Troy, Indiana Population 2021

398
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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.

Troy Demographics

According to the most recent ACS, the racial composition of Troy was:

  • White: 99.48%
  • Two or more races: 0.52%
  • Black or African American: 0.00%
  • Native American: 0.00%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Troy, Indiana is 398 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 398.The last official US Census in 2010 recorded the population at 385.

Troy, Indiana Population 2021

Population by Race

Race Population Percentage
White38299.48%
Two or More Races20.52%
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Troy Population by Race

Troy Population Pyramid $2021

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Troy Median Age

53.3


Total

51.4


Male

56.8


Female

Troy Adults

There are 334 adults, (129 of whom are seniors) in Troy.

Troy Age Dependency

87.3

Age Dependency Ratio

62.9

Old Age Dependency Ratio

24.4

Child Dependency Ratio

Troy Sex Ratio

Female

165

42.97%

Male

219

57.03%

Troy Population by Age

Troy Renter vs Owner Occupied by Household Type

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Troy Household Types

Type Owner Renter
Male100%0%
Married94.3%5.7%
All85.1%14.9%
Female78.6%21.4%
Non Family75.9%24.1%

85.1%

Rate of Home Ownership

Troy Households and Families

Type Count Average Size Owned
All1951.9785.1
Non Family871.1475.9
Married872.6194.3
Female142.6478.6
Male73100

2.53

Average Family Size

1.97

Average Household Size

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Troy Households by Type

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Education Attained Count Percentage
Less Than 9th Grade175.50%
9th to 12th Grade3110.03%
High School Graduate15249.19%
Some College5517.80%
Associates Degree134.21%
Bachelors Degree3110.03%
Graduate Degree103.24%
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Troy Educational Attainment by Sex (over 25)

Troy Educational Attainment by Race

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The highest rate of high school graduation is among hispanic people with a rate of 100.00%.

The highest rate of bachelors degrees is among white people with a rate of 13.44%.

Troy Educational Attainment by Race

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Name Average Male Female
Overall$29,375$38,125$24,750
Less Than 9th Grade$$$
High School Graduate$31,563$31,563$28,750
Some College$25,750$45,000$
Bachelors Degree$45,250$46,500$
Graduate Degree$64,167$$

$29,375

Average Earnings

$38,125

Average Male

$24,750

Average Female

Troy Earnings by Educational Attainment

Troy Language by Age

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Troy Language

98.94% of Troy residents speak only English, while 1.06% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.06% of the population.

Troy Language

Troy Poverty by Race

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8.12%

Overall Poverty Rate

7.37%

Male Poverty Rate

9.09%

Female Poverty Rate

Poverty in Troy

The race most likely to be in poverty in Troy is White, with 8.24% below the poverty level.

The race least likely to be in poverty in Troy is White, with 8.24% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 18.46%, and for those that did not work, the poverty rate was 7.32%.

Troy Poverty

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Name Poverty
Less Than 9th Grade20.83%
Some College7.35%
Bachelors or Greater7.32%
High School3.95%

Troy Poverty Rate by Education

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Rate Poverty
Female Employed6.56%
Male Employed5.94%
Female Unemployed0.00%
Male Unemployed0.00%

Troy Poverty Rate by Employment Status and Sex

Troy Income by Household Type

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Name Median Mean
Households$45,625$51,917
Families$50,000$57,887
Married Families$52,250-
Non Families$40,417$40,483
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Income by Household Type

Troy Marital Status

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Marriage Rates

49.9%

Overall Marriage Rate

43.2%

Male Marriage Rate

58.9%

Female Marriage Rate

Troy Married by Age and Sex

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Troy Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 35-44.

Troy Marital Status by Race

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Troy Marital Status

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62

Number of Veterans

59

Male Veterans

3

Female Veterans

War Veterans
Korea19
Vietnam16
First Gulf War11
Second Gulf War10
World War II

Troy Veterans by War

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Age Group Veterans
75+25
65 to 7413
35 to 5411
55 to 649
18 to 344

Troy Veterans by Age

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Name Veterans % of Total
White6218.56%
Hispanic4100.00%

Troy Veterans by Race

Troy Veterans by Education

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8.06%

Veteran Poverty Rate

62.90%

Veteran Disability Rate

Troy Veterans by Education

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49.1%

Labor Force Participation

47.4%

Employment Rate

3.6%

Unemployment Rate

Troy Employment by Age

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Troy Employment by Race

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Troy Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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81.77%

Born in Troy

100.00%

Native Born

0.00%

Foreign Born

0.00%

Non Citizen

0.00%

Naturalized

Place of Birth

100.00% of Troy residents were born in the United States, with 81.77% having been born in Indiana. 0.00% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Troy Place of Birth

Year Population Growth Annual Growth Rate
20213980.00%
20203980.00%
20193980.00%
2018398-3-0.75%
2017401-1-0.25%
2016402-4-0.99%
2015406-1-0.25%
2014407-5-1.21%
201341210.24%
2012411-4-0.96%
2011415-2-0.48%
20104170.00%

Troy Population by Year