Population 1,387 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Troy
Household size in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.39 | 2.57 | 2.68 |
| 2010–14 | 2.37 | 2.59 | 2.73 |
| 2015–19 | 2.56 | 2.57 | 2.71 |
| 2020–24 | 2.61 | 2.54 | 2.65 |
| Change | +0.22 | −0.03 | −0.03 |
At 2.61 people per household, Troy sits close to the national average of 2.65. Since 2006–10, household size has climbed from 2.39, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 42.5 | 37.5 | 37.7 |
| 2010–14 | 42.2 | 38.4 | 38.6 |
| 2015–19 | 45.0 | 39.1 | 39.6 |
| 2020–24 | 39.3 | 39.3 | 40.1 |
| Change | −3.2 | +1.7 | +2.3 |
At 39.3, the median age in Troy is close to the national median of 40.1, so its age mix looks much like the country's.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.9% | 11.8% | 12.3% |
| 2010–14 | 6.8% | 12.0% | 12.3% |
| 2015–19 | 7.7% | 11.6% | 11.6% |
| 2020–24 | 8.0% | 11.7% | 11.6% |
| Change | +2.1 pts | −0.1 pts | −0.6 pts |
Single parents head only 8.0% of households in Troy, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Troy
Renters in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 15.3% | 28.5% | 33.3% |
| 2010–14 | 13.9% | 30.5% | 35.6% |
| 2015–19 | 10.1% | 30.9% | 36.0% |
| 2020–24 | 16.4% | 29.4% | 34.8% |
| Change | +1.1 pts | +1.0 pts | +1.5 pts |
Troy is largely a place of homeowners: only 16.4% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 35.0% have no mortgage at all, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 7.7% | 11.2% | 11.4% |
| 2010–14 | 11.1% | 11.2% | 11.4% |
| 2015–19 | 9.3% | 10.9% | 11.1% |
| 2020–24 | 7.3% | 9.3% | 9.6% |
| Change | −0.3 pts | −2.0 pts | −1.8 pts |
Fewer homes sit empty in Troy than nationally: 7.3%, against 9.6% for the U.S.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1976 | 1972 | 1974 |
| 2010–14 | 1976 | 1973 | 1975 |
| 2015–19 | 1976 | 1974 | 1977 |
| 2020–24 | 1982 | 1977 | 1980 |
| Change | +5 | +5 | +6 |
Homes in Troy are about the same age as the nation's housing: the median home was built in 1982, versus 1980 nationally. Homes here are newer than in Indiana as a whole, where the median home dates to 1977.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $481 | $763 | $965 |
| 2010–14 | $616 | $819 | $1,040 |
| 2015–19 | $741 | $903 | $1,213 |
| 2020–24 | $776 | $1,146 | $1,571 |
| Change | +$295 | +$384 | +$606 |
Rent in Troy runs $776 a month at the median, utilities included, well below the U.S. median of $1,571. Rent takes 22.4% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Troy
Bachelor's degrees in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 9.9% | 23.8% | 28.4% |
| 2010–14 | 7.2% | 24.6% | 29.6% |
| 2015–19 | 16.5% | 27.1% | 32.1% |
| 2020–24 | 17.6% | 30.0% | 35.6% |
| Change | +7.7 pts | +6.2 pts | +7.2 pts |
Fewer adults in Troy have a four-year degree than in the country as a whole: 17.6%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 85.4% | 86.5% | 84.9% |
| 2010–14 | 85.3% | 87.7% | 86.1% |
| 2015–19 | 93.3% | 88.7% | 87.7% |
| 2020–24 | 92.6% | 89.9% | 89.3% |
| Change | +7.2 pts | +3.4 pts | +4.3 pts |
About nine in ten adults in Troy have finished high school (92.6%), above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Troy
| Period | Troy | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.7% | 8.4% | 8.1% |
| 2010–14 | 5.5% | 8.9% | 9.4% |
| 2015–19 | 2.9% | 4.9% | 5.6% |
| 2020–24 | 2.7% | 4.3% | 5.4% |
| Change | −3.0 pts | −4.1 pts | −2.7 pts |
Unemployment in Troy has been low: just 2.7% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Troy compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Troy | 2.61 | 39.3 | 8.0% | 16.4% | 7.3% | 1982 | $776 | 17.6% | 92.6% | 2.7% |
| New Boston | 2.55 | 43.3 | 4.9% | 6.8% | 4.0% | 1979 | $866 | 20.5% | 95.5% | 0.1% |
| Evanston | 2.53 | 45.5 | 4.3% | 4.9% | 4.8% | 1979 | $874 | 21.3% | 95.9% | 0.6% |
| Tell City | 2.21 | 41.9 | 9.9% | 29.9% | 7.1% | 1969 | $786 | 17.3% | 93.8% | 3.9% |
| Gatchel | 2.50 | 41.1 | 4.8% | 8.8% | 11.8% | 1998 | $677 | 20.5% | 89.8% | 3.9% |
| Fulda | 2.43 | 47.7 | 5.1% | 7.8% | 14.7% | 1977 | $810 | 27.8% | 98.9% | 7.1% |
| Lilly Dale | 2.23 | 52.2 | 7.4% | 5.8% | 6.3% | 1985 | $951 | 19.5% | 91.2% | 0.0% |
| Cannelton | 2.38 | 39.6 | 10.2% | 34.2% | 10.8% | 1970 | $727 | 9.8% | 90.9% | 7.0% |
| Petri | 2.87 | 42.7 | 15.0% | 14.5% | 5.7% | 1985 | $766 | 19.8% | 87.5% | 5.0% |
| Lamar | 2.39 | 50.3 | 4.7% | 4.0% | 7.4% | 1977 | $888 | 22.2% | 95.3% | 1.3% |
| Newtonville | 2.34 | 48.8 | 6.5% | 7.7% | 5.9% | 1973 | $863 | 19.6% | 91.9% | 0.3% |
All figures 2020–24.
Cities with similar populations: East Avon, NY · Franklin, WV · Fort McDowell, AZ · Fleming, CO · Falls Village, CT · Eureka, TX · Egypt, NY · Edgemere, ID · Ebenezer, SC · Eaton, NY
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Troy. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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