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Troy, Montana Demographics & Population 2026

During the 2020–2024 ACS period, Troy, Montana had a total population of 871, the 109th largest city in Montana, with a median household income of $32,250, which is 56% lower than the state average. The poverty rate is 39.8%.

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

Key Takeaways

Troy Quick Facts

Population 871
Median Household Income $32,250
Median Home Value $257,600
Poverty Rate 39.8%
Unemployment Rate 2.4%
Median Age 34.3 years
Homeownership Rate 72.7%
Affordability Ratio 8.0x
Bachelor's Degree or Higher 6.0%
High School Graduation Rate 84.7%
Diversity Index 8/100
Population 871 109th of 475
Median Income $32,250 bottom 10%
Poverty Rate 39.8% 219% higher than national
Median Home Value $257,600 average

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
Population906871-3.9%
Median household income$36,641$32,250-12.0%
Median home value$182,100$257,600+41.5%

How Troy Compares

Economy & Housing

Household Income Distribution

Under $25K 43.7%
$25K-$50K 19.8%
$50K-$100K 26.5%
$100K+ 10.0%
Detailed income brackets
Under $10K
15.9%
$10K-$15K
7.2%
$15K-$20K
7.0%
$20K-$25K
13.7%
$25K-$30K
2.5%
$30K-$35K
10.3%
$35K-$40K
5.6%
$40K-$45K
1.4%
$45K-$50K
0.0%
$50K-$60K
3.9%
$60K-$75K
11.7%
$75K-$100K
10.9%
$100K-$125K
7.5%
$125K-$150K
0.0%
$150K-$200K
2.5%
$200K+
0.0%

Employment

2.4% Unemployment Rate State: 3.6%|National: 5.2%
50.5% Labor Force Participation

Housing Overview

Owner 72.7%
Renter 27.3%
Affordability Index Very Expensive
8.0x home value to income ratio
Median gross rent $750/mo 27.9% of median household income annually

People & Demographics

Diversity Index

8out of 100
Very Low Diversity

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

State average: 29 | National average: 61

Education

Troy Rankings in Montana

#109 Population of 475
#325 Median Income of 341
#379 Education of 473
#149 Home Value of 320

Other Cities in Lincoln County

CityPopulationMedian IncomePovertyHome Value
Libby 3,042 $34,143 24.0% $257,400
Eureka 1,840 $38,750 31.3% $172,000
White Haven 978 $41,154 25.2% $205,300
Pioneer Junction 798 $59,107 2.5% $321,600
Trego 692 $108,750 3.9% $328,800
West Kootenai 494 $93,869 0.0% $270,000
Fortine 351 $66,402 18.8% $325,900
Yaak 293 $60,000 19.6% $380,800
Bull Lake 247 N/A 0.0% $592,100
Happys Inn 229 $40,221 18.3% $435,000

Cities Similar to Troy

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Browning943$34,250$151,80014.9%46.4%
Havre North890$44,554$165,4003.7%40.2%
Philipsburg754$29,773$307,60039.9%16.4%
Muddy724N/A$163,8006.2%52.3%
Superior896$45,250$310,00017.8%15.5%

A note before these figures: with a population of 871, 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 Montana, within Lincoln County. The total population is 871. It ranks as the 109th most populous out of 475 Census-designated places in Montana.

Age Demographics

The median age in Troy is 34.3 years. This is 15% lower than the state median of 40.4 years. With 37.9% of the population under 18, Troy has a notably young demographic profile, suggesting a family-oriented community. 11.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Troy is $32,250. This is 56% lower than the state median of $72,509. It is also 60% lower than the national median of $80,734. The poverty rate stands at 39.8%. This is 246% higher than the state poverty rate of 11.5%. 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 2.4%. This is 33% lower than the state rate of 3.6%. The median home value is $257,600. Housing costs are 31% lower than the state median of $375,800. The home-value-to-income ratio of 8.0x suggests that housing affordability is a significant concern for many residents. 72.7% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 69.2%.

Race & Ethnicity

Troy has a predominantly White (non-Hispanic) population, comprising 96.0% of all residents.

Education

6.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 83% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.7%.

Data Sources & Methodology

All demographic data for Troy, Montana 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 Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 475 Census-designated places in Montana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Troy, Montana?

Troy, Montana has a population of 871 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Troy, MT?

The median household income in Troy is $32,250, which is 60% lower than the national median of $80,734.

What is the poverty rate in Troy, MT?

The poverty rate in Troy is 39.8%. This means approximately 346 residents live below the federal poverty line.

What is the racial makeup of Troy, Montana?

Troy's population is 96.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Troy, MT?

The median home value in Troy is $257,600. The home-value-to-income ratio is 8.0x.

How educated is Troy, Montana?

6.0% of adults (25+) in Troy hold a bachelor's degree or higher, and 1.0% hold a graduate or professional degree.