The Town of Troy had a population of 3,091 as of July 1, 2020.
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 elevation is 656 feet.
The Town of Troy (GNIS ID: 2406760) 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.
|Total Population||3,091 (100%)|
|Population in Households||2,546 (82.4%)|
|Population in Families||2,091 (67.6%)|
|Population in Group Quarters1||545 (17.6%)|
|Median Household Income||$37,631|
|Average Household Income||$55,932|
|% of Income for Mortgage4||12%|
|Per Capita Income||$19,691|
|Total HU (Housing Units)||1,270 (100%)|
|Owner Occupied HU||615 (48.4%)|
|Renter Occupied HU||472 (37.2%)|
|Vacant Housing Units||184 (14.5%)|
|Median Home Value||$108,083|
|Average Home Value||$147,259|
|Housing Affordability Index3||209|
|Average Household Size||2.34|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.15%|
|Per Capita Income||1.92%|
|Owner Occupied HU||-0.43%|
The table below compares Troy to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2020 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.
|Total Population||# 250||66th|
|Population Density||# 291||61st|
|Median Household Income||# 573||23rd|
|Housing Affordability Index||# 426||58th|
|Per Capita Income||# 599||19th|
|Diversity Index||# 244||67th|
Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.