Troy

Population: 26,716
Median household income: $70,450
Median home value: $199,400

Located in Miami County, Ohio, Troy is a community with a population of 26,716. Its median household income of $70,450 runs below the Miami County figure of $74,175.

From 2019 to 2023, Troy's population grew 2.9% from 25,961 to 26,716, while its median home value rose 43.2% from $139,200 to $199,400.

71.8% of homes are single-family detached houses. The typical home was built around 1973.

Demographics

ACS 2019–2023

Population: 26,716
Median age: 37.6 yrs
Median household income: $70,450
Median home value: $199,400
Median gross rent: $934
Housing units: 11,527
Homeownership rate: 65.3%
Bachelor's degree or higher: 31.7%
Unemployment rate: 5.0%

Trends

ACS 5-year · 2019–2023

Population

25,96126,716

Median household income

$54,161$70,450

Median home value

$139,200$199,400

Median gross rent

$788$934

Year	Population	Median household income	Median home value	Median gross rent
2019	25,961	$54,161	$139,200	$788
2020	26,176	$61,216	$144,100	$782
2021	26,093	$65,563	$156,900	$821
2022	26,494	$69,730	$176,000	$888
2023	26,716	$70,450	$199,400	$934

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

Age distribution

Under 56.5%

5 to 1719.1%

18 to 247.7%

25 to 3412.3%

35 to 4415.1%

45 to 5411.7%

55 to 6411.6%

65 to 748.5%

75 and over7.7%

	Count	Share
Under 5	1,735	6.5%
5 to 17	5,103	19.1%
18 to 24	2,045	7.7%
25 to 34	3,274	12.3%
35 to 44	4,037	15.1%
45 to 54	3,113	11.7%
55 to 64	3,098	11.6%
65 to 74	2,260	8.5%
75 and over	2,051	7.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	22,559	84.4%
Black or African American	876	3.3%
American Indian & Alaska Native	0	0.0%
Asian	920	3.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	72	0.3%
Two or more races	1,413	5.3%
Hispanic or Latino (any race)	876	3.3%

Educational attainment (age 25+)

No high school diploma7.5%

High school graduate32.7%

Some college or associate's28.1%

Bachelor's degree20.1%

Graduate or professional degree11.6%

	Count	Share
No high school diploma	1,329	7.5%
High school graduate	5,834	32.7%
Some college or associate's	5,017	28.1%
Bachelor's degree	3,586	20.1%
Graduate or professional degree	2,067	11.6%

Commute to work

Mean travel time to work: 20 min

Drove alone80.1%

Carpooled6.3%

Public transit0.2%

Walked0.9%

Bicycle1.2%

Worked from home10.3%

Other means0.9%

How workers get to work

	Count	Share
Drove alone	10,427	80.1%
Carpooled	821	6.3%
Public transit	29	0.2%
Walked	117	0.9%
Bicycle	161	1.2%
Worked from home	1,340	10.3%
Other means	116	0.9%

Travel time

	Count	Share
Under 15 min	4,622	39.6%
15 to 29 min	3,787	32.4%
30 to 44 min	2,420	20.7%
45 to 59 min	472	4.0%
60+ min	370	3.2%

Households

Average household size: 2.42
Poverty rate: 11.3% (2,983 of 26,481)

	Count	Share
Family households	6,850	62.5%
Nonfamily households	4,109	37.5%

Housing

Median year structure built: 1973

Occupancy

	Count	Share
Occupied	10,959	95.1%
Vacant	568	4.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	7,158	65.3%
Renter-occupied	3,801	34.7%

1-unit, detached71.8%

1-unit, attached4.5%

2 to 4 units10.7%

5 to 19 units7.8%

20 or more units5.2%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	8,277	71.8%
1-unit, attached	522	4.5%
2 to 4 units	1,233	10.7%
5 to 19 units	898	7.8%
20 or more units	597	5.2%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3977588
Type (LSAD): 25
Land area: 13 sq mi
Water area: 0.22 sq mi
Center point: 40.0410, -84.2224