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The total population of Troy is estimated to be 1,941 with 897 males (46.21%) and 1,044 females (53.79%). There are 147 more females than males in Troy.
The median household income in Troy was $46,882 in 2021, which marked an a decrease of 867(1.82%) from $47,749 in 2020. This income is 62.84% 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 25 to 44 years old, at $59,866. Overall, the median household income for the town of Troy stands at $46,882.
In Troy, the median income for all workers aged 15 years and older, regardless of work hours, was $35,621 for males and $26,082 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,417 for males and $37,565 for females.
In Troy, population is primarily represented by White households, reporting a median income of $47,162.
In 2022, the population of Troy was 1,410, a 0.07% decrease year-by-year from 2021. Previously, in 2021, Troy's population was 1,411, a decline of 0.49% compared to a population of 1,418 in 2020.
The median age in Troy, TN is 36.9, as per 2021 ACS 5-Year Estimates. Of the total population, 20.14% were under the age of 15, 17.65% aged 15 to 29, 41.20% aged 30 to 64, 18.21% aged 65 to 84, and 2.80% were 85 years of age and older.
Racial distribution of Troy population: 97.97% are White, 0.25% are Black or African American and 1.78% are multiracial.