Troy, OH
Population 26,716 · Ohio
About Troy, OH
Troy is a mid-sized city in Ohio with a population of 26,716 residents. The median household income is $70,450 per year, which is above the national average. The median age in Troy is 37.6 years.
Housing in Troy has a median home value of $199,400 and median monthly rent of $934. Of the 11,527 total housing units, the majority are owner-occupied, with 7,158 owner-occupied and 3,801 renter-occupied units.
The unemployment rate in Troy is 5.0% and the poverty rate is 11.3%. 31.7% of residents hold a bachelor's degree or higher. The average commute time is 20.5 minutes.
Cost of Living in Troy, OH
Compared to national averages, Troy has a median household income of $70,450 (6% below the national median of $75,149). Home values average $199,400, which is 19% below the national median. Monthly rent at $934 is 20% below the US average of $1,163. Within Ohio, Troy's income is 2% below the state average of $71,814, and home values are 14% above the state median of $174,449.
Why Live in Troy, OH?
Troy offers affordable housing with a median home value of $199,400, below the US average of $244,900, and rent that’s lower than the national average at $934/month, and a low poverty rate of 11.3%, better than the national average. Additionally, the city features short commute times averaging just 20.5 minutes.
Potential considerations include median household income ($70,450) that falls below the national average. However, Troy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Troy has a population of 26,716 with a median age of 37.6 years. Compare Troy with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Troy
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marysville | 26,540 | $92,490 | $271,000 | Compare |
| Wooster | 27,012 | $65,888 | $198,400 | Compare |
| Kent | 27,190 | $42,524 | $210,700 | Compare |
| Green | 27,381 | $92,653 | $269,400 | Compare |
| Medina | 26,040 | $76,099 | $231,700 | Compare |
| Xenia | 25,555 | $54,616 | $147,300 | Compare |
| Avon Lake | 25,456 | $110,174 | $337,200 | Compare |
| Avon | 25,082 | $126,618 | $377,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Troy With Other Cities
Frequently Asked Questions about Troy
What is the population of Troy, OH?
The population of Troy, OH is 26,716 according to the latest Census data.
What is the median household income in Troy?
The median household income in Troy, OH is $70,450 per year.
What is the median home value in Troy?
The median home value in Troy, OH is $199,400.
What is the average rent in Troy?
The median monthly rent in Troy, OH is $934.
What is the unemployment rate in Troy?
The unemployment rate in Troy, OH is 5.0%.