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Troy, Alabama Demographics & Population 2026

During the 2020–2024 ACS period, Troy, Alabama had a total population of 17,716, the 35th largest city in Alabama, with a median household income of $50,717, which is 21% lower than the state average. The poverty rate is 25.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Troy Quick Facts

Population 17,716
Median Household Income $50,717
Median Home Value $231,400
Poverty Rate 25.0%
Unemployment Rate 2.7%
Median Age 25.3 years
Homeownership Rate 47.3%
Affordability Ratio 4.6x
Bachelor's Degree or Higher 39.7%
High School Graduation Rate 92.5%
Diversity Index 58/100
Population 17,716 35th of 592
Median Income $50,717 average
Poverty Rate 25.0% 101% higher than national
Median Home Value $231,400 top 20%

How Troy Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population17,73317,716-0.1%
Median household income$47,595$50,717+6.6%
Median home value$214,100$231,400+8.1%

How Troy Compares

Economy & Housing

Household Income Distribution

Under $25K 28.7%
$25K-$50K 21.0%
$50K-$100K 27.4%
$100K+ 22.9%
Detailed income brackets
Under $10K
11.2%
$10K-$15K
6.1%
$15K-$20K
7.5%
$20K-$25K
3.9%
$25K-$30K
3.4%
$30K-$35K
4.6%
$35K-$40K
6.4%
$40K-$45K
5.4%
$45K-$50K
1.1%
$50K-$60K
5.9%
$60K-$75K
9.4%
$75K-$100K
12.2%
$100K-$125K
4.9%
$125K-$150K
7.3%
$150K-$200K
5.9%
$200K+
4.8%

Employment

2.7% Unemployment Rate State: 4.7%|National: 5.2%
56.2% Labor Force Participation

Housing Overview

Owner 47.3%
Renter 52.7%
Affordability Index Moderate
4.6x home value to income ratio
Median gross rent $922/mo 21.8% of median household income annually

People & Demographics

Diversity Index

58out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 53 | National average: 61

Education

Troy Rankings in Alabama

#35 Population of 592
#306 Median Income of 537
#51 Education of 592
#89 Home Value of 529

Other Cities in Pike County

CityPopulationMedian IncomePovertyHome Value
Brundidge 2,392 $38,188 40.7% $94,000
Goshen 355 $56,750 13.0% $118,200
Banks 320 $50,000 8.8% N/A

Cities Similar to Troy

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Tillmans Corner17,677$60,837$166,70014.3%17.9%
Scottsboro15,712$53,929$190,40022.6%18.6%
Center Point15,914$56,417$151,70017.0%14.3%
Saraland16,404$61,509$217,60025.0%10.1%
Cullman19,319$61,224$238,90032.4%19.9%

Population Overview

Troy is a small city located in Alabama, within Pike County. The total population is 17,716. It ranks as the 35th most populous out of 592 Census-designated places in Alabama.

Age Demographics

The median age in Troy is 25.3 years. This is 36% lower than the state median of 39.3 years.

Economy, Income & Housing

The median household income in Troy is $50,717. This is 21% lower than the state median of $63,999. It is also 37% lower than the national median of $80,734. The poverty rate stands at 25.0%. This is 60% higher than the state poverty rate of 15.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.7%. This is 43% lower than the state rate of 4.7%. The median home value is $231,400. Housing costs are 10% higher than the state median of $209,900. The home-value-to-income ratio is 4.6x. 47.3% of occupied housing units are owner-occupied. This homeownership rate is 33% lower than the state average of 70.2%.

Race & Ethnicity

The largest racial or ethnic group in Troy is White (non-Hispanic), making up 49.1% of the population. Black or African American residents account for 41.5%. The Black or African American population is significantly higher than the state average (41.5% vs 25.6%). The Hispanic or Latino population (2.4%) is well below the state average of 5.6%. The Asian population is significantly higher than the state average (3.1% vs 1.4%).

Education

39.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Troy in the top 10% of all cities in the state for educational attainment. This is 40% higher than the state rate of 28.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.5%. Notably, 15.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Troy, Alabama is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Alabama state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 592 Census-designated places in Alabama. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Alabama city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Troy, Alabama?

Troy, Alabama has a population of 17,716 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Troy, AL?

The median household income in Troy is $50,717, which is 37% lower than the national median of $80,734.

What is the poverty rate in Troy, AL?

The poverty rate in Troy is 25.0%. This means approximately 3,770 residents live below the federal poverty line.

What is the racial makeup of Troy, Alabama?

Troy's population is 49.1% White, 41.5% Black, 2.4% Hispanic/Latino, and 3.1% Asian.

What is the median home value in Troy, AL?

The median home value in Troy is $231,400. The home-value-to-income ratio is 4.6x.

How educated is Troy, Alabama?

39.7% of adults (25+) in Troy hold a bachelor's degree or higher, and 15.4% hold a graduate or professional degree.