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The total population of Troy township is estimated to be 215 with 106 males (49.30%) and 109 females (50.70%). There are 3 more females than males in Troy township.
The median household income in Troy township was $52,244 in 2021, which marked an an increase of 190(0.37%) from $52,054 in 2020. This income is 70.03% 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 township sees its highest median household income among householders in the age group of 25 to 44 years old, at $91,878. Overall, the median household income for the township of Troy township stands at $52,244.
In Troy township, the median income for all workers aged 15 years and older, regardless of work hours, was $31,752 for males and $20,267 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,992 for males and $60,801 for females.
In Troy township, population is primarily represented by White households, reporting a median income of $44,588.
In 2022, the population of Troy township was 262, a 1.16% increase year-by-year from 2021. Previously, in 2021, Troy township's population was 259, an increase of 1.17% compared to a population of 256 in 2020.
The median age in Troy Township, Michigan is 36.6, as per 2021 ACS 5-Year Estimates. Of the total population, 22.82% were under the age of 15, 17.96% aged 15 to 29, 41.26% aged 30 to 64, 17.96% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Troy township population: 84.95% are White, 4.85% are Black or African American, 4.85% are American Indian and Alaska Native, 1.46% are some other race and 3.88% are multiracial.