Troy, VA Demographics

Population - Employment - Households - Income / Financial - Housing - Education - Marital Status - Means of Transport to Work - Median Income by Zipcode

What is the population of Troy?

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There are 4,740 residents in Troy, with a median age of 44.2. Of this, 38.92% are males and 61.08% are females. US-born citizens make up 92.64% of the resident pool in Troy, while non-US-born citizens account for 7.03%. Additionally, 0.34% of the population is represented by non-citizens.
A total of 4,279 people in Troy currently live in the same house as they did last year.
Y-o-Y Change
Total Population 4,740 0.5%
Male Population 1,845 -0.1%
Female Population 2,895 0.8%
Male population 38.92%
Female population 61.08%
Y-o-Y Change
Median Age 44.2 1.1%
Citizen US Born 4,391 -1.7%
Citizen not US Born 333 33.2%
Not Citizen 16 1,500.0%
Citizen US Born 92.64%
Citizen not US Born 7.03%
Not Citizen 0.34%
Y-o-Y Change
Moved from Same County 51 -21.5%
Moved from Same State 374 -7.9%
Moved from Different State 28 -41.7%
Same House as Last Year 4,279 2.1%
Moved from Same County 1.08%
Moved from Same State 7.9%
Moved from Different State 0.59%
Same House as Last Year 90.43%

What are the employment statistics in Troy?

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White-collar workers make up 83.94% of the working population in Troy, while blue-collar employees account for 16.06%. There are also 291 entrepreneurs in Troy (13.95% of the workforce); 1,186 workers employed in private companies (56.86%); and 410 people working in governmental institutions (19.65%).
Y-o-Y Change
White Collar 1,751 5.7%
Blue Collar 335 -1.5%
White Collar 83.94%
Blue Collar 16.06%
Y-o-Y Change
Self Employees 291 20.8%
Private Companies 1,186 0.0%
Governmental Workers 410 20.6%
Not for Profit Companies 199 -13.5%
Self Employees 13.95%
Private Companies 56.86%
Governmental Workers 19.65%
Not for Profit Companies 9.54%

How many households are there in Troy?

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There are a total of 1,339 households in Troy, each made up of around 3 members. Family establishments represent 84.09% of these Troy households, while non-family units account for the remaining 15.91%. Additionally, 33.76% of households have children and 66.24% of households are without children.
Y-o-Y Change
Total Households 1,339 4.5%
Average People Per Household 3 -3.3%
Family Households 1,126 7.2%
Non-family Households 213 -8.2%
Family Households 84.09%
Non-family Households 15.91%
Y-o-Y Change
Households with Children 452 9.7%
Households without Children 887 1.9%
Households with Children 33.76%
Households without Children 66.24%

What are the median and average incomes in Troy?

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The average annual household income in Troy is $138,891, while the median household income sits at $104,570 per year.
Y-o-Y Change
Average Household Income $138,891 16.5%
Median Household Income $104,570 19.6%
People below Poverty Level 129 10.3%
People above Poverty Level 3,429 0.8%

How many homeowners and renters are there in Troy?

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There are 1,415 housing units in Troy, and the median year in which these properties were built is 1994. Of the 1,339 occupied housing units in Troy, 90.66% are owner-occupied, while 9.34% have renters living in them.
Meanwhile, properties bought with mortgages account for 66.31% of the units, and the median value of a home with a mortgage is $289,700. In general, housing costs reach $1,407 per month in Troy.
Y-o-Y Change
Housing Units 1,415 -0.6%
Median Year Built 1994 -0.1%
Built in 1939 or Earlier 30 -6.2%
Built between 1940 and 1949 7 0.0%
Built between 1950 and 1959 50 19.1%
Built between 1960 and 1969 86 -25.9%
Built between 1970 and 1979 170 11.8%
Built between 1980 and 1989 224 24.4%
Built between 1990 and 1999 400 10.2%
Built between 2000 and 2009 273 -31.9%
Built between 2010 and 2019 175 34.6%
Y-o-Y Change
Occupied Housing Units 1,339 4.5%
Owner Occupied 1,214 10.5%
Renter Occupied 125 -31.7%
Owner Occupied 90.66%
Renter Occupied 9.34%
Y-o-Y Change
With Mortgage 805 8.3%
Without Mortgage 409 14.9%
Median Value with Mortgage $289,700 17.0%
Median Value without Mortgage $339,400 22.1%
Median Housing Costs per Month $1,407 16.4%
With Mortgage 66.31%
Without Mortgage 33.69%

What is the level of education in Troy?

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Approximately 35.82% of the population in Troy holds a high school degree (that's 1,486 residents), while 25.24% have attained a college certificate (1,388 locals) and 18.3% have a bachelor's degree (759 people).
Y-o-Y Change
No High School 170 -7.6%
Some High School 1,486 -4.9%
Some College 1,388 9.3%
Associate Degree 390 15.7%
Bachelor's Degree 759 16.9%
Graduate Degree 296 -2.3%
No High School 4.1%
Some High School 35.82%
Some College 25.24%
Associate Degree 9.4%
Bachelor's Degree 18.3%
Graduate Degree 7.14%

What is the marital status of Troy residents?

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A total of 922 people in Troy have never been married (which represents 21.55% of the total population), while 2,361 of them are wedded (55.19%). Separated and divorced residents are in smaller numbers, at 192 (4.49%) and 716 (16.74%), respectively.
Y-o-Y Change
Never Married 922 -20.8%
Married 2,361 1.5%
Separated 192 11.6%
Widowed 279 50.8%
Divorced 716 34.6%
Never Married 21.55%
Married 55.19%
Separated 4.49%
Widowed 6.52%
Divorced 16.74%

What are the most common means of transportation in Troy?

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Y-o-Y Change
Car 1,798 5.5%

What is the median and average household income in Troy by zipcode?

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ZipCode Population Number of Households Median Income Average Income
22974 4,740 1,339 $104,570.00 $138,891.00

Methodology & Disclaimers


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2022 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

Zip codes included in this demographic data: 22974