Troy, Ohio: commercial real estate data.
Troy 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 since FY2020.
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$1,297,390
- Largest approval$4,080,000
- Jobs supported578
- Jobs per approval11.1
- Loans with a final outcome10
- Paid in full10
- Charged off0
- 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
Counted by borrower city: approvals to borrowers whose address is in Troy, in any county, FY2020 to FY2026. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$220,500
- Largest approval$2,057,000
- Jobs supported87
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs7
Counted by borrower city: approvals to borrowers whose address is in Troy, in any county, FY2010 to FY2026. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Troy
Flood risk in Troy
- NFIP communityCity of Troy
- NFIP community number390402
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/05/20
The City of Troy participates in the National Flood Insurance Program as community 390402 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Miami County, not Troy
Miami County context, not Troy figures
- Establishments in Miami County2,176
- Covered employment, Miami County41,603
- Average annual pay, Miami County$55,221
- Housing units permitted, Miami County326
Every figure in this section is published for Miami County as a whole and is not a measurement of Troy.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $26.0 m since FY2020, across 20 lenders, median approval $150,000, plus 20 504 approvals worth $9.0 m since FY2010. 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?
No rate is published for Troy. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Troy in the National Flood Insurance Program?
Yes. Troy appears in the FEMA Community Status Book as Troy, city of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.