Troy

Population: 539
Median household income: $50,000
Median home value: $95,600

Troy is a community in Perry County, Indiana, home to 539 residents. The median household income of $50,000 is below the Perry County median ($61,099).

From 2019 to 2023, Troy's population grew 40.4% from 384 to 539, while its median home value rose 35.4% from $70,600 to $95,600.

8.0% of residents live below the poverty line. Households average 2.75 people.

Demographics

ACS 2019–2023

Population: 539
Median age: 32.6 yrs
Median household income: $50,000
Median home value: $95,600
Median gross rent: $906
Housing units: 211
Homeownership rate: 80.6%
Bachelor's degree or higher: 15.4%
Unemployment rate: 5.2%

Trends

ACS 5-year · 2019–2023

Population

384539

Median household income

$45,625$50,000

Median home value

$70,600$95,600

Median gross rent

$795$906

Year	Population	Median household income	Median home value	Median gross rent
2019	384	$45,625	$70,600	$795
2020	661	$42,194	$75,000	$800
2021	640	$47,250	$70,900	$840
2022	579	$55,290	—	$936
2023	539	$50,000	$95,600	$906

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

Age distribution

Under 56.9%

5 to 1732.7%

18 to 243.9%

25 to 3410.6%

35 to 4417.1%

45 to 548.7%

55 to 642.0%

65 to 7411.9%

75 and over6.3%

	Count	Share
Under 5	37	6.9%
5 to 17	176	32.7%
18 to 24	21	3.9%
25 to 34	57	10.6%
35 to 44	92	17.1%
45 to 54	47	8.7%
55 to 64	11	2.0%
65 to 74	64	11.9%
75 and over	34	6.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	509	94.4%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	23	4.3%
Hispanic or Latino (any race)	7	1.3%

Educational attainment (age 25+)

No high school diploma5.2%

High school graduate33.1%

Some college or associate's46.2%

Bachelor's degree14.8%

Graduate or professional degree0.7%

	Count	Share
No high school diploma	16	5.2%
High school graduate	101	33.1%
Some college or associate's	141	46.2%
Bachelor's degree	45	14.8%
Graduate or professional degree	2	0.7%

Commute to work

Mean travel time to work: 20 min

Drove alone84.0%

Carpooled10.4%

Public transit0.6%

Walked1.2%

Bicycle0.0%

Worked from home3.7%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	137	84.0%
Carpooled	17	10.4%
Public transit	1	0.6%
Walked	2	1.2%
Bicycle	0	0.0%
Worked from home	6	3.7%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	79	50.3%
15 to 29 min	45	28.7%
30 to 44 min	21	13.4%
45 to 59 min	1	0.6%
60+ min	11	7.0%

Households

Average household size: 2.75
Poverty rate: 8.0% (43 of 539)

	Count	Share
Family households	144	73.5%
Nonfamily households	52	26.5%

Housing

Median year structure built: 1963

Occupancy

	Count	Share
Occupied	196	92.9%
Vacant	15	7.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	158	80.6%
Renter-occupied	38	19.4%

1-unit, detached64.9%

1-unit, attached0.0%

2 to 4 units2.4%

5 to 19 units0.9%

20 or more units0.0%

Mobile home & other31.8%

Units in structure

	Count	Share
1-unit, detached	137	64.9%
1-unit, attached	0	0.0%
2 to 4 units	5	2.4%
5 to 19 units	2	0.9%
20 or more units	0	0.0%
Mobile home & other	67	31.8%

Geography

Place GEOID: 1876634
Type (LSAD): 43
Land area: 1.13 sq mi
Water area: 0 sq mi
Center point: 38.0020, -86.7990