Troy is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Troy’s overall crime rate is lower than average for the country.
The population of Troy is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 37.79% of adults in Troy have a bachelor's degree or even advanced degree.
The per capita income in Troy in 2022 was $41,038, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $164,152 for a family of four. However, Troy contains both very wealthy and poor people as well.
The people who call Troy home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Troy residents report their race to be White, followed by Black or African-American. Important ancestries of people in Troy include German, English, Irish, Italian, and French.
The most common language spoken in Troy is English. Other important languages spoken here include Spanish and Korean.
