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CITY · 2020 ACS

Troy

North Carolina · 2,850 residents · 3.66 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 $32,102. Population has fallen 17% since 2000, a loss of 580 residents. 13% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $125,000. The poverty rate of 26.6% is well above the national figure. Households here earn about 43% less than the North Carolina median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 37.1
US median: 38.8
Less educated
13% hold a bachelor's degree
US average: 33%
Less affordable
home values up 38%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,850
−17%since 2000
from 3,430 in 2000
1990 – 2025
Population density
779 / sq mi
−17%since 2000
from 937 / sq mi in 2000
US average: 280
Median age
37.1
+11%since 2000
from 33.5 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K3K3K4K1990201020202024Troy
20243K
1990201020202024
Section 02

Income & economy

Median household income
$32,102
−7%inflation adjusted, since 2000
from $22,933 in 2000
US average: $66,278
1990 – 2024
Per capita income
$18,733
+64%since 2000
from $11,420 in 2000
US average: $35,364
Households earning $100K+
17.8%
+4.5 ptssince 2009
from 13.3% in 2009
US average: 43.9%
Poverty rate
26.6%
+1.9 ptssince 2000
from 24.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Information12.8%
US avg: 11.1%
Retail trade12.5%
US avg: 10%
Wholesale trade9.8%
US avg: 6.7%
Other services9.3%
US avg: 6.6%
Public administration5.8%
US avg: 4.7%
Agriculture, forestry, fishing2.3%
US avg: 1.7%
Construction2.3%
US avg: 1.2%
Transportation & warehousing0.5%
US avg: 2.5%
Finance & insurance0.4%
US avg: 5.5%
Professional, scientific, technical0.4%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$125,000
+38%inflation adjusted, since 2000
from $60,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$500
−5%inflation adjusted, since 2000
from $351 in 2000
US average: $1,124
Owner-occupied
48.2%
−0.7 ptssince 2000
from 48.8% in 2000
51.8% rent
Afford Score
3.9
+49%since 2000
from 2.6 in 2000
1990 – 2024
RELATED:See current rent listings in Troy on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic51.3%(1,760)
Black38.7%(1,328)
Hispanic / Latino7.2%(248)
Asian1%(36)
Other0%
Diversity Score70.9%(2,431)
2020
White, non-Hispanic48.2%(1,375)
Black32.9%(939)
Hispanic / Latino14.8%(421)
Asian1.3%(37)
Other8.3%(235)
Diversity Score83.5%(2,378)
Diversity Score
83
+18%since 2000
from 71 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
12.5%
+2.3 ptssince 2000
from 10.3% in 2000
US average: 32.9%
High school or higher
84.7%
+28.1 ptssince 2000
from 56.6% in 2000
US average: 88.5%
Graduate degree
3.9%
+1.8 ptssince 2000
from 2.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.4 min
+45%since 2000
from 15.4 min in 2000
US average: 26.9
Drive alone to work
93.0%
+9.0 ptssince 2009
from 84.0% in 2009
US average: 75.1%
No vehicle available
14.2%
−1.7 ptssince 2009
from 15.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.4%
−9.0 ptssince 2011
from 16.4% in 2011
US average: 5.4%
Labor force participation
36.5%
−3.1 ptssince 2011
from 39.6% in 2011
US average: 63.4%
Management & professional
34.0%
−23.8 ptssince 2009
from 57.8% in 2009
US average: 39.3%
Section 08

People & community

Male
52.4%
+7.4 ptssince 2009
from 45.0% in 2009
Female
47.6%
−7.4 ptssince 2009
from 55.0% in 2009
Foreign born
3.8%
−2.8 ptssince 2009
from 6.5% in 2009
US average: 13.5%
Uninsured
15.4%
−67.7 ptssince 2013
from 83.1% in 2013
US average: 8.8%
Drill deeper

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Frequently asked

How many people live in Troy, North Carolina?

Troy, North Carolina has about 2,850 residents according to the 2020 American Community Survey.

What is the median household income in Troy, North Carolina?

The typical household in Troy, North Carolina earns about $32,102 a year. Half of households make more than that, and half make less.

Is Troy, North Carolina expensive?

In Troy, North Carolina, the median home is worth about $125,000, and the typical rent is about $500 a month.

How educated are people in Troy, North Carolina?

About 12.5% of adults age 25 and over in Troy, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Troy, North Carolina?

About 26.6% of people in Troy, North Carolina live below the federal poverty line.

Has Troy, North Carolina grown since 1990?

Yes, Troy, North Carolina has shrunk since 1990. The population has lost about 554 residents, a change of about -16 percent over that period.

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

How we source and harmonize this data →