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Troy town, North Carolina Demographics & Population 2026

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Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Troy town, North Carolina has a total population of 2,905, the 262nd largest city in North Carolina, with a median household income of $60,167, which is 14% lower than the state average. The poverty rate is 18.1%.

Key Takeaways

Troy town Quick Facts

Population 2,905
Median Household Income $60,167
Median Home Value $134,500
Poverty Rate 18.1%
Unemployment Rate 1.6%
Median Age 40.8 years
Homeownership Rate 46.5%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 23.5%
High School Graduation Rate 81.0%
Diversity Index 60/100
Population 2,905 262nd of 774
Median Income $60,167 average
Poverty Rate 18.1% 46% higher national
Median Home Value $134,500 bottom 30%

How Troy town Compares

Economy & Housing

Employment

1.6% Unemployment Rate State: 4.8% | National: 5.2%
50.1% Labor Force Participation

Housing Overview

Owner 46.5%
Renter 53.5%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

60out of 100
High Diversity

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

State average: 57 | National average: 60

Education

Troy town Rankings in North Carolina

#262 Population of 774
#337 Median Income of 774
#340 Education of 774
#528 Home Value of 774

Explore North Carolina Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Biscoe town 2,259 $43,773 37.4% $112,800
Star town 1,430 $37,135 28.1% $131,600
Mount Gilead town 1,166 $58,281 17.1% $141,700

Cities Similar to Troy town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Carthage town2,840$62,177$194,10028.0%13.6%
Mountain View CDP3,068$60,938$187,10019.2%15.3%
River Bend town2,896$68,314$233,70033.4%8.9%
Fairfield Harbour CDP2,898$69,661$278,80039.0%5.5%
Edneyville CDP2,698$59,349$283,90019.2%23.6%

Population Overview

Troy town is a small community located in North Carolina, within Montgomery County. The total population is 2,905. It ranks as the 262nd most populous out of 774 cities and towns in North Carolina.

Age Demographics

The median age in Troy town is 40.8 years. This is 4% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Troy town is $60,167. This is 14% lower than the state median of $69,904. Compared to the national median of $78,538, household income here is 23% lower. The poverty rate stands at 18.1%. This is 38% higher than the state poverty rate of 13.2%. The unemployment rate is 1.6%. This is 67% lower than the state rate of 4.8%. The median home value is $134,500. Housing costs are 48% lower than the state median of $259,400. With a home-value-to-income ratio of just 2.2x, Troy town is one of the most affordable housing markets in the area. 46.5% of occupied housing units are owner-occupied. This homeownership rate is 30% lower than the state average of 66.4%.

Race & Ethnicity

The largest racial or ethnic group in Troy town is White (non-Hispanic), making up 51.7% of the population. Black or African American residents account for 33.7%. The Black or African American population is significantly higher than the state average (33.7% vs 20.3%).

Education

23.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 34.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.0%.

Data Sources & Methodology

All demographic data for Troy town, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 774 Census-designated places in North Carolina. For official data, visit data.census.gov.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Troy town, North Carolina?

Troy town, North Carolina has a population of 2,905 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Troy town, NC?

The median household income in Troy town is $60,167, which is 23% lower the national median of $78,538.

What is the poverty rate in Troy town, NC?

The poverty rate in Troy town is 18.1%. This means approximately 424 residents live below the federal poverty line.

What is the racial makeup of Troy town, North Carolina?

Troy town's population is 51.7% White, 33.7% Black, 12.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Troy town, NC?

The median home value in Troy town is $134,500. The home-value-to-income ratio is 2.2x.

How educated is Troy town, North Carolina?

23.5% of adults (25+) in Troy town hold a bachelor's degree or higher, and 9.6% hold a graduate or professional degree.