Because of many things, Troy is a great place for families with children to consider. First of all, many other families with children live here, making Troy a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Troy has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Troy’s overall crime rate is lower than average for the country.
The citizens of Troy are very well educated compared to the average community in the nation: 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.
