US > North Carolina > Montgomery County > Troy, NC

Troy, NC Profile: Facts & Data

Advertisement

Troy Local Links & Resources:
Resources | ALL Troy Content
Planning to visit Troy? See Local Hotels

Also See Troy, NC: ZIP Codes & Maps

Troy, North Carolina - Basic Facts

The Town of Troy had a population of 2,926 as of July 1, 2024.

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.


Jump to... (On This Page!)
  1. Troy 2024 Demographic Data
  2. Growth Rates for Troy (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2024 Demographics
Advertisement

Troy, NC Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 2,926 (100%)
Population in Households 2,476 (84.6%)
Population in Families 2,018 (69.0%)
Population in Group Quarters1 450 (15.4%)
Population Density 800
Diversity Index2 62
 
 

INCOME

Median Household Income $57,314
Average Household Income $74,599
% of Income for Mortgage4 22%
Per Capita Income $26,651
Wealth Index5 57
Socioeconomic Status Index6 Moderate (46.5)
 

HOUSING

Total HU (Housing Units) 1,201 (100%)
Owner Occupied HU 680 (56.6%)
Renter Occupied HU 365 (30.4%)
Vacant Housing Units 156 (13.0%)
Median Home Value $199,576
Average Home Value $254,890
Housing Affordability Index3 116
 

HOUSEHOLDS

Total Households 1,045
Average Household Size 2.37
Family Households 669
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 0.62% -0.19%
Households -0.36% -0.13%
Families   -0.21%
Median Household Income   1.76%
Per Capita Income   2.96%
Owner Occupied HU   -0.57%

Troy, NC - Peer Comparisons by Rank and Percentile

The table below compares Troy to the other 777 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2024 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 # 265 66th
Population Density # 306 61st
Median Household Income # 399 49th
Housing Affordability Index # 510 66th
Per Capita Income # 584 25th
Diversity Index # 248 68th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

Troy, NC - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a North Carolina Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2024, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

North Carolina Census Data Comparison Tool

Compare North Carolina July 1, 2024 Data
Data:
Locations:
Highest or Lowest:
Results:
View ALL Troy Content


Montgomery County


Advertisement


Advertisement
Advertisement

Home | About HTL | Advertise Here | References | Legal | Privacy | Contact
Copyright © 2024 HTL, Inc. All Rights Reserved.
Website Design by Blue Tangerine