Centroid
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The centroid of a triangle is the point of intersection of the medians of the triangle and is conventionally denoted 
. The centroid has the special property that, for each median, the distance from a vertex to the centroid is twice that of the distance from the centroid to the midpoint of the side opposite that vertex. Also, the three medians of a triangle divide it into six regions of equal area.
The centroid is the center of mass of the triangle; in other words, if you connected a string to the centroid of a triangle and held the other end of the string, the triangle would be level.
The coordinates of the centroid of a coordinatized triangle are 
where 
is the arithmetic mean of the 
-coordinates of the vertices of the triangle and 
is the arithmetic mean of the 
-coordinates of the triangle.
Proof of concurrency of the medians of a triangle
Note: The existance of the centroid is a trivial consequence of Ceva's Theorem. However, there are many interesting and elegant ways to prove its existance, such as those shown below.
Proof 1
Readers unfamiliar with homothety should consult the second proof.
Let 
be the respective midpoints of sides 
of triangle 
. We observe that 
are parallel to (and of half the length of) 
, respectively. Hence the triangles 
are homothetic with respect to some point with dilation factor 
; hence 
all pass through , and 
. Q.E.D.
Proof 2
Let be a triangle, and let be the respective midpoints of the segments . Let be the intersection of 
and 
. Let 
be the respective midpoints of 
. We observe that both 
and 
are parallel to 
and of half the length of . Hence 
is a parallelogram. Since the diagonals of a parallelogram bisect each other, we have 
, or 
. Hence each median passes through an appropriate trisection point of each other median and the medians concur. Q.E.D.
We note that both of these proofs give the result that the distance of a vertex of a point of a triangle to the centroid of the triangle is twice the distance from the centroid of the traingle to the midpoint of the opposite side.
