Troy Hills, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Troy Hills, New Jersey had a total population of 5,179, the 289th largest community in New Jersey, with a median household income of $183,707, which is 77% higher than the state average. The poverty rate is 6.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 77% above the state average — one of the wealthiest communities in New Jersey.
- Near full employment with an unemployment rate of just 0.9%.
Troy Hills Quick Facts
How Troy Hills 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 | 5,183 | 5,179 | -0.1% |
| Median household income | $180,618 | $183,707 | +1.7% |
| Median home value | $634,600 | $650,500 | +2.5% |
How Troy Hills 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 diverse community with significant representation from multiple racial and ethnic groups.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Troy Hills Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Morris County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Parsippany | 21,345 | $99,405 | 6.7% | $555,400 |
| Morristown | 20,453 | $121,340 | 7.8% | $567,600 |
| Dover | 18,563 | $73,737 | 14.2% | $366,700 |
| Madison | 16,447 | $171,471 | 3.2% | $943,200 |
| Florham Park | 13,564 | $158,696 | 8.7% | $791,400 |
| Lake Hiawatha | 11,018 | $104,663 | 3.4% | $428,600 |
| Pompton Plains | 10,971 | $117,959 | 5.6% | $539,000 |
| Lincoln Park | 10,957 | $123,397 | 2.9% | $443,300 |
| Budd Lake | 10,650 | $114,154 | 4.6% | $456,100 |
| Lake Hopatcong | 10,259 | $117,625 | 4.0% | $424,200 |
Cities Similar to Troy Hills
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| East Freehold | 5,096 | $189,219 | $645,900 | 62.5% | 4.7% |
| Harrington Park | 4,954 | $180,500 | $776,900 | 73.1% | 6.8% |
| Brielle | 4,956 | $172,250 | $849,100 | 66.8% | 1.3% |
| Cedar Knolls | 4,882 | $170,400 | $646,700 | 54.9% | 2.2% |
| Mendham | 4,973 | $211,944 | $819,800 | 80.7% | 3.5% |
Population Overview
Troy Hills is a small city located in New Jersey, within Morris County. The total population is 5,179. It ranks as the 289th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Troy Hills is 46.5 years. This is 16% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Troy Hills is $183,707. This is 77% higher than the state median of $103,556. It is also 128% higher than the national median of $80,734. The poverty rate stands at 6.0%. This is 38% lower than the state poverty rate of 9.7%. The unemployment rate is 0.9%. This is 85% lower than the state rate of 6.3%. The median home value is $650,500. Housing costs are 43% higher than the state median of $454,400. The home-value-to-income ratio is 3.5x. 92.8% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Troy Hills is Asian, making up 50.1% of the population. White (non-Hispanic) residents account for 43.4%. The Black or African American population (0.5%) is well below the state average of 12.2%. The Hispanic or Latino population (3.1%) is well below the state average of 22.5%. The Asian population is significantly higher than the state average (50.1% vs 10.1%).
Education
63.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.4%. Notably, 34.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Troy Hills, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. 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 Hills, New Jersey?
Troy Hills, New Jersey has a population of 5,179 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Troy Hills, NJ?
The median household income in Troy Hills is $183,707, which is 128% higher than the national median of $80,734.
What is the poverty rate in Troy Hills, NJ?
The poverty rate in Troy Hills is 6.0%. This means approximately 296 residents live below the federal poverty line.
What is the racial makeup of Troy Hills, New Jersey?
Troy Hills's population is 43.4% White, 0.5% Black, 3.1% Hispanic/Latino, and 50.1% Asian.
What is the median home value in Troy Hills, NJ?
The median home value in Troy Hills is $650,500. The home-value-to-income ratio is 3.5x.
How educated is Troy Hills, New Jersey?
63.5% of adults (25+) in Troy Hills hold a bachelor's degree or higher, and 34.4% hold a graduate or professional degree.