Troy, TN Demographics

Overview of Troy Demographics

The demographics of Troy offer invaluable insights into the composition, dynamics and needs of both urban and rural areas, empowering planners, developers and policymakers to foster prosperity, equity, and well-being for all residents. With a population of 1,828, Troy exhibits a population density of 1,354 people per square mile, contrasting with the national average of 91. The median age stands at 38.3, with 57% of individuals aged 15 or older being married and 47% having children under 18. In terms of income equality in Troy, 16% of households report a median income below $25,000, while 5% report an income exceeding $150,000, showcasing a diverse economic landscape.

Troy Racial Demographics & Ethnicity

The Troy racial demographics and ethnicity breakdown could be indispensable tools for recognizing and rectifying systemic inequities, fostering social justice and inclusion and cultivating resilient communities. In Troy, the racial breakdown reveals 98.1% White, 0.2% Black or African American, 0.8% Asian, 0% American Indian and 0% Native Hawaiian, with 1.9% of the population identifying as Hispanic or Latino. Of all households, 98.9% reported speaking English only, while 1.1% reported speaking Spanish only. Moreover, 1.4% of residents were classified as foreign-born.

Troy Population Density

Troy could serve as a prime example of how areas with higher-than-average population density can champion environmental sustainability by reducing per capita energy consumption, greenhouse gas emissions and land use. Embracing compact urban development, these densely populated areas promote energy-efficient buildings and encourages walking, cycling and public transit use, fostering sustainable lifestyles and minimizing environmental impact. Moreover, densely populated regions are renowned for their vibrant social and cultural scenes, driven by a diverse population that organizes an array of cultural events, festivals and community activities. This cultural diversity ignites creativity, innovation and cross-cultural exchange, enriching the social fabric of the community. The Troy population density is 1,354, surpassing the national average of 91 per square miles, positioning itself to capitalize on the advantages of dense urban living.

Why are Demographics Important?

Understanding Populations: Reporting and analyzing the demographic data in Troy can allow us to gain insights into the characteristics and composition of populations, including age, gender, race, ethnicity, income, education and other socio-economic factors. This understanding is essential for addressing the diverse needs, preferences and challenges of different demographic groups within communities. Demographics can play a crucial role in understanding populations, informing decision-making processes and promoting equity, inclusion, and well-being for all individuals and communities. Troy population data serves as a foundation for addressing social, economic, and environmental challenges and promoting the well-being and resilience of societies.

Policy Planning: Demographic data and statistics can inform policy and decision-making processes at various levels of government, as well as in organizations and businesses. By reporting and analyzing Troy demographics data, policymakers, government officials and organizational leaders can identify areas of need, allocate resources effectively and develop targeted policies and programs that address the specific needs and priorities of different demographic groups. Troy demographics can play a crucial role in policy planning by informing resource allocation, evidence-based decision making, identifying priorities, forecasting future trends, monitoring policy impact and promoting equity and inclusion. By leveraging this data effectively, policymakers can develop policies that are targeted, effective and responsive to the needs of diverse communities.

Urban Development: Urban planners can leverage demographics data in Troy to design and develop areas that cater to residents' needs, spanning housing, transportation, and public services, while prioritizing sustainability and enhancing quality of life. Demographic changes can contribute to gentrification and neighborhood evolution, whether in urban or rural contexts. As neighborhoods attract new residents with diverse income levels and lifestyle preferences, property values may appreciate, potentially displacing longstanding residents and reshaping the neighborhood's identity. Understanding population density, age distribution, household size and income levels is essential for guiding decisions on zoning, transportation infrastructure, housing development and public amenities. Incorporating Troy demographics data into planning and implementing affordable housing initiatives can help mitigate displacement risks.