Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.1 yrs |
|---|---|
| Avg HH Size | 2.66 |
| Below Poverty | 1.6% ▼ 84% below avg |
| College Grads | 59.4% ▲ 53% above avg |
| Unemployment | 2.6% ▼ 46% below avg |
| No HS Diploma | 24 (0.2%) |
| HS Graduate | 1,557 (15.5%) |
| Some College | 971 (9.7%) |
| Associates | 1,522 (15.2%) |
| Bachelors | 1,234 (12.3%) |
| Graduate Degree | 4,737 (47.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $108,418 ▲ 42% above avg |
|---|---|
| Median Home Value | $255,700 ▼ 8% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,069/mo |
| Total Housing Units | 6,138 |
| Vacant Units | 402 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Troy is a city in Illinois, located in Madison County. The city spans 1 ZIP code and is home to approximately 15,246 residents. It is a relatively young city, with a median age of 37.1 years.
Economically, Troy is a upper-middle-income community. The median household income of $108,418 is above the national average. Approximately 1.6% of residents live below the poverty line. The unemployment rate is 2.6%, below the national average.
The real estate market in Troy is a mid-range housing market. Median home values stand at $255,700, which is near the national average. Renters typically pay around $1,069 per month. Homeownership is high at 75.5%, typical of suburban and family-oriented communities.
The population of Troy is well-educated. 59.4% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (92.84%).
Troy, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62294 | 15,246 | $108,418 | $255,700 | $1,069 | 2.6% | 59.4% | 75.5% |