Troy

Population: 17,733
Median household income: $47,595
Median home value: $214,100

Located in Pike County, Alabama, Troy is a community with a population of 17,733. Its median household income of $47,595 runs in line with the Pike County figure of $47,961.

From 2019 to 2023, Troy's population declined 7.2% from 19,112 to 17,733, while its median home value rose 39.0% from $154,000 to $214,100.

36.5% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 47.2% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 17,733
Median age: 24.7 yrs
Median household income: $47,595
Median home value: $214,100
Median gross rent: $943
Housing units: 8,022
Homeownership rate: 47.2%
Bachelor's degree or higher: 36.5%
Unemployment rate: 3.1%

Trends

ACS 5-year · 2019–2023

Population

19,11217,733

Median household income

$31,515$47,595

Median home value

$154,000$214,100

Median gross rent

$687$943

Year	Population	Median household income	Median home value	Median gross rent
2019	19,112	$31,515	$154,000	$687
2020	18,995	$34,603	$160,800	$740
2021	17,765	$36,409	$168,700	$793
2022	17,757	$38,783	$194,600	$826
2023	17,733	$47,595	$214,100	$943

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.9%

5 to 1711.1%

18 to 2434.5%

25 to 3412.3%

35 to 448.8%

45 to 548.0%

55 to 649.5%

65 to 745.7%

75 and over5.2%

	Count	Share
Under 5	871	4.9%
5 to 17	1,968	11.1%
18 to 24	6,124	34.5%
25 to 34	2,182	12.3%
35 to 44	1,560	8.8%
45 to 54	1,424	8.0%
55 to 64	1,676	9.5%
65 to 74	1,011	5.7%
75 and over	917	5.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	9,109	51.4%
Black or African American	7,234	40.8%
American Indian & Alaska Native	65	0.4%
Asian	589	3.3%
Native Hawaiian & Pacific Islander	19	0.1%
Some other race	0	0.0%
Two or more races	350	2.0%
Hispanic or Latino (any race)	367	2.1%

Educational attainment (age 25+)

No high school diploma7.5%

High school graduate28.3%

Some college or associate's27.7%

Bachelor's degree21.0%

Graduate or professional degree15.5%

	Count	Share
No high school diploma	660	7.5%
High school graduate	2,480	28.3%
Some college or associate's	2,428	27.7%
Bachelor's degree	1,842	21.0%
Graduate or professional degree	1,360	15.5%

Commute to work

Mean travel time to work: 18 min

Drove alone85.8%

Carpooled5.5%

Public transit0.5%

Walked2.8%

Bicycle0.5%

Worked from home3.7%

Other means1.2%

How workers get to work

	Count	Share
Drove alone	6,756	85.8%
Carpooled	432	5.5%
Public transit	37	0.5%
Walked	222	2.8%
Bicycle	36	0.5%
Worked from home	293	3.7%
Other means	94	1.2%

Travel time

	Count	Share
Under 15 min	4,795	63.3%
15 to 29 min	1,464	19.3%
30 to 44 min	155	2.0%
45 to 59 min	501	6.6%
60+ min	662	8.7%

Households

Average household size: 2.41
Poverty rate: 26.1% (3,988 of 15,265)

	Count	Share
Family households	3,131	49.4%
Nonfamily households	3,202	50.6%

Housing

Median year structure built: 1992

Occupancy

	Count	Share
Occupied	6,333	78.9%
Vacant	1,689	21.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,987	47.2%
Renter-occupied	3,346	52.8%

1-unit, detached56.9%

1-unit, attached0.7%

2 to 4 units12.7%

5 to 19 units11.6%

20 or more units5.6%

Mobile home & other12.5%

Units in structure

	Count	Share
1-unit, detached	4,564	56.9%
1-unit, attached	53	0.7%
2 to 4 units	1,020	12.7%
5 to 19 units	932	11.6%
20 or more units	449	5.6%
Mobile home & other	1,004	12.5%

Geography

Place GEOID: 0176920
Type (LSAD): 25
Land area: 28 sq mi
Water area: 0.08 sq mi
Center point: 31.8020, -85.9671