Troy

County:: Montgomery County
County Seat:: No
Area (mi²):: 3.66
State:: North Carolina

Troy is a town located in Montgomery County, North Carolina. Troy has a 2025 population of 3,016. Troy is currently growing at a rate of 1.07% annually and its population has increased by 5.64% since the most recent census, which recorded a population of 2,855 in 2020.

The average household income in Troy is $76,260 with a poverty rate of 18.14%. The median age in Troy is 40.8 years: 39.7 years for males, and 42.2 years for females.

Demographics

The racial composition of Troy includes 53.98% White, 33.67% Black or African American, 4.3% other race, and smaller percentages for Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Black or African American

Two or more races

Other race

Native American

Asian

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	1,568	53.98%
Black or African American	978	33.67%
Two or more races	229	7.88%
Other race	125	4.3%
Native American	5	0.17%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

Troy Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Troy's average per capita income is $33,094. Household income levels show a median of $60,167. The poverty rate stands at 18.14%.

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	$69,512	-
Households	$60,167	$76,260
Families	$49,063	$74,168
Non Families	$29,200	$51,417

$33,094

Average Income

$60,167

Median Household Income

18.14%

Poverty Rate