Population 5,146 · Census ACS 2020–24
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Population and households in Troy
Household size in Troy
| Period | Troy | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 2.61 | 2.63 | 2.68 |
| 2010–14 | 2.70 | 2.68 | 2.73 |
| 2015–19 | 2.68 | 2.68 | 2.71 |
| 2020–24 | 2.91 | 2.62 | 2.65 |
| Change | +0.30 | −0.01 | −0.03 |
Troy is a place of big households: 2.91 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids. Since 2006–10, household size has climbed from 2.61, even as the national average fell.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 41.7 | 38.2 | 37.7 |
| 2010–14 | 42.0 | 39.0 | 38.6 |
| 2015–19 | 44.4 | 40.0 | 39.6 |
| 2020–24 | 45.7 | 40.3 | 40.1 |
| Change | +4.0 | +2.1 | +2.3 |
Troy skews older: half of its residents are older than 45.7, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 41.7, in line with the national trend.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 10.0% | 11.1% | 12.3% |
| 2010–14 | 13.4% | 11.0% | 12.3% |
| 2015–19 | 9.1% | 10.5% | 11.6% |
| 2020–24 | 13.9% | 10.7% | 11.6% |
| Change | +3.9 pts | −0.4 pts | −0.6 pts |
Single-parent households are more common in Troy than nationally: 13.9%, against 11.6%. Since 2006–10, the single-parent share has risen 3.9 points, even as the national share fell. Troy has a higher share of single-parent households than at least four in five Virginia cities.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 17.6% | 31.1% | 33.3% |
| 2010–14 | 15.9% | 33.3% | 35.6% |
| 2015–19 | 14.3% | 33.7% | 36.0% |
| 2020–24 | 11.4% | 32.7% | 34.8% |
| Change | −6.2 pts | +1.5 pts | +1.5 pts |
Only 11.4% of households in Troy rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 42.4% have no mortgage at all, about the same as nationally. The renter share is down 6.2 points from 2006–10, even as the national share rose.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 13.8% | 10.3% | 11.4% |
| 2010–14 | 5.2% | 10.2% | 11.4% |
| 2015–19 | 11.3% | 9.7% | 11.1% |
| 2020–24 | 15.7% | 8.7% | 9.6% |
| Change | +1.9 pts | −1.6 pts | −1.8 pts |
Vacancy is high in Troy: 15.7% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Vacancy is up 1.9 points from 2006–10, even as the national rate fell.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 1981 | 1978 | 1974 |
| 2010–14 | 1989 | 1980 | 1975 |
| 2015–19 | 1997 | 1981 | 1977 |
| 2020–24 | 1993 | 1984 | 1980 |
| Change | +12 | +5 | +6 |
Much of the housing in Troy is relatively new: half of its homes were built after 1993, compared with 1980 for the U.S. as a whole. The median year built has moved up from 1981 in 2006–10, a sign of steady new building. Newer construction is concentrated in the west, while the center has the oldest housing.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | $779 | $1,143 | $965 |
| 2010–14 | $1,103 | $1,238 | $1,040 |
| 2015–19 | $1,297 | $1,436 | $1,213 |
| 2020–24 | $1,386 | $1,743 | $1,571 |
| Change | +$607 | +$600 | +$606 |
The median renter in Troy pays $1,386 a month for rent and utilities, below the national median of $1,571. Rents are up $607 a month from 2006–10, a 78% jump, faster than rents rose nationally. Rent takes 23.3% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. Rents run highest in the west and lowest in the center.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 19.4% | 35.2% | 28.4% |
| 2010–14 | 26.0% | 36.7% | 29.6% |
| 2015–19 | 31.6% | 39.3% | 32.1% |
| 2020–24 | 33.2% | 42.5% | 35.6% |
| Change | +13.8 pts | +7.3 pts | +7.2 pts |
About a third of adults 25 and older in Troy (33.2%) hold at least a bachelor's degree, close to the national share of 35.6%. The share is lower than in Virginia overall (42.5%). Since 2006–10, the share with a degree has risen 13.8 points, in line with the national trend.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 74.7% | 86.8% | 84.9% |
| 2010–14 | 75.4% | 88.3% | 86.1% |
| 2015–19 | 84.6% | 89.9% | 87.7% |
| 2020–24 | 91.7% | 91.6% | 89.3% |
| Change | +17.0 pts | +4.7 pts | +4.3 pts |
About nine in ten adults in Troy have finished high school (91.7%), a bit above the national rate of 89.3%. The picture is much the same across Virginia. The share with a diploma is up 17.0 points from 2006–10, a much bigger shift than nationally.
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 | Virginia | U.S. |
|---|---|---|---|
| 2006–10 | 4.0% | 6.0% | 8.1% |
| 2010–14 | 9.4% | 7.0% | 9.4% |
| 2015–19 | 3.8% | 4.7% | 5.6% |
| 2020–24 | 1.5% | 4.3% | 5.4% |
| Change | −2.4 pts | −1.7 pts | −2.7 pts |
Unemployment in Troy has been low: just 1.5% of the labor force was out of work and looking, well below the national rate of 5.4%. Only ten of the 243 Virginia cities with 5,000+ people have lower unemployment. Unemployment has fallen 2.4 points since 2006–10, in line with the national trend.
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 | 2.91 | 45.7 | 13.9% | 11.4% | 15.7% | 1993 | $1,386 | 33.2% | 91.7% | 1.5% |
| Zion | 2.58 | 46.7 | 4.1% | 18.1% | 7.8% | 2005 | $1,769 | 55.0% | 96.1% | 3.9% |
| Lake Monticello | 2.65 | 43.7 | 8.0% | 4.9% | 8.4% | 1998 | $1,996 | 51.4% | 98.2% | 2.9% |
| Keswick | 2.46 | 53.4 | 7.0% | 15.0% | 5.6% | 1996 | $1,747 | 63.1% | 95.8% | 5.5% |
| Zion Crossroads | 2.15 | 51.8 | 3.3% | 29.3% | 5.4% | 2011 | $1,788 | 62.1% | 96.7% | 5.0% |
| Thelma | 2.54 | 41.7 | 4.2% | 15.2% | 25.2% | 2000 | $990 | 28.7% | 86.7% | 1.4% |
| Palmyra | 2.60 | 46.2 | 5.9% | 11.4% | 10.3% | 1995 | $1,302 | 31.9% | 92.0% | 6.0% |
| Wildwood | 2.29 | 50.1 | 4.1% | 11.4% | 4.9% | 1991 | $1,138 | 27.0% | 91.3% | 9.1% |
| Cobham | 2.37 | 41.7 | 2.7% | 22.0% | 9.5% | 1992 | $1,215 | 55.6% | 92.9% | 6.9% |
| Cunningham | 2.61 | 41.7 | 7.9% | 9.1% | 11.7% | 1999 | $1,495 | 33.4% | 95.7% | 5.3% |
| Wilmington | 2.25 | 52.6 | 3.6% | 18.5% | 7.0% | 1990 | $1,138 | 30.5% | 88.5% | 6.7% |
All figures 2020–24.
Cities with similar populations: Mascot, TN · Moonachie, NJ · Montgomery, MN · Montezuma, GA · Mertztown, PA · Meadowbrook, CA · McConnelsville, OH · McConnellsburg, PA · Mccleary, WA · McArthur, OH
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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