HomeOhioMiami CountyTroy city
Troy city, Ohio: commercial real estate data.
Troy city is a Census city of 26,842 people across 12.64 square miles of land, in Miami County. Median household income is $68,830, 65.5 percent of occupied homes are owned, and the SBA record carries 52 7(a) approvals to borrowers here worth $26.0 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Troy
What Troy is
- Census place typecity
- Land area12.64 sq mi
- Water area0.22 sq mi
- Population per square mile of land2,124
- County holding the largest share of its areaMiami County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
How many people live in Troy
- Population26,842
- Median age37.8
- Population under 186,906
- Share under 1825.7 percent
- Population 65 and over4,446
- Share 65 and over16.6 percent
- Households11,243
- Family households6,978
- Share of households that are families62.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
Income and work in Troy
- Median household income$68,830
- Per capita income$38,427
- Civilian labor force13,708
- Employed13,130
- Unemployed578 plus or minus 245
- Unemployment rate4.2 percent plus or minus 1.8
- Adults 25 and over18,100
- Adults 25 and over with a high school diploma or higher92.9 percent
- Adults 25 and over with a bachelor degree or higher33.2 percent
- Adults 25 and over with a graduate degree13.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
Housing in Troy
- Housing units11,733
- Occupied units11,243
- Vacant units490 plus or minus 204
- Vacancy rate4.2 percent plus or minus 1.7
- Owner occupied7,365
- Renter occupied3,878
- Ownership rate65.5 percent
- Median owner-occupied home value$217,400
- Median gross rent, monthly$1,003
- Annual rent as a share of median income17.5 percent
- Single family units9,038
- Share single family77.0 percent
- Units in buildings of two or more2,695
- Share in buildings of two or more23.0 percent
- Mobile homes0
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
How Troy gets to work
- Workers 16 and over who commute11,555
- Commuting under 15 minutes4,708
- Share commuting under 15 minutes40.7 percent
- Commuting 30 minutes or more3,440
- Share commuting 30 minutes or more29.8 percent
- Drove alone77.9 percent
- Carpooled6.6 percent plus or minus 2.2
- Public transport0.0 percent
- Walked1.3 percent plus or minus 0.9
- Worked from home11.5 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
SBA loans in Troy (7(a))
- Approvals52
- Gross approval$25,989,100
- Average approval$499,790
- Median approval$150,000
- Ninetieth percentile approval$1,300,000
- Largest approval$4,080,000
- Jobs supported578
- Jobs per approval11.1
- Loans with a final outcome10
- Paid in full10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more5.8 percent
- Share to franchises19.2 percent
- Distinct lenders20
- Distinct industries by NAICS28
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Troy
SBA loans in Troy (504)
- Approvals20
- Gross approval$9,036,000
- Average approval$451,800
- Median approval$223,000
- Largest approval$2,057,000
- Jobs supported87
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs7
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Troy
Flood risk in Troy
- Listed NFIP communities1
- Of those, participating1
- NFIP community number390402
- Currently effective map date06/05/20
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Miami County, not Troy
Miami County context, not Troy figures
These are Miami County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Troy measurements.
- Establishments in Miami County2,176
- Employment at those establishments, Miami County37,513
- Covered employment, Miami County41,603
- Average annual pay, Miami County$55,221
- Average weekly wage, Miami County$1,062
- Housing units permitted, Miami County326
- Of those, single family, Miami County302
- County product, 2024, Miami County$6,177,700,000
- County product change over the prior year, Miami County4.2 percent
- Average income of an arriving household, Miami County$61,924
Every figure in this section is published for Miami County as a whole and is not a measurement of Troy. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Troy questions, answered from the record.
How many people live in Troy, Ohio?
26,842, in 11,243 households. Troy city covers 12.64 square miles of land, which is 2,124 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Troy in?
Miami County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Troy?
$68,830. The median owner-occupied home is valued at $217,400. Median gross rent is $1,003 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Troy businesses?
52 7(a) approvals totalling $26.0 m, across 20 lenders, median approval $150,000, plus 20 504 approvals worth $9.0 m. These count approvals to borrowers whose address is in Troy, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Troy borrowers get paid back?
Of the 10 loans that have reached a final outcome, 10 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Troy in the National Flood Insurance Program?
Yes. Troy appears in the FEMA Community Status Book as community 390402, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Troy figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Miami County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Troy.
Is zoning published for Troy?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.