Also See Troy, NC: ZIP Codes & Maps
The Town of Troy had a population of 2,874 as of July 1, 2023.
The primary coordinate point for Troy is located at latitude 35.3585 and longitude -79.8945 in Montgomery County. The formal boundaries for the Town of Troy encompass a land area of 3.59 sq. miles and a water area of 0.04 sq. miles. Montgomery County is in the Eastern time zone (GMT -5).
The Town of Troy has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Town of Troy is located within Township of Troy, a minor civil division (MCD) of Montgomery County.
POPULATION | |
---|---|
Total Population | 2,874 (100%) |
Population in Households | 2,476 (86.2%) |
Population in Families | 1,982 (69.0%) |
Population in Group Quarters1 | 398 (13.8%) |
Population Density | 785 |
Diversity Index2 | 63 |
INCOME | |
Median Household Income | $51,498 |
Average Household Income | $67,425 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $24,734 |
Wealth Index5 | 52 |
Socioeconomic Status Index6 | Moderate (48.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,195 (100%) |
Owner Occupied HU | 665 (55.6%) |
Renter Occupied HU | 389 (32.6%) |
Vacant Housing Units | 141 (11.8%) |
Median Home Value | $146,975 |
Average Home Value | $193,985 |
Housing Affordability Index3 | 147 |
HOUSEHOLDS | |
Total Households | 1,054 |
Average Household Size | 2.35 |
Family Households | 650 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.26% | -0.31% |
Households | -0.20% | -0.25% |
Families | -0.43% | |
Median Household Income | 1.60% | |
Per Capita Income | 3.16% | |
Owner Occupied HU | -0.33% |
The table below compares Troy to the other 776 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 264 | 66th |
Population Density | # 312 | 60th |
Median Household Income | # 417 | 46th |
Housing Affordability Index | # 634 | 82nd |
Per Capita Income | # 592 | 24th |
Diversity Index | # 233 | 70th |
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.
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