Troy

Population: 1,915
Median household income: $52,656
Median home value: $110,800

Located in Obion County, Tennessee, Troy is a community with a population of 1,915. Its median household income of $52,656 runs in line with the Obion County figure of $53,102.

From 2019 to 2023, Troy's population grew 12.4% from 1,703 to 1,915, while its median home value rose 23.1% from $90,000 to $110,800.

The median gross rent is $764. 19.4% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 1,915
Median age: 36.0 yrs
Median household income: $52,656
Median home value: $110,800
Median gross rent: $764
Housing units: 847
Homeownership rate: 70.6%
Bachelor's degree or higher: 19.4%
Unemployment rate: 4.5%

Trends

ACS 5-year · 2019–2023

Population

1,7031,915

Median household income

$39,889$52,656

Median home value

$90,000$110,800

Median gross rent

$646$764

Year	Population	Median household income	Median home value	Median gross rent
2019	1,703	$39,889	$90,000	$646
2020	1,828	$42,139	$90,000	$670
2021	1,966	$43,373	$87,100	$709
2022	1,941	$49,839	$100,800	$751
2023	1,915	$52,656	$110,800	$764

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

Age distribution

Under 53.9%

5 to 1717.7%

18 to 249.6%

25 to 3413.2%

35 to 4420.6%

45 to 549.3%

55 to 646.4%

65 to 7411.5%

75 and over7.7%

	Count	Share
Under 5	75	3.9%
5 to 17	339	17.7%
18 to 24	184	9.6%
25 to 34	253	13.2%
35 to 44	394	20.6%
45 to 54	179	9.3%
55 to 64	123	6.4%
65 to 74	221	11.5%
75 and over	147	7.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,855	96.9%
Black or African American	9	0.5%
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	33	1.7%
Hispanic or Latino (any race)	18	0.9%

Educational attainment (age 25+)

No high school diploma20.7%

High school graduate39.7%

Some college or associate's20.2%

Bachelor's degree12.8%

Graduate or professional degree6.7%

	Count	Share
No high school diploma	272	20.7%
High school graduate	523	39.7%
Some college or associate's	266	20.2%
Bachelor's degree	168	12.8%
Graduate or professional degree	88	6.7%

Commute to work

Mean travel time to work: 19 min

Drove alone87.2%

Carpooled7.3%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home1.3%

Other means4.1%

How workers get to work

	Count	Share
Drove alone	779	87.2%
Carpooled	65	7.3%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	12	1.3%
Other means	37	4.1%

Travel time

	Count	Share
Under 15 min	259	29.4%
15 to 29 min	491	55.7%
30 to 44 min	106	12.0%
45 to 59 min	3	0.3%
60+ min	22	2.5%

Households

Average household size: 2.39
Poverty rate: 13.3% (246 of 1,851)

	Count	Share
Family households	445	55.6%
Nonfamily households	355	44.4%

Housing

Median year structure built: 1984

Occupancy

	Count	Share
Occupied	800	94.5%
Vacant	47	5.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	565	70.6%
Renter-occupied	235	29.4%

1-unit, detached66.0%

1-unit, attached1.9%

2 to 4 units3.5%

5 to 19 units6.5%

20 or more units0.0%

Mobile home & other22.1%

Units in structure

	Count	Share
1-unit, detached	559	66.0%
1-unit, attached	16	1.9%
2 to 4 units	30	3.5%
5 to 19 units	55	6.5%
20 or more units	0	0.0%
Mobile home & other	187	22.1%

Geography

Place GEOID: 4775240
Type (LSAD): 43
Land area: 1.35 sq mi
Water area: 0 sq mi
Center point: 36.3418, -89.1584