Troy, North Carolina Population 2024

2,925

Troy is a city located in Montgomery County North Carolina. Troy has a 2024 population of 2,925. It is also the county seat of Montgomery County.Troy is currently declining at a rate of -0.34% annually but its population has increased by 2.56% since the most recent census, which recorded a population of 2,852 in 2020.

The average household income in Troy is $61,723 with a poverty rate of 27.46%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Troy is 40.9 years, 37.8 years for males, and 43.4 years for females.

Troy Demographics

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

  • White: 49.4%
  • Black or African American: 42.83%
  • Other race: 4.31%
  • Two or more races: 2.16%
  • Native American: 1.13%
  • Asian: 0.17%
  • Native Hawaiian or Pacific Islander:
Land Area (mi²)
3.6 sq mi
Density (mi²)
806.60/sq mi
Growth Since 2020
2.56% (73)
The current population of Troy, North Carolina is 2,925 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 2,852.

Troy, North Carolina Population 2024

Population by Race

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Race
Population
Percentage (of total)
White1,44349.4%
Black or African American1,25142.83%
Other race1264.31%
Two or more races632.16%
Native American331.13%
Asian50.17%
Native Hawaiian or Pacific Islander
showing: 7 rows

White

Black or African American

Other race

Two or more races

Native American

Asian

Native Hawaiian or Pacific Islander

Troy Population by Race

Troy Population Pyramid 2024

Troy Median Age

40.9

Total

37.8

Male

43.4

Female

Troy Adults

There are 2,507 adults, (511 of whom are seniors) in Troy.

Troy Age Dependency

46.3

Age Dependency Ratio

25.6

Old Age Dependency Ratio

20.7

Child Dependency Ratio

Troy Sex Ratio

Female1,37947.21%
Male1,54252.79%

Troy Population by Age

Troy Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,0352.241.158.9
Non Family3891.3244.555.5
Female3632.611981
Married2312.871.428.6
Male523.1334.665.4
showing: 5 rows

2.65

Average Family Size

2.2

Average Household Size

41.1%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Troy Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Troy Educational Attainment by Sex (over 25)

Troy Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among asian people with a rate of 100%.

The highest rate of bachelors degrees is among 2+ races people with a rate of 78.57%.

Troy Educational Attainment by Race

All

Male

Female

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$23,786

Average Earnings

$23,678

Average Male

$25,117

Average Female

Troy Earnings by Educational Attainment

Troy Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Troy Language

92.7% of Troy residents speak only English, while 7.3% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 6.69% of the population.

Troy Language

Troy Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Black99547547.74%
White1,11414613.11%
Asian55100%
showing: 3 rows

27.46%

Overall Poverty Rate

25.63%

Male Poverty Rate

28.69%

Female Poverty Rate

Poverty in Troy

The race most likely to be in poverty in Troy is Asian, with 100% below the poverty level.

The race least likely to be in poverty in Troy is White, with 13.11% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 13.94%. Among those working part-time, it was 26.35%, and for those that did not work, the poverty rate was 30.68%.

Troy Poverty

rate

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Rate
Poverty
Less Than 9th Grade39.8%
High School32.8%
Bachelors or Greater22.5%
Some College13.22%
showing: 4 rows

Troy Poverty Rate by Education

rate

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Rate
Poverty
Female Employed27.25%
Female Unemployed10.64%
Male Employed2.74%
Male Unemployed
showing: 4 rows

Troy Poverty Rate by Employment Status and Sex

Troy Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Troy Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

21.2%

Overall Marriage Rate

22.1%

Male Marriage Rate

20.3%

Female Marriage Rate

Troy Married by Age and Sex

male

female

Troy Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 55-64.

Troy Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Troy Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

194

Number of Veterans

179

Male Veterans

15

Female Veterans

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Troy Veterans by War

count

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Troy Veterans by Age

count

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Troy Veterans by Race

Troy Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

38.61%

Veteran Poverty Rate

65.19%

Veteran Disability Rate

Troy Veterans by Education

LaborForceParticipation

46%

Labor Force Participation

43.3%

Employment Rate

5.9%

Unemployment Rate

Troy Employment by Age

LaborForceParticipation

Troy Employment by Race

LaborForceParticipation

Troy Employment by Education

Origin of Non-Citizens

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.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

75.04%

Born in Troy

97.3%

Native Born

2.7%

Foreign Born

1.99%

Non Citizen

0.72%

Naturalized

Place of Birth

97.3% of Troy residents were born in the United States, with 75.04% having been born in North Carolina. 1.99% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Troy Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20292,875-10-0.35%
20282,885-10-0.35%
20272,895-10-0.34%
20262,905-10-0.34%
20252,915-10-0.34%
20242,925-10-0.34%
20232,935-10-0.34%
20222,945-10-0.34%
20212,9551033.61%
20202,852-409-12.54%
20193,261381.18%
20183,223-134-3.99%
20173,357531.6%
20163,304-103-3.02%
20153,407300.89%
20143,377-10-0.3%
20133,387-58-1.68%
20123,445-48-1.37%
20113,493-4-0.11%
20103,497671.95%
20003,430260.76%
19903,40470225.98%
19802,7021807.14%
19602,522
showing: 24 rows

Troy Population by Year