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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

Troy Hills Quick Facts

Population 5,179
Median Household Income $183,707
Median Home Value $650,500
Poverty Rate 6.0%
Unemployment Rate 0.9%
Median Age 46.5 years
Homeownership Rate 92.8%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 63.5%
High School Graduation Rate 94.4%
Diversity Index 56/100
Population 5,179 289th of 700
Median Income $183,707 top 20%
Poverty Rate 6.0% 52% lower than national
Median Home Value $650,500 top 30%

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.

Metric2019–20232020–2024Change
Population5,1835,179-0.1%
Median household income$180,618$183,707+1.7%
Median home value$634,600$650,500+2.5%

How Troy Hills Compares

Economy & Housing

Household Income Distribution

Under $25K 8.0%
$25K-$50K 0.8%
$50K-$100K 13.8%
$100K+ 77.4%
Detailed income brackets
Under $10K
4.8%
$10K-$15K
0.0%
$15K-$20K
1.7%
$20K-$25K
1.5%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.8%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
4.2%
$60K-$75K
1.6%
$75K-$100K
8.0%
$100K-$125K
13.5%
$125K-$150K
7.0%
$150K-$200K
16.4%
$200K+
40.4%

Employment

0.9% Unemployment Rate State: 6.3%|National: 5.2%
66.2% Labor Force Participation

Housing Overview

Owner 92.8%
Renter 7.2%
Affordability Index Affordable
3.5x home value to income ratio
Median gross rent $3,108/mo 20.3% of median household income annually

People & Demographics

Diversity Index

56out of 100
High Diversity

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

State average: 66 | National average: 61

Education

Troy Hills Rankings in New Jersey

#289 Population of 700
#74 Median Income of 662
#137 Education of 699
#140 Home Value of 678

Other Cities in Morris County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
East Freehold5,096$189,219$645,90062.5%4.7%
Harrington Park4,954$180,500$776,90073.1%6.8%
Brielle4,956$172,250$849,10066.8%1.3%
Cedar Knolls4,882$170,400$646,70054.9%2.2%
Mendham4,973$211,944$819,80080.7%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.