | 4 | 1.13% |
| 2021 | 355 | 9 | 2.6% |
| 2020 | 346 | -54 | -13.5% |
| 2019 | 400 | 2 | 0.5% |
| 2018 | 398 | -4 | -1% |
| 2017 | 402 | 0 | 0% |
| 2016 | 402 | -4 | -0.99% |
| 2015 | 406 | -1 | -0.25% |
| 2014 | 407 | -5 | -1.21% |
| 2013 | 412 | 1 | 0.24% |
| 2012 | 411 | -4 | -0.96% |
| 2011 | 415 | -1 | -0.24% |
| 2010 | 416 | 0 | 0% |