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The total population of Troy is estimated to be 17,757 with 8,225 males (46.32%) and 9,532 females (53.68%). There are 1,307 more females than males in Troy.
The median household income in Troy was $39,355 in 2021, which marked an an increase of 145(0.37%) from $39,210 in 2020. This income is 52.75% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Troy sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,295. Overall, the median household income for the city of Troy stands at $39,355.
In Troy, the median income for all workers aged 15 years and older, regardless of work hours, was $26,798 for males and $23,514 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,414 for males and $42,720 for females.
In Troy, there are just three different racial groups among households. Among these, White households report a median household income of $49,964, followed by Black or African American households at $33,567, and Asian households with a median household income of $2,701.
In 2022, the population of Troy was 17,774, a 1.31% increase year-by-year from 2021. Previously, in 2021, Troy's population was 17,545, a decline of 0.66% compared to a population of 17,662 in 2020.
The median age in Troy, AL is 25.0, as per 2021 ACS 5-Year Estimates. Of the total population, 14.71% were under the age of 15, 43.14% aged 15 to 29, 31.54% aged 30 to 64, 8.78% aged 65 to 84, and 1.84% were 85 years of age and older.
Racial distribution of Troy population: 54.53% are White, 38.85% are Black or African American, 0.24% are American Indian and Alaska Native, 3.21% are Asian, 0.05% are some other race and 3.12% are multiracial.