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Troy, Missouri Demographics & Population 2026

During the 2020–2024 ACS period, Troy, Missouri had a total population of 13,947, the 62nd largest city in Missouri, with a median household income of $79,012, which is 12% higher than the state average. The poverty rate is 13.6%.

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

Key Takeaways

Troy Quick Facts

Population 13,947
Median Household Income $79,012
Median Home Value $226,500
Poverty Rate 13.6%
Unemployment Rate 2.4%
Median Age 35.2 years
Homeownership Rate 69.8%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 14.7%
High School Graduation Rate 91.7%
Diversity Index 21/100
Population 13,947 62nd of 1,062
Median Income $79,012 top 20%
Poverty Rate 13.6% 9% higher than national
Median Home Value $226,500 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
Population13,46713,947+3.6%
Median household income$75,777$79,012+4.3%
Median home value$212,100$226,500+6.8%

How Troy Compares

Economy & Housing

Household Income Distribution

Under $25K 17.2%
$25K-$50K 20.1%
$50K-$100K 23.0%
$100K+ 39.8%
Detailed income brackets
Under $10K
5.6%
$10K-$15K
5.5%
$15K-$20K
0.7%
$20K-$25K
5.3%
$25K-$30K
3.3%
$30K-$35K
7.3%
$35K-$40K
3.1%
$40K-$45K
1.5%
$45K-$50K
4.8%
$50K-$60K
3.9%
$60K-$75K
6.5%
$75K-$100K
12.5%
$100K-$125K
20.3%
$125K-$150K
4.4%
$150K-$200K
10.0%
$200K+
5.1%

Employment

2.4% Unemployment Rate State: 4.0%|National: 5.2%
66.0% Labor Force Participation

Housing Overview

Owner 69.8%
Renter 30.1%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $1,033/mo 15.7% of median household income annually

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 61

Education

Troy Rankings in Missouri

#62 Population of 1,062
#188 Median Income of 955
#529 Education of 1,062
#163 Home Value of 941

Other Cities in Lincoln County

CityPopulationMedian IncomePovertyHome Value
Moscow Mills 3,823 $73,468 10.2% $196,400
Elsberry 1,870 $49,760 24.8% $139,000
Winfield 1,745 $75,766 17.9% $208,100
Hawk Point 736 $51,667 33.8% $145,500
Silex 355 $56,667 27.0% $112,500
Chain of Rocks 255 $150,547 3.1% $342,000
Old Monroe 236 $61,250 5.6% $155,900
Fountain N' Lakes 162 $2,499 72.8% $83,300
Foley 140 $66,250 33.6% $68,300
Whiteside 108 $104,375 4.6% $96,700

Cities Similar to Troy

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Washington15,130$79,173$231,80032.3%7.9%
Festus13,201$73,532$223,60024.4%17.1%
Union12,781$73,435$205,20023.7%8.2%
Jackson15,659$77,105$240,00035.8%8.6%
Webb City13,221$65,469$169,10026.7%20.5%

Population Overview

Troy is a small city located in Missouri, within Lincoln County. The total population is 13,947. It ranks as the 62nd most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in Troy is 35.2 years. This is 10% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Troy is $79,012. This is 12% higher than the state median of $70,702. It is also 2% lower than the national median of $80,734. The poverty rate stands at 13.6%. This is 8% higher than the state poverty rate of 12.6%. The unemployment rate is 2.4%. This is 42% lower than the state rate of 4.0%. The median home value is $226,500. Housing costs are 2% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.9x, Troy is one of the most affordable housing markets in the area. 69.8% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 68.1%.

Race & Ethnicity

Troy has a predominantly White (non-Hispanic) population, comprising 88.4% of all residents. Hispanic or Latino residents account for 4.8%. The Black or African American population (2.6%) is well below the state average of 10.9%. The Asian population (0.5%) is well below the state average of 2.1%.

Education

14.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.7%.

Data Sources & Methodology

All demographic data for Troy, Missouri 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 Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. 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 Missouri city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Troy, Missouri?

Troy, Missouri has a population of 13,947 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Troy, MO?

The median household income in Troy is $79,012, which is 2% lower than the national median of $80,734.

What is the poverty rate in Troy, MO?

The poverty rate in Troy is 13.6%. This means approximately 1,809 residents live below the federal poverty line.

What is the racial makeup of Troy, Missouri?

Troy's population is 88.4% White, 2.6% Black, 4.8% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Troy, MO?

The median home value in Troy is $226,500. The home-value-to-income ratio is 2.9x.

How educated is Troy, Missouri?

14.7% of adults (25+) in Troy hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.