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Troy, Texas Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Troy, Texas had a total population of 2,844, the 604th largest city in Texas, with a median household income of $86,311, which is 10% higher than the state average. The poverty rate is 4.0%.

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

Key Takeaways

Troy Quick Facts

Population 2,844
Median Household Income $86,311
Median Home Value $201,500
Poverty Rate 4.0%
Unemployment Rate 5.6%
Median Age 33.8 years
Homeownership Rate 65.4%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 22.1%
High School Graduation Rate 92.5%
Diversity Index 50/100
Population 2,844 604th of 1,795
Median Income $86,311 top 30%
Poverty Rate 4.0% 68% lower than national
Median Home Value $201,500 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
Population2,6282,844+8.2%
Median household income$81,193$86,311+6.3%
Median home value$188,200$201,500+7.1%

How Troy Compares

Economy & Housing

Household Income Distribution

Under $25K 7.9%
$25K-$50K 15.5%
$50K-$100K 39.3%
$100K+ 37.3%
Detailed income brackets
Under $10K
1.6%
$10K-$15K
3.9%
$15K-$20K
1.2%
$20K-$25K
1.1%
$25K-$30K
5.5%
$30K-$35K
1.6%
$35K-$40K
7.3%
$40K-$45K
0.3%
$45K-$50K
0.8%
$50K-$60K
4.7%
$60K-$75K
12.1%
$75K-$100K
22.4%
$100K-$125K
13.5%
$125K-$150K
10.4%
$150K-$200K
4.0%
$200K+
9.5%

Employment

5.6% Unemployment Rate State: 5.3%|National: 5.2%
64.2% Labor Force Participation

Housing Overview

Owner 65.4%
Renter 34.6%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $1,324/mo 18.4% of median household income annually

People & Demographics

Diversity Index

50out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 61

Education

Troy Rankings in Texas

#604 Population of 1,795
#405 Median Income of 1,546
#646 Education of 1,795
#645 Home Value of 1,542

Other Cities in Bell County

CityPopulationMedian IncomePovertyHome Value
Killeen 158,159 $60,977 17.4% $215,400
Temple 89,602 $68,204 16.0% $239,000
Copperas Cove 37,947 $71,225 11.4% $180,500
Harker Heights 34,128 $81,190 10.2% $287,800
Fort Hood 26,814 $62,835 13.3% N/A
Belton 24,356 $59,130 16.7% $258,700
Nolanville 6,690 $72,480 13.8% $244,900
Morgan's Point Resort 4,750 $79,450 6.3% $245,100
Little River-Academy 2,233 $75,563 9.0% $183,300
Salado 2,225 $107,679 4.3% $445,900

Cities Similar to Troy

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Rancho Viejo2,849$90,714$264,50060.0%6.4%
Wimberley2,891$80,362$550,80053.1%6.9%
Brazoria2,880$79,635$162,40014.8%11.8%
Shallowater2,955$89,107$210,00024.3%3.7%
Combine2,785$94,756$323,80020.3%6.3%

Population Overview

Troy is a small community located in Texas, within Bell County. The total population is 2,844. It ranks as the 604th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Troy is 33.8 years. This is 5% lower than the state median of 35.6 years. With 30.2% of the population under 18, Troy has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Troy is $86,311. This is 10% higher than the state median of $78,476. It is also 7% higher than the national median of $80,734. The poverty rate stands at 4.0%. This is 71% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.6%. This is 6% higher than the state rate of 5.3%. The median home value is $201,500. Housing costs are 29% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.3x, Troy is one of the most affordable housing markets in the area. 65.4% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Troy is White (non-Hispanic), making up 64.6% of the population. Hispanic or Latino residents account for 28.5%. The White (non-Hispanic) population is significantly higher than the state average (64.6% vs 39.1%). The Black or African American population (2.4%) is well below the state average of 11.9%.

Education

22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.5%.

Data Sources & Methodology

All demographic data for Troy, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. 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, Texas?

Troy, Texas has a population of 2,844 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Troy, TX?

The median household income in Troy is $86,311, which is 7% higher than the national median of $80,734.

What is the poverty rate in Troy, TX?

The poverty rate in Troy is 4.0%. This means approximately 113 residents live below the federal poverty line.

What is the racial makeup of Troy, Texas?

Troy's population is 64.6% White, 2.4% Black, 28.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Troy, TX?

The median home value in Troy is $201,500. The home-value-to-income ratio is 2.3x.

How educated is Troy, Texas?

22.1% of adults (25+) in Troy hold a bachelor's degree or higher, and 4.1% hold a graduate or professional degree.