Also See: Troy, NC ZIP Codes & ZIP Code Maps | Local Area Photos
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.
The Town of Troy is located within Township of Troy, a minor civil division (MCD) of Montgomery County.
POPULATION | |
|---|---|
| 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%) |
| Population Density | 852 |
| Diversity Index2 | 57 |
INCOME | |
| Median Household Income | $37,631 |
| Average Household Income | $55,932 |
| % of Income for Mortgage4 | 12% |
| Per Capita Income | $19,691 |
| Wealth Index5 | 51 |
HOUSING | |
|---|---|
| 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 |
HOUSEHOLDS | |
| Total Households | 1,086 |
| Average Household Size | 2.34 |
| Family Households | 710 |
| Average Family Size | 3 |
GROWTH RATE / YEAR | 2010-2020 | 2020-2025 |
|---|---|---|
| Population | -0.3% | -0.23% |
| Households | -0.26% | -0.26% |
| Families | 0.08% | -0.34% |
| 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.
| Variable Description | Rank | Percentile |
|---|---|---|
| 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.
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