The median household income in Troy, AL in 2022 was $38,825, which was 53.7% less than the median annual income of $59,674 across the entire state of Alabama. Compared to the median income of $25,352 in 2000 this represents an increase of 34.7%. The per capita income in 2022 was $26,618, which means an increase of 41.4% compared to 2000 when it was $15,589.
Whole page based on the data from 2000 / 2022 when the population of Troy, Alabama was 13,935 / 17,920
Income statistics for all residents
Median household income in Troy, AL in 2022:
Troy:
$38,825
Alabama:
$59,674
Change in median household income between 2000 and 2022:
Troy, Alabama:
+53.1%
State:
+74.8%
Number of households with income < $10k:
Troy:
13.3% (852)
State:
7.6% (152,705)
Number of households with income $10k - 20k:
Troy:
16.6% (1,064)
Alabama:
9.8% (197,409)
Number of households with income $20k - 30k:
Troy:
9.8% (627)
State:
9.1% (183,727)
Number of households with income $30k - 40k:
Troy:
11.9% (762)
State:
8.1% (164,262)
Number of households with income $40k - 50k:
Troy:
6.8% (436)
Alabama:
8.1% (163,755)
Number of households with income $50k - 60k:
Troy:
5.1% (329)
State:
7.5% (151,424)
Number of households with income $60k - 75k:
Troy:
7.8% (504)
Alabama:
9.2% (185,971)
Number of households with income $75k - 100k:
Troy:
7.5% (479)
State:
12.6% (253,313)
Number of households with income $100k - 125k:
Troy:
4.6% (296)
State:
9.1% (184,314)
Number of households with income $125k - 150k:
Troy:
5.9% (380)
State:
5.7% (115,397)
Number of households with income $150k - 200k:
Troy:
6.8% (440)
State:
6.4% (129,875)
Number of households with income > $200k:
Troy:
4.0% (256)
Alabama:
6.7% (134,296)
Aggregate household income in Troy in 2022: $448,291,992
Median family income in Troy in 2022:
Troy:
$69,937
State:
$77,668
Number of families with income < $10k:
Troy:
2.9% (88)
State:
4.4% (57,461)
Number of families with income $10k - 20k:
Troy:
2.2% (68)
Alabama:
5.5% (72,559)
Number of families with income $20k - 30k:
Troy:
7.1% (215)
State:
6.9% (89,939)
Number of families with income $30k - 40k:
Troy:
15.8% (481)
Alabama:
6.8% (88,598)
Number of families with income $40k - 50k:
Troy:
7.0% (213)
Alabama:
7.4% (96,539)
Number of families with income $50k - 60k:
Troy:
6.5% (197)
Alabama:
7.1% (93,159)
Number of families with income $60k - 75k:
Troy:
13.3% (406)
State:
10.1% (132,858)
Number of families with income $75k - 100k:
Troy:
6.9% (211)
State:
14.4% (189,114)
Number of families with income $100k - 125k:
Troy:
10.4% (315)
Alabama:
11.8% (154,222)
Number of families with income $125k - 150k:
Troy:
10.5% (321)
State:
7.7% (100,319)
Number of families with income $150k - 200k:
Troy:
9.5% (288)
State:
8.7% (113,549)
Number of families with income > $200k:
Troy:
8.0% (243)
Alabama:
9.2% (120,671)
Median non-family income in Troy in 2022:
Troy:
$19,046
Alabama:
$32,330
Change in median non-family income between 2000 and 2022:
Troy, Alabama:
+42.2%
Alabama:
+81.0%
Median per capita income in Troy in 2022:
Troy:
$26,618
State:
$33,777
Change in median per capita income between 2000 and 2022:
Troy, Alabama:
+70.8%
State:
+85.7%
Income statistics for White residents
Median household income in Troy, AL in 2022:
Troy:
$46,259
Alabama:
$68,168
Change in median household income between 2000 and 2022:
Troy, Alabama:
+35.2%
Alabama:
+76.9%
Number of households with income < $10k:
Troy:
8.1% (288)
State:
6.0% (81,374)
Number of households with income $10k - 20k:
Troy:
18.9% (671)
State:
7.7% (103,935)
Number of households with income $20k - 30k:
Troy:
9.1% (324)
State:
7.9% (106,652)
Number of households with income $30k - 40k:
Troy:
9.8% (347)
Alabama:
7.6% (101,967)
Number of households with income $40k - 50k:
Troy:
5.5% (197)
State:
7.6% (101,782)
Number of households with income $50k - 60k:
Troy:
7.1% (251)
State:
7.7% (104,223)
Number of households with income $60k - 75k:
Troy:
7.0% (247)
State:
9.2% (124,640)
Number of households with income $75k - 100k:
Troy:
9.0% (320)
State:
13.5% (182,175)
Number of households with income $100k - 125k:
Troy:
5.8% (206)
Alabama:
10.4% (140,351)
Number of households with income $125k - 150k:
Troy:
3.7% (131)
State:
6.7% (89,912)
Number of households with income $150k - 200k:
Troy:
9.3% (330)
State:
7.5% (101,623)
Number of households with income > $200k:
Troy:
6.7% (239)
Alabama:
8.1% (109,449)
Aggregate household income in Troy in 2022: $301,091,489
Median family income in Troy in 2022:
Troy:
$77,144
State:
$87,431
Number of families with income $10k - 20k:
Troy:
1.4% (23)
State:
3.7% (33,799)
Number of families with income $20k - 30k:
Troy:
3.8% (60)
State:
5.2% (46,603)
Number of families with income $30k - 40k:
Troy:
14.7% (235)
State:
5.9% (53,168)
Number of families with income $40k - 50k:
Troy:
6.6% (106)
State:
6.7% (60,599)
Number of families with income $50k - 60k:
Troy:
8.8% (140)
State:
7.3% (65,413)
Number of families with income $60k - 75k:
Troy:
12.1% (194)
State:
10.0% (89,817)
Number of families with income $75k - 100k:
Troy:
8.6% (138)
State:
15.3% (138,117)
Number of families with income $100k - 125k:
Troy:
13.3% (213)
State:
13.2% (119,120)
Number of families with income $125k - 150k:
Troy:
4.3% (68)
State:
8.8% (79,234)
Number of families with income $150k - 200k:
Troy:
12.2% (195)
State:
9.9% (89,633)
Number of families with income > $200k:
Troy:
14.2% (228)
State:
11.0% (99,298)
Median non-family income in Troy in 2022:
Troy:
$21,998
State:
$35,655
Change in median non-family income between 2000 and 2022:
Troy, Alabama:
+23.3%
State:
+77.0%
Median per capita income in Troy in 2022:
Troy:
$32,612
Alabama:
$38,538
Change in median per capita income between 2000 and 2022:
Troy, Alabama:
+67.1%
State:
+85.7%
Income statistics for Black or African American residents
Median household income in Troy, AL in 2022:
Troy:
$33,733
State:
$40,774
Change in median household income between 2000 and 2022:
Troy, Alabama:
+137.0%
Alabama:
+87.2%
Number of households with income < $10k:
Troy:
17.9% (439)
Alabama:
11.6% (61,525)
Number of households with income $10k - 20k:
Troy:
12.9% (317)
State:
15.7% (83,337)
Number of households with income $20k - 30k:
Troy:
11.2% (275)
State:
12.1% (64,285)
Number of households with income $30k - 40k:
Troy:
15.3% (374)
State:
9.5% (50,471)
Number of households with income $40k - 50k:
Troy:
8.9% (218)
State:
9.3% (49,396)
Number of households with income $50k - 60k:
Troy:
3.1% (77)
State:
7.1% (37,794)
Number of households with income $60k - 75k:
Troy:
9.5% (233)
Alabama:
8.8% (46,635)
Number of households with income $75k - 100k:
Troy:
6.3% (155)
State:
10.2% (54,232)
Number of households with income $100k - 125k:
Troy:
3.3% (82)
Alabama:
5.7% (30,295)
Number of households with income $125k - 150k:
Troy:
7.8% (191)
State:
3.3% (17,334)
Number of households with income $150k - 200k:
Troy:
3.2% (78)
Alabama:
3.6% (18,943)
Number of households with income > $200k:
Troy:
0.4% (10)
State:
2.8% (14,974)
Aggregate household income in Troy in 2022: $126,862,280
Median family income in Troy in 2022:
Troy:
$56,035
State:
$51,033
Number of families with income < $10k:
Troy:
5.9% (76)
State:
8.4% (26,238)
Number of families with income $10k - 20k:
Troy:
4.0% (51)
State:
11.2% (34,919)
Number of families with income $20k - 30k:
Troy:
10.9% (140)
State:
11.7% (36,395)
Number of families with income $30k - 40k:
Troy:
18.5% (237)
State:
9.0% (27,923)
Number of families with income $40k - 50k:
Troy:
6.8% (87)
State:
8.9% (27,641)
Number of families with income $50k - 60k:
Troy:
3.9% (50)
State:
6.5% (20,198)
Number of families with income $60k - 75k:
Troy:
16.3% (209)
State:
10.6% (32,832)
Number of families with income $75k - 100k:
Troy:
5.5% (71)
State:
12.2% (38,008)
Number of families with income $100k - 125k:
Troy:
7.2% (93)
State:
7.6% (23,549)
Number of families with income $125k - 150k:
Troy:
15.2% (194)
State:
4.6% (14,455)
Number of families with income $150k - 200k:
Troy:
5.0% (65)
Alabama:
5.0% (15,690)
Number of families with income > $200k:
Troy:
0.8% (10)
State:
4.2% (13,215)
Median non-family income in Troy in 2022:
Troy:
$18,871
Alabama:
$26,601
Change in median non-family income between 2000 and 2022:
Troy, Alabama:
+93.2%
State:
+117.2%
Median per capita income in Troy in 2022:
Troy:
$21,017
Alabama:
$24,808
Change in median per capita income between 2000 and 2022:
Troy, Alabama:
+116.8%
State:
+112.7%
Income statistics for Asian residents
Median household income in Troy, AL in 2022:
Troy:
$2,657
State:
$83,281
Change in median household income between 2000 and 2022:
Troy, Alabama:
+6.3%
State:
+98.3%
Number of households with income < $10k:
Troy:
55.3% (63)
Alabama:
4.3% (1,179)
Number of households with income $10k - 20k:
Troy:
12.3% (14)
State:
4.1% (1,113)
Number of households with income $20k - 30k:
Troy:
0.0% (0)
State:
11.2% (3,069)
Number of households with income $30k - 40k:
Troy:
0.0% (0)
State:
5.2% (1,417)
Number of households with income $40k - 50k:
Troy:
0.0% (0)
Alabama:
5.5% (1,511)
Number of households with income $50k - 60k:
Troy:
0.0% (0)
Alabama:
7.5% (2,045)
Number of households with income $60k - 75k:
Troy:
17.5% (20)
State:
7.9% (2,178)
Number of households with income $75k - 100k:
Troy:
0.0% (0)
State:
12.4% (3,399)
Number of households with income $100k - 125k:
Troy:
0.0% (0)
State:
12.1% (3,322)
Number of households with income $125k - 150k:
Troy:
0.0% (0)
State:
7.5% (2,050)
Number of households with income $150k - 200k:
Troy:
14.9% (17)
State:
8.9% (2,434)
Number of households with income > $200k:
Troy:
0.0% (0)
State:
13.5% (3,705)
Aggregate household income in Troy in 2022: $5,740,757
Median non-family income in Troy in 2022:
Troy:
$2,278
State:
$41,530
Change in median non-family income between 2000 and 2022:: -8.8%
Troy, Alabama:
-8.8%
Alabama:
+114.1%
Median per capita income in Troy in 2022:
Troy:
$9,265
State:
$40,084
Change in median per capita income between 2000 and 2022:: -4.4%
Troy, Alabama:
-4.4%
Alabama:
+95.6%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Troy:
0.0% (0)
State:
7.4% (4,745)
Number of households with income $10k - 20k:
Troy:
0.0% (0)
State:
6.5% (4,180)
Number of households with income $20k - 30k:
Troy:
0.0% (0)
State:
9.9% (6,374)
Number of households with income $30k - 40k:
Troy:
0.0% (0)
State:
9.5% (6,150)
Number of households with income $40k - 50k:
Troy:
0.0% (0)
Alabama:
12.0% (7,717)
Number of households with income $50k - 60k:
Troy:
0.0% (0)
State:
8.5% (5,497)
Number of households with income $60k - 75k:
Troy:
100.0% (30)
State:
13.2% (8,513)
Number of households with income $75k - 100k:
Troy:
0.0% (0)
Alabama:
11.8% (7,635)
Number of households with income $100k - 125k:
Troy:
0.0% (0)
State:
8.6% (5,575)
Number of households with income $125k - 150k:
Troy:
0.0% (0)
Alabama:
4.3% (2,777)
Number of households with income $150k - 200k:
Troy:
0.0% (0)
Alabama:
4.3% (2,762)
Number of households with income > $200k:
Troy:
0.0% (0)
State:
4.0% (2,583)
Aggregate household income in Troy in 2022: $7,257,681
Median per capita income in Troy in 2022:
Troy:
$15,617
State:
$19,178
Change in median per capita income between 2000 and 2022:
Troy, Alabama:
+40.3%
State:
+54.7%
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Troy in 2022: $1,527,879
Median per capita income in Troy in 2022:
Troy:
$2,641
State:
$26,356
Change in median per capita income between 2000 and 2022:: -72.0%
Troy, Alabama:
-72.0%
State:
+85.7%
Income statistics for Multirace residents
Number of households with income < $10k:
Troy:
0.0% (0)
Alabama:
6.8% (5,192)
Number of households with income $10k - 20k:
Troy:
31.5% (64)
State:
8.6% (6,578)
Number of households with income $20k - 30k:
Troy:
16.7% (34)
State:
7.5% (5,669)
Number of households with income $30k - 40k:
Troy:
0.0% (0)
Alabama:
9.8% (7,455)
Number of households with income $40k - 50k:
Troy:
10.3% (21)
State:
8.9% (6,754)
Number of households with income $50k - 60k:
Troy:
0.0% (0)
Alabama:
6.3% (4,828)
Number of households with income $60k - 75k:
Troy:
0.0% (0)
Alabama:
9.5% (7,224)
Number of households with income $75k - 100k:
Troy:
0.0% (0)
Alabama:
13.2% (10,079)
Number of households with income $100k - 125k:
Troy:
0.0% (0)
State:
10.0% (7,571)
Number of households with income $125k - 150k:
Troy:
35.0% (71)
State:
5.7% (4,327)
Number of households with income $150k - 200k:
Troy:
6.4% (13)
Alabama:
6.8% (5,200)
Number of households with income > $200k:
Troy:
0.0% (0)
State:
6.8% (5,194)
Aggregate household income in Troy in 2022: $15,558,247
Median family income in Troy in 2022:
Troy:
$134,271
State:
$78,426
Number of families with income $20k - 30k:
Troy:
13.4% (16)
Alabama:
5.6% (2,894)
Number of families with income $40k - 50k:
Troy:
13.7% (16)
State:
7.7% (3,981)
Number of families with income $125k - 150k:
Troy:
61.4% (72)
State:
7.2% (3,710)
Number of families with income $150k - 200k:
Troy:
11.4% (13)
State:
8.9% (4,635)
Median per capita income in Troy in 2022:
Troy:
$25,780
State:
$23,257
Change in median per capita income between 2000 and 2022:
Troy, Alabama:
+139.2%
State:
+87.3%
Income statistics for other residents
Median per capita income in Troy in 2022:
Troy:
$41,944
State:
$18,366
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-8.8%
+114.1%
