This was 18.3 percent lower than the state average of 41.9 percent. In 2020 the total municipality population reached 3,293.
84.7 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Troy for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 409 | 15.3 |
| Regular high school diploma | 656 | 24.5 |
| GED or alternative credential | 274 | 10.3 |
| Some college, less than 1 year | 217 | 8.1 |
| Some college, 1 or more years, no degree | 485 | 18.1 |
| Associate's degree | 297 | 11.1 |
| Bachelor's degree | 230 | 8.6 |
| Master's degree | 86 | 3.2 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 19 | 0.7 |
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