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Demographic Analysis of Troy, Ohio: A Low Diversity City with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Troy, Ohio, is characterized as a predominantly White Majority community with Low Diversity. In 2022, the white population comprised 87% of the city's residents, with other racial groups each representing less than 5% of the total population. The city's population reached 34,121 residents in 2022, showing steady growth over the past decade. Concurrently, the median income increased from $61,855 in 2013 to $77,333 in 2022.
Over the past decade, Troy has maintained its status as a White Majority community, but with a gradual trend towards increased diversity. The white population percentage decreased from 91% in 2013 to 87% in 2022. This shift indicates a slow transition towards greater racial diversity. The community has moved from an extremely Low Diversity categorization to a more moderate Low Diversity status, with small but consistent increases in Asian, Black, Hispanic, and multiracial populations.
The demographic shifts have coincided with a substantial increase in median income. From 2013 to 2022, the median income rose by approximately 25%, from $61,855 to $77,333. This economic growth has occurred alongside the gradual diversification of the population, suggesting a possible correlation between increased diversity and economic prosperity. The population has also grown steadily during this period, increasing by about 4.3% from 2013 to 2022.
The trends observed in Troy align with broader national patterns of increasing diversity in suburban and small city areas. The economic growth experienced by Troy is also consistent with the general economic recovery and expansion seen in many parts of the United States following the 2008 recession.
Based on the observed trends, Troy is likely to continue its gradual transition towards greater diversity over the coming years. While it may remain a White Majority community for the foreseeable future, it could potentially move towards a Moderate Diversity categorization if current trends accelerate. The consistent growth in Asian, Hispanic, and multiracial populations suggests that Troy may be evolving into a Transitional Community, with these groups likely to play an increasingly significant role in the city's demographic makeup.
Economically, if the correlation between increasing diversity and rising median income continues, Troy may experience further economic growth. However, this growth may moderate or stabilize as the rate of demographic change potentially accelerates.
Troy remains a predominantly White Majority, Low Diversity community, but shows signs of gradual demographic evolution. This shift, coupled with strong economic growth, positions Troy as a community in transition, potentially moving towards greater diversity and continued economic development in the coming years.
