Troy, NY

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Population

49,826

0.11% decline

Median Age

30.6


Median Household Income

$40,911

2.67% growth

Poverty Rate

26.1%


Number of Employees

22,760

0.9% growth

Median Property Value

$144,400

0.0693% growth

About

In 2017, Troy, NY had a population of 49.8k people with a median age of 30.6 and a median household income of $40,911. Between 2016 and 2017 the population of Troy, NY declined from 49,881 to 49,826, a -0.11% decrease and its median household income grew from $39,847 to $40,911, a 2.67% increase.

The population of Troy, NY is 64.4% White Alone, 15.4% Black or African American Alone, and 9.66% Hispanic or Latino. 12.5% of the people in Troy, NY speak a non-English language, and 95.6% are U.S. citizens.

The largest universities in Troy, NY are Hudson Valley Community College (1,929 degrees awarded in 2016), Rensselaer Polytechnic Institute (1,817 degrees), and The Sage Colleges (876 degrees).

The median property value in Troy, NY is $144,400, and the homeownership rate is 36.8%. Most people in Troy, NY commute by Drove Alone, and the average commute time is 21.6 minutes. The average car ownership in Troy, NY is 2 cars per household.

About the photo: Albany, NY

Economy

The economy of Troy, NY employs 22.8k people. The largest industries in Troy, NY are Health Care & Social Assistance (3,797 people), Educational Services (3,269 people), and Retail Trade (2,439 people), and the highest paying industries are Agriculture, Forestry, Fishing & Hunting, & Mining ($71,786), Professional, Scientific, & Technical Services ($57,031), and Public Administration ($51,380).

Median household income in Troy, NY is $40,911. Males in Troy, NY have an average income that is 1.3 times higher than the average income of females, which is $59,246. The income inequality in Troy, NY (measured using the Gini index) is 0.499, which is higher than than the national average.

Wages

Median Household Income

$40,911

2017 value

± $2,226

2.67%

1 Year Growth

± 8.28%

Households in Troy, NY have a median annual income of $40,911, which is less than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $39,847 in 2016, which represents a 2.67% annual growth.

Look at the chart to see how the median household income in Troy, NY compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

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

$76,804

Average Male Salary

± $1,164

$59,246

Average Female Salary

± $829

In 2017, full-time male employees in Troy, NY made 1.3 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Troy, NY by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

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

Highest Average Salaries by Race & Ethnicity

  1. White

    $65,105 ± $849

  2. Asian

    $62,456 ± $2,350

  3. Two or More Races

    $46,207 ± $3,026

In 2017 the highest paid race/ethnicity of Troy, NY workers was White. These workers were paid 1.04 times more than Asian workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Troy, NY by number of full-time employees.

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Wage Distribution

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

0.499

2017 Wage GINI

0.497

2016 Wage GINI

In 2017, the income inequality in New York was 0.499 according to the GINI calculation of the wage distribution. Income inequality had a 0.362% growth from 2016 to 2017, which means that wage distribution grew somewhat less even.

The 2017 the GINI for New York was higher than than the national average of 0.479. 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.

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Income by Location

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Highest Median Household Income (Total)

  1. Census Tract 412

  2. Census Tract 413

  3. Census Tract 411

In 2017, the place with the highest Median Household Income (Total) in Troy, NY was Census Tract 412 with a value of $71,444, followed by Census Tract 413 and Census Tract 411, with respective values of $57,321 and $53,529.

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

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Poverty by Age and Gender

Females 18 - 24

Largest Demographic Living in Poverty

26.1% of the population for whom poverty status is determined in Troy, NY (11.8k out of 45.3k people) live below the poverty line, a number that is higher than the national average of 13.4%. The largest demographic living in poverty are Females 18 - 24, followed by Females 25 - 34 and then Males 18 - 24.

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.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    6,666 ± 576

  2. Black

    3,233 ± 390

  3. Hispanic

    1,777 ± 278

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.

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Occupations

Employment by Occupations

22.8k

2017 Value

± 980

0.9%

1 Year growth

± 6.02%

From 2016 to 2017, employment in Troy, NY grew at a rate of 0.9%, from 22.6k employees to 22.8k employees.

The most common job groups, by number of people living in Troy, NY, are Office & Administrative Support Occupations (3,425 people), Sales & Related Occupations (2,091 people), and Education, Training, & Library Occupations (1,768 people). This chart illustrates the share breakdown of the primary jobs held by residents of Troy, NY.

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Most Common

The most common jobs held by residents of Troy, NY, by number of employees, are Office & Administrative Support Occupations (3,425 people), Sales & Related Occupations (2,091 people), and Education, Training, & Library Occupations (1,768 people).

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Most Specialized

Compared to other places, Troy, NY has an unusually high number of residents working as Life, Physical, & Social Science Occupations (2.45 times higher than expected), Community & Social Service Occupations (1.81 times), and Healthcare Support Occupations (1.68 times).

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Highest Paid

The highest paid jobs held by residents of Troy, NY, by median earnings, are Architecture & Engineering Occupations ($67,150), Law Enforcement Workers Including Supervisors ($62,143), and Legal Occupations ($61,250).

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Industries

Employment by Industries

22.8k

2017 Value

± 980

0.9%

1 Year growth

± 6.02%

From 2016 to 2017, employment in Troy, NY grew at a rate of 0.9%, from 22.6k employees to 22.8k employees.

The most common employment sectors for those who live in Troy, NY, are Health Care & Social Assistance (3,797 people), Educational Services (3,269 people), and Retail Trade (2,439 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.

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Most Common

The most common industries in Troy, NY, by number of employees, are Health Care & Social Assistance (3,797 people), Educational Services (3,269 people), and Retail Trade (2,439 people).

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Most Specialized

Compared to other places, Troy, NY has an unusually high number of Public Administration (1.89 times higher than expected), Educational Services (1.55 times), and Health Care & Social Assistance (1.2 times) industries.

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Highest Paying

The highest paying industries in Troy, NY, by median earnings, are Agriculture, Forestry, Fishing & Hunting, & Mining ($71,786), Professional, Scientific, & Technical Services ($57,031), and Public Administration ($51,380).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from New York to other states, or from other states to New York.

Top Domestic Production in Dollars

  1. $67.6B

  2. $47.2B

  3. $45.3B

In 2015, the top outbound New York product (by dollars) was Mixed freight with $67.6B, followed by Electronics with $47.2B and Misc. mfg. prods. and $45.3B.

The following chart shows the share of these products in relation to all outbound New York products.

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Domestic Trade Growth

Showing data for New York state.

$570B

2015 Value

$854B

Projected 2045 Value

49.9% growth

In 2015, total outbound New York trade was $570B. This is expected to increase 49.9% to $854B by 2045.

The following chart shows how the domestic outbound New York trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from New York to other states, or from other states to New York.

Most Common Trade Partners

  1. $34.6B

  2. $29.6B

  3. $18.8B

In 2015, the top outbound New York domestic partner for goods and services (by dollars) was New Jersey with $34.6B, followed by Pennsylvania with $29.6B and Connecticut and $18.8B.

The following map shows the amount of trade that New York shares with each state (excluding itself).

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Health

93.9% of the population of Troy, NY has health coverage, with 45.1% on employee plans, 28.2% on Medicaid, 8.52% on Medicare, 11.1% on non-group plans, and 0.914% on military or VA plans.

Per capita personal health care spending in the place of Troy, NY was $9,778 in 2014. This is a 4.57% increase from the previous year ($9,351).

Primary care physicians in Troy, NY see 1202 patients per year on average, which represents a 0.25% increase from the previous year (1199 patients). Compare this to dentists who see 1240 patients per year, and mental health providers who see 393 patients per year.

Comparing across all counties in the state, Oswego County and Bronx County have the highest prevalence of diabetes (12.2%). Additionally, Chemung County has the highest prevalence of adult obesity (33.3%)

Patient to Clinician Ratios

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

1,202 to 1

Patient to Primary Care Physician Ratio

Primary care physicians in New York see an average of 1,202 patients per year. This represents a 0.25% increase from the previous year (1,199 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in New York in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. 8.26% of the population affected

  2. 8.13% of the population affected

  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. 19.2% of adults

  2. 17.9% of adults

  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

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

$9,778

Total Per Capita Spending on Personal Health Care 

$5,338

Per Enrollee Private Health Insurance Spending on Personal Health Care

$9,803

Per Enrollee Medicaid Spending on Personal Health Care

$12,179

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in New York (including private, Medicare, and Medicaid) grew 4.57%, from $9,351 to $9,778.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

6.13%

Uninsured

45.1%

Employer Coverage

28.2%

Medicaid

8.52%

Medicare

11.1%

Non-Group

0.914%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Troy, NY declined by 9.26% from 6.75% to 6.13%.

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.

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Health Risks

Data available at the county level.

Most at risk counties

  1. 12.2% prevalence

  2. 12.2% prevalence

  3. 12% prevalence

Oswego County and Bronx County have the highest prevalence of diabetes in New York, at 12.2%.

The following map shows the prevalence of diabetes in New York by county over multiple years.

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Diversity

Troy, NY is home to a population of 49.8k people, from which 95.6% are citizens. As of 2017, 7.43% of Troy, NY residents were born outside of the country.

The ethnic composition of the population of Troy, NY is composed of 32.1k White Alone residents (64.4%), 7.69k Black or African American Alone residents (15.4%), 4.81k Hispanic or Latino residents (9.66%), 2.92k Two or More Races residents (5.86%), 2.02k Asian Alone residents (4.04%), 252 Some Other Race Alone residents (0.506%), 22 American Indian & Alaska Native Alone residents (0.0442%), and 0 Native Hawaiian & Other Pacific Islander Alone residents (0%).

The most common foreign languages spoken in Troy, NY are Spanish or Spanish Creole (2,554 speakers), Chinese (817 speakers), and Other Asian Languages (327 speakers).

Age

Age by Nativity

30

Median Native-Born Age

± 0.5

33

Median Foreign-Born Age

± 1.5

In 2017, the median age of all people in Troy, NY was 30.6. Native-born citizens, with a median age of 30, were generally younger than than foreign-born citizens, with a median age of 33. But people in Troy, NY are getting staying the same age. In 2016, the average age of all Troy, NY residents was 31.

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Heritage

Foreign-Born Population

7.43%

2017 Foreign-Born Population

6.89%

2016 Foreign-Born Population

As of 2017, 7.43% of Troy, NY residents were born outside of the United States, which is lower than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Troy, NY was 6.89%, 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.

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Global Diversity

Most Common Origin

  1. Dominican Republic

    505,406 ± 17,230 people

  2. China

    402,542 ± 15,418 people

  3. Jamaica

    239,917 ± 11,952 people

In 2017, the most common birthplace for the foreign-born residents of Troy, NY was Dominican Republic, the natal country of 505,406 Troy, NY residents, followed by China with 402,542 and Jamaica with 239,917.

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Citizenship

95.6%

2017 Citizenship

95.8%

2016 Citizenship

As of 2017, 95.6% of Troy, NY residents were US citizens, which is higher than the national average of 93.1%. In 2016, the percentage of US citizens in Troy, NY was 95.8%, 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.

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Race and Ethnicity

Most Common

  1. White Alone

    32.1k ± 649

  2. Black or African American Alone

    7.69k ± 581

  3. Hispanic or Latino

    4.81k ± 569

In 2017, there were 4.17 times more White Alone residents (32.1k people) in Troy, NY than any other race or ethnicity. There were 7.69k Black or African American Alone and 4.81k Hispanic or Latino residents, the second and third most common racial or ethnic groups.

The following bar chart shows the 8 races and ethnicities represented in Troy, NY as a share of the total population.

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Non-English Speakers

Most Common Languages

  1. Spanish or Spanish Creole

    2,554 speakers (5.44%)

  2. Chinese

    817 speakers (1.74%)

  3. Other Asian Languages

    327 speakers (0.696%)

12.5% of Troy, NY citizens are speakers of a non-English language, which is lower than the national average of 21.5%. In 2015, the most common non-English language spoken in Troy, NY was Spanish or Spanish Creole. 5.44% of the overall population of Troy, NY are native Spanish or Spanish Creole speakers. 1.74% speak Chinese and 0.696% speak Spanish or Spanish Creole, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    745 ± 160

  2. Gulf War (2001-)

    433 ± 127

  3. Gulf War (1990s)

    225 ± 101

Troy, NY has a large population of military personnel who served in Vietnam, 1.72 times greater than any other conflict.

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Education

In 2016, universities in Troy, NY awarded 4,698 degrees. The student population of Troy, NY is skewed towards men, with 11,549 male students and 10,256 female students.

Most students graduating from Universities in Troy, NY are White (3,236 and 74%), followed by Asian (290 and 6.63%), Black or African American (267 and 6.1%), and Hispanic or Latino (239 and 5.46%).

The largest universities in Troy, NY by number of degrees awarded are Hudson Valley Community College (1,929 and 41.1%), Rensselaer Polytechnic Institute (1,817 and 38.7%), and The Sage Colleges (876 and 18.6%).

The most popular majors in Troy, NY are General Business Administration & Management (396 and 8.43%), Mechanical Engineering (241 and 5.13%), and General Studies (234 and 4.98%).

The median tuition costs in Troy, NY are $38,463 for private four year colleges, and $N/A and $N/A respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

In 2015, the most common concentation for Associates Degree recipients in Troy, NY was Criminal Justice - Law Enforcement Administration with 144 degrees awarded.

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

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Universities

Largest Universities by degrees awarded

  1. 1,929 degrees awarded

  2. 1,817 degrees awarded

  3. 876 degrees awarded

$N/A

Median In-State Public

$38,463

Median Private

In 2016, the Troy, NY institution with the largest number of graduating students was Hudson Valley Community College with 1,929 degrees awarded.

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Student Gender for Common Institutions

2,464

Degrees Awarded to Men

2,234

Degrees Awarded to Women

In 2016, 2,464 men were awarded degrees from institutions in Troy, NY, which is 1.1 times more than the 2,234 female students who received degrees in the same year.

This chart displays the gender disparity between the institutions in Troy, NY by degrees awarded.

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Student Race and Ethnicity

Most Common Student Race or Ethnicity

  1. White

    3,236 degrees awarded

  2. Asian

    290 degrees awarded

  3. Black or African American

    267 degrees awarded

In 2016 the majority of degrees awarded at institutions in Troy, NY were to White students. These 3,236 degrees mean that there were 11.2 times more White students then the next closest race/ethnicity group, Asian, with 290 degrees awarded.

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Housing & Living

The median property value in Troy, NY was $144,400 in 2017, which is 0.664 times smaller than the national average of $217,600. Between 2016 and 2017 the median property value increased from $144,300 to $144,400, a 0.0693% increase. The homeownership rate in Troy, NY is 36.8%, which is lower than the national average of 63.9%. People in Troy, NY have an average commute time of 21.6 minutes, and they commute by Drove Alone. Car ownership in Troy, NY is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

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

$40,911

Median Household Income

± $2,226

20k

Number of Households

± 902

In 2017, the median household income of the 20k households in Troy, NY grew to $40,911 from the previous year's value of $39,847.

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.

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Housing

Property Value

$144,400

2017 Median

± $4,617

$144,300

2016 Median

± $4,173

In 2017, the median property value in Troy, NY grew to to $144,400 from the previous year's value of $144,300.

The following charts display, first, the property values in Troy, NY compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Troy, NY the largest share of households have a property value in the $150k - $175k range.

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Property Taxes

$3k+

Average Range

This chart shows the households in Troy, NY 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.

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Rent vs Own

36.8%

2017 Homeownership

37.6%

2016 Homeownership

In 2017, 36.8% of the housing units in Troy, NY were occupied by their owner. This percentage declined from the previous year's rate of 37.6%.

This percentage of owner-occupation is lower than the national average of 63.9%. This chart shows the ownership percentage in Troy, NY compared it's parent and neighboring geographies.

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Transportation

Car Ownership

2 cars

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 2 cars, followed by 1 car.

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Commute Time

21.6 minutes

Average Travel Time

Using averages, employees in Troy, NY have a shorter commute time (21.6 minutes) than the normal US worker (25.1 minutes). Additionally, 2.92% 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.

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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    66.4%

  2. Carpooled

    11.5%

  3. Walked

    10.4%

In 2017, the most common method of travel for workers in Troy, NY was Drove Alone, followed by those who Carpooled and those who Walked.

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