Population 67,476 · Census ACS 2020–24
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Population and households in Troy
Household size in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.36 | 2.44 | 2.68 | 2.68 |
| 2010–14 | 2.32 | 2.45 | 2.72 | 2.73 |
| 2015–19 | 2.33 | 2.45 | 2.69 | 2.71 |
| 2020–24 | 2.24 | 2.33 | 2.65 | 2.65 |
| Change | −0.13 | −0.11 | −0.03 | −0.03 |
Households in Troy are small: just 2.24 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has dropped from 2.36, a much bigger shift than nationally.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 35.9 | 39.8 | 38.3 | 37.7 |
| 2010–14 | 37.0 | 40.7 | 39.0 | 38.6 |
| 2015–19 | 36.7 | 41.3 | 40.2 | 39.6 |
| 2020–24 | 37.2 | 41.7 | 40.8 | 40.1 |
| Change | +1.2 | +1.9 | +2.5 | +2.3 |
The median resident of Troy is 37.2 years old, a few years younger than the national median of 40.1. The median age has climbed from 35.9 in 2006–10, in line with the national trend. Residents skew youngest in the center and oldest in the northeast.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.3% | 10.5% | 13.1% | 12.3% |
| 2010–14 | 15.6% | 10.0% | 12.7% | 12.3% |
| 2015–19 | 14.5% | 10.1% | 11.6% | 11.6% |
| 2020–24 | 14.9% | 9.8% | 11.6% | 11.6% |
| Change | −0.4 pts | −0.7 pts | −1.5 pts | −0.6 pts |
Single parents head just over one in seven households in Troy (14.9%), well above the national share of 11.6%. Only 45 of the 488 New York cities with 5,000+ people have a higher share of single-parent households.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Troy
Renters in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 49.8% | 33.8% | 44.8% | 33.3% |
| 2010–14 | 51.3% | 34.8% | 46.2% | 35.6% |
| 2015–19 | 54.0% | 36.1% | 46.2% | 36.0% |
| 2020–24 | 52.3% | 35.8% | 45.7% | 34.8% |
| Change | +2.5 pts | +2.0 pts | +0.9 pts | +1.5 pts |
Renters far outnumber owners in Troy: 52.3% of households rent their homes, against 34.8% nationally. More than four in ten owners (43.6%) have paid off their mortgages, above the national share of 39.8%. The renter share is up 2.5 points from 2006–10, mirroring the country. Only 25 of the 488 New York cities with 5,000+ people have a higher share of renters.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 13.3% | 10.9% | 10.3% | 11.4% |
| 2010–14 | 13.4% | 11.7% | 10.4% | 11.4% |
| 2015–19 | 13.5% | 13.3% | 11.0% | 11.1% |
| 2020–24 | 13.5% | 9.3% | 9.7% | 9.6% |
| Change | +0.1 pts | −1.5 pts | −0.6 pts | −1.8 pts |
Vacancy runs high in Troy: 13.5% of homes are empty, against 9.6% nationally. The count includes vacation homes and homes between owners or tenants, not just abandoned ones. Troy has a higher vacancy rate than the great majority of New York cities.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 1952 | 1962 | 1956 | 1974 |
| 2010–14 | 1952 | 1964 | 1957 | 1975 |
| 2015–19 | 1954 | 1966 | 1958 | 1977 |
| 2020–24 | 1953 | 1969 | 1961 | 1980 |
| Change | +1 | +7 | +5 | +6 |
The housing in Troy is old by national standards: the median home dates to 1953, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. The newest homes are mostly in the northeast, the oldest in the west. Troy has older homes than at least four in five New York cities.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | $827 | $882 | $1,095 | $965 |
| 2010–14 | $868 | $975 | $1,201 | $1,040 |
| 2015–19 | $1,016 | $1,114 | $1,426 | $1,213 |
| 2020–24 | $1,184 | $1,360 | $1,794 | $1,571 |
| Change | +$358 | +$478 | +$698 | +$606 |
The median renter in Troy pays $1,184 a month for rent and utilities, well below the national median of $1,571. Rents are up $358 a month from 2006–10, a 43% rise, a slower climb than the nation's. Rent takes 29.4% of the typical renter's income, just under the 30% mark often used to define affordable rent. The priciest rents are in the east; the most affordable are in the north.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Troy
Bachelor's degrees in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 24.6% | 32.9% | 31.9% | 28.4% |
| 2010–14 | 27.9% | 34.4% | 33.4% | 29.6% |
| 2015–19 | 29.5% | 37.3% | 36.2% | 32.1% |
| 2020–24 | 37.7% | 42.2% | 39.8% | 35.6% |
| Change | +13.1 pts | +9.4 pts | +8.0 pts | +7.2 pts |
Nearly four in ten adults 25 and older in Troy (37.7%) hold at least a bachelor's degree, close to the national share of 35.6%. The share is lower than in the wider Albany area (42.2%). The share with a degree has risen 13.1 points since 2006–10, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 85.9% | 90.4% | 84.0% | 84.9% |
| 2010–14 | 87.4% | 91.8% | 84.9% | 86.1% |
| 2015–19 | 88.8% | 91.8% | 86.5% | 87.7% |
| 2020–24 | 90.4% | 93.0% | 87.3% | 89.3% |
| Change | +4.5 pts | +2.6 pts | +3.3 pts | +4.3 pts |
About as many adults in Troy have finished high school as nationally: 90.4%, against 89.3%. The rate is lower than in the wider Albany area (93.0%). Since 2006–10, the share with a diploma has risen 4.5 points, as it has nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Troy
| Period | Troy | Albany area | New York | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.4% | 6.2% | 7.7% | 8.1% |
| 2010–14 | 10.1% | 7.5% | 9.2% | 9.4% |
| 2015–19 | 6.2% | 4.8% | 5.7% | 5.6% |
| 2020–24 | 7.9% | 5.0% | 6.6% | 5.4% |
| Change | −1.6 pts | −1.2 pts | −1.2 pts | −2.7 pts |
Unemployment in Troy runs well above the national rate: 7.9% of the labor force was out of work and looking, against 5.4%. Of the 488 New York cities with 5,000+ people, only 31 have higher unemployment. Since 2006–10, unemployment has fallen 1.6 points, in line with the national trend.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Troy compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Troy | 2.24 | 37.2 | 14.9% | 52.3% | 13.5% | 1953 | $1,184 | 37.7% | 90.4% | 7.9% |
| Green Island | 1.85 | 36.0 | 4.5% | 75.7% | 12.1% | 1965 | $1,308 | 28.1% | 92.2% | 10.3% |
| Watervliet | 2.10 | 41.4 | 11.9% | 62.5% | 9.5% | 1959 | $1,250 | 28.5% | 92.0% | 4.0% |
| Cohoes | 2.24 | 39.6 | 12.7% | 54.6% | 12.6% | 1967 | $1,419 | 34.9% | 92.5% | 6.1% |
| Wynantskill | 2.50 | 47.5 | 11.3% | 14.7% | 8.4% | 1976 | $1,205 | 44.0% | 97.9% | 2.6% |
| Latham | 2.45 | 38.3 | 8.5% | 31.4% | 4.8% | 1975 | $1,754 | 51.6% | 94.8% | 3.8% |
| Menands | 2.14 | 38.3 | 4.3% | 68.7% | 4.6% | 1973 | $1,424 | 42.2% | 93.3% | 2.9% |
| Waterford | 2.20 | 48.8 | 8.1% | 27.2% | 7.3% | 1969 | $1,419 | 33.8% | 94.4% | 4.0% |
| Poestenkill | 2.56 | 43.4 | 16.1% | 17.6% | 2.1% | 1968 | $1,126 | 50.7% | 97.2% | 2.1% |
| Quackenkill | 3.11 | 41.4 | 5.4% | 3.2% | 5.9% | 1974 | $1,124 | 43.2% | 92.2% | 2.2% |
| Melrose | 2.52 | 47.3 | 14.5% | 4.2% | 9.2% | 1975 | $921 | 25.7% | 96.0% | 1.7% |
All figures 2020–24.
Cities with similar populations: Covina, CA · Dubuque, IA · Eagan, MN · Warren, OH · Lakewood, WA · North Port, FL · Palo Alto, CA · Pine Hills, FL · Rome, GA · Salisbury, MD
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Troy. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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