City

Troy, ME

1 ZIP code  ·  Waldo County  ·  Maine

👥917Population
💰$47,321Median HH Income▼ 38% below avg
🎂51.3Median Age
🏠$194,100Median Home Value▼ 30% below avg
🎓37.9%College Grads≈ Avg
📊5.1%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 41.7% Female 58.3% ♀

Race & Ethnicity

White: 94.1%Hispanic: 2.4%Other: 3.5%Race
White94.1%
Hispanic2.4%
Other3.5%

Age Breakdown

Under 5
2%
5–17
17%
18–24
2%
25–44
27%
45–64
26%
65+
10%

Key Indicators

Median Age51.3 yrs
Avg HH Size2.23
Below Poverty22.1% ▲ 121% above avg
College Grads37.9% ≈ Avg
Unemployment5.1% ≈ Avg
No HS Diploma7 (1%)
HS Graduate221 (32.2%)
Some College94 (13.7%)
Associates105 (15.3%)
Bachelors58 (8.4%)
Graduate Degree202 (29.4%)

Education

No HS: 1%HS Grad: 32.2%Some College: 13.7%Associates: 15.3%Bachelors: 8.4%Graduate: 29.4%Edu
No HS1.0%
HS Grad32.2%
Some College13.7%
Associates15.3%
Bachelors8.4%
Graduate29.4%
Housing & Income

Housing Tenure

Owner: 91.7%Renter: 8.3%Tenure
Owner91.7%
Renter8.3%

Home Value Distribution

Under $50k
5%
$50k–$100k
7%
$100k–$150k
24%
$150k–$200k
18%
$200k–$300k
24%
$300k–$500k
19%
Over $500k
4%

Financials

Median HH Income$47,321 ▼ 38% below avg
Median Home Value$194,100 ▼ 30% below avg
Home/Income Ratio4.1x (nat avg ~3.5x)
Median Rent$1,322/mo
Total Housing Units512
Vacant Units101

Income Distribution

Under $25k
32%
$25k–$50k
22%
$50k–$75k
15%
$75k–$100k
13%
$100k–$150k
11%
$150k–$200k
5%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
72%
Walked
3%
Work From Home
25%

Commute Time

Under 15 min
13%
15–30 min
24%
30–45 min
27%
Over 45 min
36%
Housing Stock

Year Built

1940s–1950s
1%
1960s–1970s
15%
1980s–1990s
26%
2000+
58%
About Troy, ME

Troy is a city in Maine, located in Waldo County. The city spans 1 ZIP code and is home to approximately 917 residents. It is a mature city, with a median age of 51.3 years.

Economically, Troy is a working-class community. The median household income of $47,321 is below the national average. Approximately 22.1% of residents live below the poverty line. The unemployment rate is 5.1%, near the national average.

The real estate market in Troy is an affordable housing market. Median home values stand at $194,100, which is below the national average. Renters typically pay around $1,322 per month. Homeownership is high at 91.7%, typical of suburban and family-oriented communities.

The population of Troy is moderately educated. 37.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.11%).

Troy, ME offers residents a cost-conscious lifestyle within Maine.

ZIP Codes in Troy
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
04987 917 $47,321 $194,100 $1,322 5.1% 37.9% 91.7%