City

Troy, NC

1 ZIP code  ·  Montgomery County  ·  North Carolina

👥7,842Population
💰$62,392Median HH Income▼ 18% below avg
🎂43.9Median Age
🏠$157,300Median Home Value▼ 44% below avg
🎓37.5%College Grads≈ Avg
📊1.5%Unemployment▼ 69% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 54.3% Female 45.7% ♀

Race & Ethnicity

White: 75.9%Hispanic: 6.8%Black: 13.9%Asian: 0.8%Other: 2.4%Race
White75.9%
Hispanic6.8%
Black13.9%
Asian0.8%
Other2.4%

Age Breakdown

Under 5
4%
5–17
11%
18–24
7%
25–44
29%
45–64
31%
65+
7%

Key Indicators

Median Age43.9 yrs
Avg HH Size2.35
Below Poverty11.7% ▲ 17% above avg
College Grads37.5% ≈ Avg
Unemployment1.5% ▼ 69% below avg
HS Graduate1,629 (31.4%)
Some College788 (15.2%)
Associates827 (15.9%)
Bachelors622 (12%)
Graduate Degree1,320 (25.5%)

Education

HS Grad: 31.4%Some College: 15.2%Associates: 15.9%Bachelors: 12%Graduate: 25.5%Edu
HS Grad31.4%
Some College15.2%
Associates15.9%
Bachelors12.0%
Graduate25.5%
Housing & Income

Housing Tenure

Owner: 70.3%Renter: 29.8%Tenure
Owner70.3%
Renter29.8%

Home Value Distribution

Under $50k
10%
$50k–$100k
18%
$100k–$150k
18%
$150k–$200k
20%
$200k–$300k
13%
$300k–$500k
13%
Over $500k
7%

Financials

Median HH Income$62,392 ▼ 18% below avg
Median Home Value$157,300 ▼ 44% below avg
Home/Income Ratio2.5x (nat avg ~3.5x)
Median Rent$584/mo
Total Housing Units3,900
Vacant Units811

Income Distribution

Under $25k
24%
$25k–$50k
19%
$50k–$75k
20%
$75k–$100k
15%
$100k–$150k
13%
$150k–$200k
4%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
86%
Public Transit
0%
Walked
1%
Work From Home
14%

Commute Time

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

Year Built

Before 1940
4%
1940s–1950s
11%
1960s–1970s
12%
1980s–1990s
16%
2000+
57%
About Troy, NC

Troy is a city in North Carolina, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 7,842 residents. It is a middle-aged city, with a median age of 43.9 years.

Economically, Troy is a solidly middle-class community. The median household income of $62,392 is below the national average. Approximately 11.7% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.

The real estate market in Troy is an affordable housing market. Median home values stand at $157,300, which is below the national average. Renters typically pay around $584 per month. Homeownership is high at 70.3%, typical of suburban and family-oriented communities.

The population of Troy is moderately educated. 37.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (75.9%).

Troy, NC offers residents a cost-conscious lifestyle within North Carolina.

ZIP Codes in Troy
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
27371 7,842 $62,392 $157,300 $584 1.5% 37.5% 70.3%