Troy, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Troy, Indiana had a total population of 608, the 469th largest town in Indiana, with a median household income of $52,639, which is 27% lower than the state average. The poverty rate is 9.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
Troy Quick Facts
How Troy Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 539 | 608 | +12.8% |
| Median household income | $50,000 | $52,639 | +5.3% |
| Median home value | $95,600 | $96,800 | +1.3% |
How Troy Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Troy Rankings in Indiana
Explore Indiana Rankings
Other Cities in Perry County
Cities Similar to Troy
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Everton | 610 | N/A | $114,300 | 1.3% | 9.3% |
| Rosedale | 609 | $50,655 | $99,000 | 18.4% | 20.0% |
| Pennville | 619 | $50,388 | $84,100 | 6.5% | 19.4% |
| Camden | 585 | $53,000 | $107,700 | 11.2% | 10.1% |
| St. Meinrad | 646 | $52,402 | $315,200 | 32.0% | 15.0% |
A note before these figures: with a population of 608, Troy's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Troy is a small community located in Indiana, within Perry County. The total population is 608. It ranks as the 469th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Troy is 32.0 years. This is 16% lower than the state median of 38.1 years. With 37.8% of the population under 18, Troy has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Troy is $52,639. This is 27% lower than the state median of $71,957. It is also 35% lower than the national median of $80,734. The poverty rate stands at 9.4%. This is 24% lower than the state poverty rate of 12.3%. The unemployment rate is 3.1%. This is 28% lower than the state rate of 4.3%. The median home value is $96,800. Housing costs are 56% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.8x, Troy is one of the most affordable housing markets in the area. 75.1% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 70.5%.
Race & Ethnicity
Troy has a predominantly White (non-Hispanic) population, comprising 93.3% of all residents. Hispanic or Latino residents account for 1.3%. The Hispanic or Latino population (1.3%) is well below the state average of 8.6%.
Education
12.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.2%.
Data Sources & Methodology
All demographic data for Troy, Indiana 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 Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. 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 Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Troy, Indiana?
Troy, Indiana has a population of 608 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Troy, IN?
The median household income in Troy is $52,639, which is 35% lower than the national median of $80,734.
What is the poverty rate in Troy, IN?
The poverty rate in Troy is 9.4%. This means approximately 57 residents live below the federal poverty line.
What is the racial makeup of Troy, Indiana?
Troy's population is 93.3% White, 0.0% Black, 1.3% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Troy, IN?
The median home value in Troy is $96,800. The home-value-to-income ratio is 1.8x.
How educated is Troy, Indiana?
12.4% of adults (25+) in Troy hold a bachelor's degree or higher, and 0.3% hold a graduate or professional degree.