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CITY

Troy

Ohio · 27,344 residents (2025 est.) · 12.288 sq mi
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The short version

Troy has lower-than-average household income, with a median household income of $68,830. Population has grown 22% since 2000. Median home value has more than doubled since 2000, reaching $217,400.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 37.8
US median: 38.9
Average education
33% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
26,842
+22%since 2000
from 21,999 in 2000
1990 – 2025
Population density
2,184 / sq mi
+22%since 2000
from 1,790 / sq mi in 2000
US average: 281
Median age
37.8
+7%since 2000
from 35.2 in 2000
US average: 38.9

PEP 2025 EST:27,344 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
19K21K23K25K28K1990201020202024Troy
202427K
1990201020202024
Section 02

Income & economy

Median household income
$68,830
−4%inflation adjusted, since 2000
from $39,531 in 2000
US average: $82,259
1990 – 2024
Per capita income
$38,427
+93%since 2000
from $19,892 in 2000
US average: $44,673
Households earning $100K+
45.4%
+17.4 ptssince 2009
from 28.0% in 2009
US average: 53.3%
Poverty rate
12.6%
+4.4 ptssince 2000
from 8.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.428
+8%since 2010
from 0.395 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade25.4%
US avg: 9.9%
Information8.8%
US avg: 10.8%
Finance & insurance4.4%
US avg: 5.9%
Professional, scientific, technical4.3%
US avg: 5.1%
Wholesale trade4.3%
US avg: 6.9%
Other services3.5%
US avg: 6.7%
Public administration2.9%
US avg: 4.8%
Transportation & warehousing2.7%
US avg: 2.2%
Arts, entertainment, food1.7%
US avg: 1.9%
Education & health services0.2%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$217,400
+21%inflation adjusted, since 2000
from $98,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,003
+3%inflation adjusted, since 2000
from $537 in 2000
US average: $1,442
Owner-occupied
65.5%
+5.2 ptssince 2000
from 60.3% in 2000
34.5% rent
Vacancy rate
4.2%
Unchangedsince 2009
from 4.1% in 2009
US average: 10.0%
Owner cost-burdened
18.8%
−2.2 ptssince 2009
from 21.0% in 2009
US average: 22.9%
Renter cost-burdened
41.3%
−3.8 ptssince 2009
from 45.1% in 2009
US average: 47.4%
Afford Score
3.2
+27%since 2000
from 2.5 in 2000
1990 – 2024
Gentrification Score
59
RELATED:See current rent listings in Troy on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic91.1%(20,036)
Black4.8%(1,046)
Hispanic / Latino0.8%(170)
Asian1.6%(360)
Other0%
Diversity Score17.2%(3,791)
2024
White, non-Hispanic83.4%(22,390)
Black3.3%(877)
Hispanic / Latino2.9%(786)
Asian4%(1,073)
Other6.4%(1,716)
Diversity Score37.1%(9,952)
Diversity Score
37
+115%since 2000
from 17 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
33.2%
+16.1 ptssince 2000
from 17.1% in 2000
US average: 35.6%
High school or higher
92.9%
+11.5 ptssince 2000
from 81.4% in 2000
US average: 89.6%
Graduate degree
13.2%
+7.5 ptssince 2000
from 5.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.6 min
+88%since 2000
from 11.5 min in 2000
US average: 26.5
Drive alone to work
77.9%
−7.9 ptssince 2009
from 85.8% in 2009
US average: 68.9%
Carpooled to work
6.6%
−2.3 ptssince 2009
from 8.9% in 2009
US average: 8.5%
Public transit
0.0%
−0.2 ptssince 2009
from 0.2% in 2009
US average: 3.2%
Worked from home
11.5%
+9.4 ptssince 2009
from 2.1% in 2009
US average: 15.0%
Walked to work
1.3%
−0.8 ptssince 2009
from 2.1% in 2009
US average: 2.4%
Biked to work
1.6%
+1.3 ptssince 2009
from 0.3% in 2009
US average: 0.4%
No vehicle available
10.6%
Unchangedsince 2009
from 10.5% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.2%
−2.3 ptssince 2011
from 6.5% in 2011
US average: 5.2%
Labor force participation
65.9%
−1.1 ptssince 2011
from 67.0% in 2011
US average: 63.5%
Self-employed
12.0%
+0.9 ptssince 2009
from 11.1% in 2009
US average: 13.1%
Management & professional
40.7%
−22.1 ptssince 2009
from 62.9% in 2009
US average: 42.5%
Section 08

People & community

Male
49.8%
+0.1 ptssince 2009
from 49.7% in 2009
Female
50.2%
−0.1 ptssince 2009
from 50.3% in 2009
Foreign born
5.6%
+2.7 ptssince 2009
from 2.9% in 2009
US average: 14.1%
Veterans
6.4%
−42.3 ptssince 2009
from 48.7% in 2009
US average: 6.2%
With a disability
13.9%
+0.3 ptssince 2012
from 13.6% in 2012
US average: 13.3%
Uninsured
5.7%
−83.1 ptssince 2013
from 88.8% in 2013
US average: 8.4%
Broadband at home
91.1%
+9.6 ptssince 2017
from 81.5% in 2017
US average: 91.0%
English only at home
94.7%
−1.5 ptssince 2016
from 96.2% in 2016
US average: 77.7%
Spanish at home
1.0%
+0.8 ptssince 2016
from 0.2% in 2016
US average: 13.6%
Drill deeper

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Compare Troy to nearby cities

TROY VS
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Income$78,098+13%
Home value$273,500+26%
Population10,644−61%
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TROY VS
Piqua
Income$67,796−2%
Home value$138,600−36%
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TROY VS
Vandalia
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Home value$197,000−9%
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TROY VS
Englewood
Income$80,030+16%
Home value$182,800−16%
Population13,343−51%
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Frequently asked

How many people live in Troy, Ohio?

Troy, Ohio has about 26,842 residents according to the 2024 American Community Survey.

What is the median household income in Troy, Ohio?

The typical household in Troy, Ohio earns about $68,830 a year. Half of households make more than that, and half make less.

Is Troy, Ohio expensive?

In Troy, Ohio, the median home is worth about $217,400, and the typical rent is about $1,003 a month.

How educated are people in Troy, Ohio?

About 33.2% of adults age 25 and over in Troy, Ohio hold a bachelor's degree or higher.

What is the poverty rate in Troy, Ohio?

About 12.6% of people in Troy, Ohio live below the federal poverty line.

Has Troy, Ohio grown since 1990?

Yes, Troy, Ohio has grown since 1990. The population has added about 7,364 residents, a change of about 38 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 →