Troy township

County:: Spencer County
County Seat:: No
Area (mi²):: 43.857
State:: Indiana

Troy township is located in Spencer County, Indiana. Troy township has a 2025 population of 3,864. Troy township is currently growing at a rate of 1.18% annually and its population has increased by 3.68% since the most recent census, which recorded a population of 3,727 in 2020.

The average household income in Troy township is $80,555 with a poverty rate of 12.14%.The median age in Troy township is 44.1 years: 42.5 years for males, and 47.2 years for females.

Demographics

The racial composition of Troy township includes 92.19% White, and smaller percentages for Black or African American, Asian, other race and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	3,446	92.19%
Two or more races	204	5.46%
Black or African American	43	1.15%
Asian	35	0.94%
Other race	10	0.27%

Troy township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Troy township's average per capita income is $45,246. Household income levels show a median of $58,085. The poverty rate stands at 12.14%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$85,905	-
Families	$70,400	$89,295
Households	$58,085	$80,555
Non Families	$45,380	$60,371

$45,246

Average Income

$58,085

Median Household Income

12.14%

Poverty Rate