Troy, Ohio Demographics & Population 2026
During the 2020–2024 ACS period, Troy, Ohio had a total population of 26,842, the 57th largest city in Ohio, with a median household income of $68,830, which is 4% lower than the state average. The poverty rate is 12.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Troy Quick Facts
How Troy 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 | 26,716 | 26,842 | +0.5% |
| Median household income | $70,450 | $68,830 | -2.3% |
| Median home value | $199,400 | $217,400 | +9.0% |
How Troy 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 less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Troy Rankings in Ohio
Explore Ohio Rankings
Other Cities in Miami County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Piqua | 20,646 | $67,796 | 17.6% | $138,600 |
| Tipp City | 10,439 | $78,098 | 6.2% | $273,500 |
| West Milton | 4,771 | $62,885 | 15.3% | $141,800 |
| Covington | 2,596 | $59,750 | 5.3% | $175,400 |
| Bradford | 1,674 | $64,139 | 14.7% | $136,100 |
| Pleasant Hill | 1,526 | $72,330 | 3.4% | $176,000 |
| Fletcher | 719 | $75,417 | 11.1% | $134,800 |
| Laura | 436 | $78,125 | 5.7% | $123,700 |
| Casstown | 259 | $51,250 | 6.6% | $110,600 |
| Potsdam | 253 | $66,250 | 20.8% | $124,300 |
Cities Similar to Troy
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Wooster | 26,971 | $66,898 | $214,200 | 36.9% | 9.2% |
| Medina | 25,950 | $77,385 | $243,600 | 35.6% | 8.3% |
| Willoughby | 24,046 | $71,309 | $216,900 | 36.6% | 9.5% |
| Xenia | 25,689 | $56,029 | $162,400 | 21.9% | 17.9% |
| Riverside | 24,435 | $61,352 | $147,800 | 22.5% | 15.3% |
Population Overview
Troy is a mid-sized community located in Ohio, within Miami County. The total population is 26,842. It ranks as the 57th most populous out of 1,264 Census-designated places in Ohio.
Age Demographics
The median age in Troy is 37.8 years. This is 5% lower than the state median of 39.7 years.
Economy, Income & Housing
The median household income in Troy is $68,830. This is 4% lower than the state median of $71,389. It is also 15% lower than the national median of $80,734. The poverty rate stands at 12.6%. This is 5% lower than the state poverty rate of 13.3%. The unemployment rate is 4.2%. This is 11% lower than the state rate of 4.8%. The median home value is $217,400. Housing costs are 1% higher than the state median of $214,800. The home-value-to-income ratio is 3.2x. 65.5% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 67.2%.
Race & Ethnicity
The largest racial or ethnic group in Troy is White (non-Hispanic), making up 83.4% of the population. Asian residents account for 4.0%. The Black or African American population (3.3%) is well below the state average of 12.0%. The Asian population is significantly higher than the state average (4.0% vs 2.5%).
Education
33.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%.
Data Sources & Methodology
All demographic data for Troy, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. 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, Ohio?
Troy, Ohio has a population of 26,842 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Troy, OH?
The median household income in Troy is $68,830, which is 15% lower than the national median of $80,734.
What is the poverty rate in Troy, OH?
The poverty rate in Troy is 12.6%. This means approximately 3,371 residents live below the federal poverty line.
What is the racial makeup of Troy, Ohio?
Troy's population is 83.4% White, 3.3% Black, 2.9% Hispanic/Latino, and 4.0% Asian.
What is the median home value in Troy, OH?
The median home value in Troy is $217,400. The home-value-to-income ratio is 3.2x.
How educated is Troy, Ohio?
33.2% of adults (25+) in Troy hold a bachelor's degree or higher, and 13.2% hold a graduate or professional degree.