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Demographics
Population
Median Income
Racial Distributions
The zip code 83871 in Troy, Idaho, is classified as having "Low Diversity" as of 2022. The area's population is 95% white, a classification that has remained stable over the past decade. The median income is $71,984, and the population is 2,434, indicating a small, economically stable community.
From 2013 to 2022, Troy has maintained its "Low Diversity" classification. The white population has consistently remained above 90%. Minor shifts include a slight decrease in the white population from 96% to 95%, an increase in the "two or more races" category from 1% to 3%, and a stable Hispanic population of 1-2%. These changes suggest a very slow trend towards increased diversity, but not enough to alter the community's overall classification.
The median income in Troy has fluctuated over the years. It decreased from $71,584 in 2013 to $62,843 in 2016, then generally increased, reaching $79,095 in 2021 before declining to $71,984 in 2022. The population grew from 1,950 in 2013 to 2,434 in 2022, a 25% increase. This growth, combined with the overall upward trend in median income, indicates economic stability and potential growth in the area.
The correlation between demographic and economic trends is not strongly evident. The community has maintained low diversity while experiencing economic fluctuations and overall growth, suggesting that local economic factors, rather than demographic shifts, are likely the primary drivers of income changes.
The stability of Troy's racial composition contrasts with national trends towards increasing diversity. The 2022 median income of $71,984 is above the national median household income of $70,784 in 2021. The 25% population growth over a decade may be higher than average for small cities, potentially indicating that Troy is an attractive place to live within its region.
Troy presents a picture of a stable, predominantly white community that has maintained its racial composition while experiencing moderate economic growth and significant population increase over the past decade. The very slight trends towards increased diversity have not substantially altered the community's demographic profile. Economic fluctuations and overall growth appear to be driven more by local or regional economic factors rather than by demographic shifts.