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CITY

Troy

Montana · 916 residents (2025 est.) · 0.846 sq mi
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The short version

Troy has notably lower household income than the US average, with a median household income of $32,250. Population has declined 9% since 2000. 6% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $257,600. At a median age of 34.3, residents skew younger than the country as a whole. Households here earn about 56% less than the Montana median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 34.3
US median: 38.9
Less educated
6% hold a bachelor's degree
US average: 36%
Less affordable
home values up 151%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
871
−9%since 2000
from 957 in 2000
1990 – 2025
Population density
1,030 / sq mi
−9%since 2000
from 1,131 / sq mi in 2000
US average: 281
Median age
34.3
−16%since 2000
from 41.0 in 2000
US average: 38.9

PEP 2025 EST:916 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
6587448319171K1990201020202024Troy
2024871
1990201020202024
Section 02

Income & economy

Median household income
$32,250
−10%inflation adjusted, since 2000
from $19,635 in 2000
US average: $82,259
1990 – 2024
Per capita income
$18,258
+72%since 2000
from $10,620 in 2000
US average: $44,673
Households earning $100K+
20.9%
+9.2 ptssince 2009
from 11.7% in 2009
US average: 53.3%
Poverty rate
39.8%
+12.3 ptssince 2000
from 27.5% in 2000
US average: 12.5%
Income inequality (Gini)
0.470
+15%since 2010
from 0.408 in 2010
US average: 0.476
Workforce by industry, 2024
Agriculture, forestry, fishing16.4%
US avg: 1.6%
Construction13.6%
US avg: 1.2%
Information11.8%
US avg: 10.8%
Wholesale trade11.4%
US avg: 6.9%
Finance & insurance10%
US avg: 5.9%
Retail trade9.3%
US avg: 9.9%
Professional, scientific, technical8.9%
US avg: 5.1%
Manufacturing2.9%
US avg: 0.4%
Education & health services1.1%
US avg: 0.9%
Arts, entertainment, food0.7%
US avg: 1.9%
Transportation & warehousing0%
US avg: 2.2%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$257,600
+151%inflation adjusted, since 2000
from $56,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$750
+13%inflation adjusted, since 2000
from $364 in 2000
US average: $1,442
Owner-occupied
72.7%
+6.6 ptssince 2000
from 66.1% in 2000
27.3% rent
Vacancy rate
14.5%
+9.0 ptssince 2009
from 5.5% in 2009
US average: 10.0%
Owner cost-burdened
7.7%
−20.5 ptssince 2009
from 28.2% in 2009
US average: 22.9%
Renter cost-burdened
60.2%
+6.2 ptssince 2009
from 54.0% in 2009
US average: 47.4%
Afford Score
8.0
+178%since 2000
from 2.9 in 2000
1990 – 2024
Gentrification Score
35
RELATED:See current rent listings in Troy on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95%(909)
Black0%(0)
Hispanic / Latino1.4%(13)
Asian0.1%(1)
Other0%
Diversity Score3.7%(36)
2024
White, non-Hispanic96%(836)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other4%(35)
Diversity Score9.6%(84)
Diversity Score
10
+158%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
6.0%
−9.5 ptssince 2000
from 15.6% in 2000
US average: 35.6%
High school or higher
84.7%
+4.5 ptssince 2000
from 80.2% in 2000
US average: 89.6%
Graduate degree
1.0%
−0.6 ptssince 2000
from 1.6% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.5 min
+37%since 2000
from 15.7 min in 2000
US average: 26.5
Drive alone to work
79.8%
+12.6 ptssince 2009
from 67.1% in 2009
US average: 68.9%
Carpooled to work
14.7%
+8.4 ptssince 2009
from 6.3% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
4.4%
−4.2 ptssince 2009
from 8.6% in 2009
US average: 15.0%
Walked to work
0.0%
−12.6 ptssince 2009
from 12.6% in 2009
US average: 2.4%
Biked to work
1.2%
−4.2 ptssince 2009
from 5.4% in 2009
US average: 0.4%
No vehicle available
4.7%
−4.4 ptssince 2009
from 9.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.4%
−5.3 ptssince 2011
from 7.7% in 2011
US average: 5.2%
Labor force participation
50.5%
+1.9 ptssince 2011
from 48.7% in 2011
US average: 63.5%
Self-employed
13.6%
−12.7 ptssince 2009
from 26.2% in 2009
US average: 13.1%
Management & professional
6.1%
−50.9 ptssince 2009
from 57.0% in 2009
US average: 42.5%
Section 08

People & community

Male
51.8%
Unchangedsince 2009
from 51.8% in 2009
Female
48.2%
Unchangedsince 2009
from 48.2% in 2009
Foreign born
1.3%
+0.9 ptssince 2009
from 0.4% in 2009
US average: 14.1%
Veterans
11.3%
−41.0 ptssince 2009
from 52.3% in 2009
US average: 6.2%
With a disability
24.3%
+4.2 ptssince 2012
from 20.1% in 2012
US average: 13.3%
Uninsured
14.7%
−70.1 ptssince 2013
from 84.8% in 2013
US average: 8.4%
Broadband at home
86.6%
+31.1 ptssince 2017
from 55.5% in 2017
US average: 91.0%
English only at home
90.8%
−9.1 ptssince 2016
from 99.9% in 2016
US average: 77.7%
Spanish at home
9.0%
+9.0 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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Compare Troy to nearby cities

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TROY VS
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Frequently asked

How many people live in Troy, Montana?

Troy, Montana has about 871 residents according to the 2024 American Community Survey.

What is the median household income in Troy, Montana?

The typical household in Troy, Montana earns about $32,250 a year. Half of households make more than that, and half make less.

Is Troy, Montana expensive?

In Troy, Montana, the median home is worth about $257,600, and the typical rent is about $750 a month.

How educated are people in Troy, Montana?

About 6.0% of adults age 25 and over in Troy, Montana hold a bachelor's degree or higher.

What is the poverty rate in Troy, Montana?

About 39.8% of people in Troy, Montana live below the federal poverty line.

Has Troy, Montana grown since 1990?

Yes, Troy, Montana has shrunk since 1990. The population has lost about 103 residents, a change of about -11 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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