Troy is a town located in Spencer County, Indiana. Troy has a 2026 population of 377. Troy is currently growing at a rate of 1.34% annually and its population has increased by 8.96% since the most recent census, which recorded a population of 346 in 2020.
The median household income in Troy is $52,639 with a poverty rate of 9.38%. The median age in Troy is 32 years: 38 years for males, and 24.7 years for females. For every 100 females there are 67.0 males.
Data after 2023 is projected based on recent change
Overall: 32 years
Female: 24.7 years
Male: 38 years
There are 378 adults, (93 of whom are seniors) in Troy.
Female: 364 (59.9%)
Male: 244 (40.1%)
The racial composition of Troy includes 93.26% White, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 567 | 93.26% |
| Two or more races | 41 | 6.74% |
Troy 's average per capita income is $36,938. Household income levels show a median of $52,639. The poverty rate stands at 9.38%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $58,547 | - |
| Families | $57,936 | $61,333 |
| Households | $52,639 | $74,364 |
| Non Families | $42,917 | $108,460 |
Average Income
Median Household Income
Poverty Rate