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Troy, a small city in Ohio, has a population of slightly less than 26,000. The city's population, with an average age of just over 39, is middle-of-the-pack compared to other municipalities in the state, which has an average age of 39. Renters tend to be in the minority in the area, and 60% of residents own their homes. The average rent of $764 a month is just below the state average.
Compared to the national average, Troy has a relatively large percentage of residents over the age of 25 with a high school degree or equivalent (23%). Further, 10% possess a Bachelor's degree and 5% have earned a Master's or Doctoral degree. Many Troy residents work in one of three industries: manufacturing, retail, and healthcare. Together, these industries account for 27% of the labor force in the city. Meanwhile, in terms of job function, many workers in these industries are in transportation, making it the top field in the city. With an average annual income of almost $64,000, Troy workers bring in about the same as the average Ohio resident. However, Troy compares less favorably to the national average of $73,345.
Averaging about 21 minutes, the commute time for Troy residents is quicker than the state average of about 24 minutes. Many residents (46%) drive themselves to work, while public transit is not widely used. Walking (2%) isn't a common way to get to work, though the number does exceed the national average.
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