Troy, NY

Census Place

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2023 Population

51,054

0.417% 1-year decline

US Senator

Chuck Schumer

Democratic Party

US Senator

Kirsten Gillibrand

Democratic Party

2023 Median Age

0.61% 1-year increase

2023 Poverty Rate

23.8%

2.28% 1-year increase

2023 Median Household Income

$57,688

5.2% 1-year growth

2023 Median Property Value

$192,500

8.7% 1-year growth

2023 Employed Population

23,803

0.021% 1-year growth

About

In 2023, Troy, NY had a population of 51.1k people with a median age of 33 and a median household income of $57,688. Between 2022 and 2023 the population of Troy, NY declined from 51,268 to 51,054, a −0.417% decrease and its median household income grew from $54,837 to $57,688, a 5.2% increase.

The 5 largest ethnic groups in Troy, NY are White (Non-Hispanic) (63.2%), Black or African American (Non-Hispanic) (15.6%), Two+ (Non-Hispanic) (6.8%), Asian (Non-Hispanic) (4.25%), and Other (Hispanic) (3.89%).

None of the households in Troy, NY reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

94.5% of the residents in Troy, NY are U.S. citizens.

The largest universities in Troy, NY are Rensselaer Polytechnic Institute (2,071 degrees awarded in 2022), Hudson Valley Community College (1,448 degrees), and Russell Sage College (696 degrees).

In 2023, the median property value in Troy, NY was $192,500, and the homeownership rate was 36.8%.

Most people in Troy, NY drove alone to work, and the average commute time was 21.1 minutes. The average car ownership in Troy, NY was 1 car per household.

United States New York Rensselaer County, NY Albany-Schenectady-Troy, NY Rensselaer County--Troy City PUMA, NY Albany County (Outside Albany City) PUMA, NY

Population & Diversity

Troy, NY is home to a population of 51.1k people, from which 94.5% are citizens. As of 2023, 8.73% of Troy, NY residents were born outside of the country (4.46k people).

In 2023, there were 4.06 times more White (Non-Hispanic) residents (32.3k people) in Troy, NY than any other race or ethnicity. There were 7.94k Black or African American (Non-Hispanic) and 3.47k Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

94.5%

2023 Citizenship

94.9%

2022 Citizenship

As of 2023, 94.5% of Troy, NY residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Troy, NY was 94.9%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Troy, NY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Troy, NY

White (Non-Hispanic)
32.3k ± 862
Black or African American (Non-Hispanic)
7.94k ± 830
Two+ (Non-Hispanic)
3.47k ± 677

9.77%

Hispanic Population

4.99k people

9.77% of the people in Troy, NY are hispanic (4.99k people).

The following chart shows the 7 races represented in Troy, NY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New York.

Most Common Origin

Dominican Republic
505,872 ± 17,239 people
China
415,960 ± 15,668 people
Jamaica
230,433 ± 11,717 people

In 2022, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 505,872 New York residents, followed by China with 415,960 and Jamaica with 230,433.

Foreign-Born Population

8.73%

2023 Foreign-Born Population

4.46k people

7.92%

2022 Foreign-Born Population

4.06k people

As of 2023, 8.73% of Troy, NY residents (4.46k people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Troy, NY was 7.92%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Troy, NY compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
591 ± 183
Gulf War (2001-)
452 ± 277
Gulf War (1990s)
199 ± 114

Troy, NY has a large population of military personnel who served in Vietnam, 1.31 times greater than any other conflict.

Economy

The economy of Troy, NY employs 23.8k people. The largest industries in Troy, NY are Educational Services (3,661 people), Health Care & Social Assistance (3,200 people), and Public Administration (1,998 people), and the highest paying industries are Professional, Scientific, & Technical Services ($75,250), Utilities ($64,934), and Real Estate & Rental & Leasing ($62,633).

Males in New York have an average income that is 1.27 times higher than the average income of females, which is $77,694. The income inequality in New York (measured using the Gini index) is 0.494, which is higher than than the national average.

Employment

Occupations

23.8k

2023 Value

± 1,306

0.021%

1 Year growth

± 7.55%

From 2022 to 2023, employment in Troy, NY grew at a rate of 0.021%, from 23.8k employees to 23.8k employees.

The most common job groups, by number of people living in Troy, NY, are Office & Administrative Support Occupations (2,683 people), Management Occupations (2,539 people), and Education Instruction, & Library Occupations (2,175 people). This chart illustrates the share breakdown of the primary jobs held by residents of Troy, NY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in New York (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

23.8k

2023 Value

± 1,306

0.021%

1 Year growth

± 7.55%

From 2022 to 2023, employment in Troy, NY grew at a rate of 0.021%, from 23.8k employees to 23.8k employees.

The most common employment sectors for those who live in Troy, NY, are Educational Services (3,661 people), Health Care & Social Assistance (3,200 people), and Public Administration (1,998 people). This chart shows the share breakdown of the primary industries for residents of Troy, NY, though some of these residents may live in Troy, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$46,313

Median earning men ± $5,335

$40,887

Median earning women ± $2,601

The industries with the best median earnings for men in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($72,885), Information ($71,985), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($63,482).

The industries with the best median earnings for women in 2023 are Public Administration ($60,865), Information ($53,750), and Finance & Insurance, & Real Estate & Rental & Leasing ($52,098).

Employment by Industry Sector

Data is only available at the state level. Showing data for New York.

Y-Axis

2.74%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 9.56M people employed in New York. This represents a 2.74% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 19.7%.

The following chart shows monthly employment numbers for each industry sector in New York.

Education

In 2022, universities in Troy, NY awarded 4,286 degrees. The student population of Troy, NY in 2022 is skewed towards men, with 9,825 male students and 8,569 female students.

Most students graduating from Universities in Troy, NY are White (2,541 and 65.4%), followed by Asian (461 and 11.9%), Hispanic or Latino (316 and 8.14%), and Black or African American (255 and 6.57%).

The largest universities in Troy, NY by number of degrees awarded are Rensselaer Polytechnic Institute (2,071 and 48.3%), Hudson Valley Community College (1,448 and 33.8%), and Russell Sage College (696 and 16.2%).

The most popular majors in Troy, NY are Computer Science (322 and 7.51%), General Business Administration & Management (288 and 6.72%), and Mechanical Engineering (264 and 6.16%).

The median tuition cost in Troy, NY for private four year colleges is $46,226.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2022 in Troy, NY, the percentage of applicants admitted was 65.4%, while the percentage of admitted who enrolled was 18.4%. The number of students enrolled in 2022 was 18,394 (53.4% men and 46.6% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2022 there were 18,394 students enrolled in Troy, NY, 53.4% men and 46.6% women.

By race, the largest number of students enrolled was concentrated in White with 10,404 records, of which 49% were women and 51% men.

Completions

Concentrations

Most Common

Aerospace, Aeronautical, & Astronautical Engineering
112 degrees awarded
Computer Science
284 degrees awarded
Mechanical Engineering
212 degrees awarded

In 2022, the most common concentation for Bachelors Degree recipients in Troy, NY was Aerospace, Aeronautical, & Astronautical Engineering with 112 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Troy, NY according to their major.

Universities

Gender

Race

Largest Universities by degrees awarded

Rensselaer Polytechnic Institute
2,071 degrees awarded
Hudson Valley Community College
1,448 degrees awarded
Russell Sage College
696 degrees awarded

In 2022, the institution with the largest number of graduating students was Rensselaer Polytechnic Institute with 2,071 degrees awarded.

Student Diversity

University

In 2022, 2,249 men were awarded degrees from institutions in Troy, NY, which is 1.1 times more than the 2,037 female students who received degrees in the same year.

In 2022 the most common race/ethnicity group awarded degrees at institutions was White students. These 2,541 degrees mean that there were 5.51 times more degrees awarded to White students then the next closest race/ethnicity group, Asian, with 461 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($46,226) is the sector with the highest median state tuition in 2022.

Private not-for-profit, 2-year ($2,836) is the sector with the highest median state fee in 2022.

Private not-for-profit, 2-year ($1,800) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New York.

Measure

In 2022, 1.7% of men over 25 years of age had not completed any academic degree (no schooling), while 1.75% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New York.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (4.04M), Bachelors Degree (3.33M), and Some college (2.79M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Troy, NY was $192,500 in 2023, which is 0.634 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $177,100 to $192,500, a 8.7% increase. The homeownership rate in Troy, NY is 36.8%, which is approximately the same as the national average of 65%.

People in Troy, NY have an average commute time of 21.1 minutes, and they drove alone to work. Car ownership in Troy, NY is lower than the national average, with an average of 1 car per household.

Median household income in Troy, NY is $57,688. In 2023, the place with the highest median household income in Troy, NY was Census Tract 412 with a value of $88,919, followed by Census Tract 414 and Census Tract 403, with respective values of $77,115 and $72,828.

Housing

Property

$192,500

Median Property Value 2023

±$8,855

$7,856

Median Property Taxes

±$626

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Troy, NY the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Troy, NY compared to it's parent and neighbor geographies.

Rent vs Own

36.8%

Homeownership

2023

66.3%

Homeowners with Mortgage

2023

In 2023, 36.8% of the housing units in Troy, NY were occupied by their owner. This percentage grew from the previous year's rate of 34.5%.

This chart shows the percentage of owner in Troy, NY compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

Census Tract 412
Census Tract 414
Census Tract 403

In 2023, the place with the highest Median Household Income (Total) in Troy, NY was Census Tract 412 with a value of $88,919, followed by Census Tract 414 and Census Tract 403, with respective values of $77,115 and $72,828.

The following map shows all of the places in Troy, NY colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$57,688

Median Household Income

± $5,099

21.3k

Number of Households

± 1,181

In 2023, the median household income of the 21.3k households in Troy, NY grew to $57,688 from the previous year's value of $54,837.

The following chart displays the households in Troy, NY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Troy, NY is from New York.

0.494

2022 Wage GINI in New York

0.493

2021 Wage GINI in New York

In 2022, the income inequality in New York was 0.494 according to the GINI calculation of the wage distribution. Income inequality had a 0.125% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for New York was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New York in comparison to the national average.

This chart shows the number of workers in New York across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (61.4%)
Worked At Home (12.6%)
Walked (9.88%)

In 2023, 61.4% of workers in Troy, NY drove alone to work, followed by those who worked at home (12.6%) and those who walked to work (9.88%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

21.1 minutes

Average Travel Time

Using averages, employees in Troy, NY have a shorter commute time (21.1 minutes) than the normal US worker (26.6 minutes). Additionally, 1.9% of the workforce in Troy, NY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Troy, NY compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Troy, NY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Troy, NY have 1 car.

Poverty

Poverty & Diversity

23.8% of the population for whom poverty status is determined in Troy, NY (11k out of 46.2k people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Females 25 - 34, followed by Females 18 - 24 and then Females 6 - 11.

The most common racial or ethnic group living below the poverty line in Troy, NY is White, followed by Black and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

95.8% of the population of Troy, NY has health coverage, with 42.5% on employee plans, 29.5% on Medicaid, 11.1% on Medicare, 11.2% on non-group plans, and 1.57% on military or VA plans.

Primary care physicians in Rensselaer County, NY see 2137 patients per year on average, which represents a 5.01% increase from the previous year (2035 patients). Compare this to dentists who see 2392 patients per year, and mental health providers who see 519 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Rensselaer County, NY.

2,137 to 1

Patient to Primary Care Physician Ratio in Rensselaer County, NY

Primary care physicians in Rensselaer County, NY see an average of 2,137 patients per year. This represents a 5.01% increase from the previous year (2,035 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Rensselaer County, NY in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 21.1% under 18 years, 32.8% between 18 and 34 years, 32.8% between 35 and 64 years, and 13.4% over 64 years.

By gender, of the total number of insured persons, 48% were men and 52% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

4.18%

Uninsured

42.5%

Employer Coverage

29.5%

Medicaid

11.1%

Medicare

11.2%

Non-Group

1.57%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Troy, NY grew by 3.28% from 4.04% to 4.18%.

The following chart shows how the percent of uninsured individuals in Troy, NY changed over time compared with the percent of individuals enrolled in various types of health insurance.

Keep Exploring

New York

State

Albany-Schenectady-Troy, NY

MSA

Rensselaer County, NY

County

United States

Nation