Troy, NY

Census Place

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2024 Population
51,033
US Senator
Chuck Schumer
Democratic Party
US Senator
Kirsten Gillibrand
Democratic Party
2024 Median Age
32.3
2.12% 1-year decrease
2024 Poverty Rate
23.4%
1.94% 1-year decrease
2024 Median Household Income
$58,477
1.37% 1-year growth
2024 Median Property Value
$206,500
7.27% 1-year growth
2024 Employed Population
23,590
0.895% 1-year decline

About

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.

95.9% of the residents in Troy, NY are U.S. citizens.

The largest universities in Troy, NY are Rensselaer Polytechnic Institute (1,876 degrees awarded in 2023), Hudson Valley Community College (1,451 degrees), and Russell Sage College (688 degrees).

In 2024, the median property value in Troy, NY was $206,500, and the homeownership rate was 37.4%.

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 StatesNew YorkRensselaer County, NYAlbany-Schenectady-Troy, NYRensselaer County--Troy City PUMA, NYAlbany County (Outside Albany City) PUMA, NY

Population & Diversity

Troy, NY is home to a population of 51k people, from which 95.9% are citizens. As of 2024, 7.33% of Troy, NY residents were born outside of the country (3.74k people).

In 2024, there were 3.96 times more White (Non-Hispanic) residents (31.3k people) in Troy, NY than any other race or ethnicity. There were 7.91k Black or African American (Non-Hispanic) and 2.32k Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.9%
2024 Citizenship
94.5%
2023 Citizenship

As of 2024, 95.9% of Troy, NY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Troy, NY was 94.5%, meaning that the rate of citizenship has been increasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Troy, NY
  1. White (Non-Hispanic)
    31.3k ± 848
  2. Black or African American (Non-Hispanic)
    7.91k ± 843
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    2.32k ± 452
10.3%
Hispanic Population
5.28k people

In 2024, there were 3.96 times more White (Non-Hispanic) residents (31.3k people) in Troy, NY than any other race or ethnicity. There were 7.91k Black or African American (Non-Hispanic) and 2.32k Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

10.3% of the people in Troy, NY are hispanic (5.28k people).

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

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New York.
Most Common Origin
  1. Dominican Republic
    493,200 ± 17,027 people
  2. China
    410,969 ± 15,575 people
  3. Jamaica
    234,174 ± 11,811 people

In 2023, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 493,200 New York residents, followed by China with 410,969 and Jamaica with 234,174.

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Foreign-Born Population

7.33%
2024 Foreign-Born Population
3.74k people
8.73%
2023 Foreign-Born Population
4.46k people

As of 2024, 7.33% of Troy, NY residents (3.74k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Troy, NY was 8.73%, meaning that the rate has been decreasing.

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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Military

Veterans

Most Common Service Period
  1. Vietnam
    530 ± 209
  2. Gulf War (2001-)
    408 ± 271
  3. Gulf War (1990s)
    217 ± 119

Troy, NY has a large population of military personnel who served in Vietnam, 1.3 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Troy, NY.

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Economy

The economy of Troy, NY employs 23.6k people. In 2024, the largest industries in Troy, NY were Educational Services (3,376 people), Health Care & Social Assistance (3,150 people), and Professional, Scientific, & Technical Services (2,306 people), and the highest paying industries were Wholesale Trade ($85,056), Real Estate & Rental & Leasing ($70,281), and Professional, Scientific, & Technical Services ($66,333).

Employment

Occupations

23.6k
2024 Value
± 1,272
−0.895%
1 Year decline
± 7.76%

From 2023 to 2024, employment in Troy, NY declined at a rate of −0.895%, from 23.8k employees to 23.6k employees.

The most common job groups, by number of people living in Troy, NY, are Office & Administrative Support Occupations (2,563 people), Management Occupations (2,373 people), and Education Instruction, & Library Occupations (1,879 people). This chart illustrates the share breakdown of the primary jobs held by residents of Troy, NY.

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Unemployment Insurance Claims

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

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

23.6k
2024 Value
± 1,272
−0.895%
1 Year decline
± 7.76%

From 2023 to 2024, employment in Troy, NY declined at a rate of −0.895%, from 23.8k employees to 23.6k employees.

The most common employment sectors for those who live in Troy, NY, are Educational Services (3,376 people), Health Care & Social Assistance (3,150 people), and Professional, Scientific, & Technical Services (2,306 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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Median Earnings by Industry

$47,431
Median earning men ± $4,963
$41,716
Median earning women ± $1,568

The industries with the best median earnings for men in 2024 are Information ($74,375), Finance & Insurance, & Real Estate & Rental & Leasing ($66,765), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($63,130).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($61,875), Public Administration ($58,848), and Information ($58,750).

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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.

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Education

In 2023, universities in Troy, NY awarded 4,085 degrees. The student population of Troy, NY in 2023 is skewed towards men, with 9,965 male students and 8,698 female students.

Most students graduating from Universities in Troy, NY are White (2,328 and 63.3%), Asian (442 and 12%), Hispanic or Latino (321 and 8.73%), and Black or African American (285 and 7.75%).

The largest universities in Troy, NY by number of degrees awarded are Rensselaer Polytechnic Institute (1,876 and 45.9%), Hudson Valley Community College (1,451 and 35.5%), and Russell Sage College (688 and 16.8%).

The most popular majors in Troy, NY are Computer Science (305 and 7.47%), General Business Administration & Management (225 and 5.51%), and Registered Nursing (223 and 5.46%).

The median tuition cost in Troy, NY for private four year colleges is $47,783.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University
Measure

In 2023 in Troy, NY, the percentage of applicants admitted was 60.1%, while the percentage of admitted who enrolled was 16.2%. The number of students enrolled in 2023 was 18,663 (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.

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Enrollments by Gender and Races

Universities

In 2023 there were 18,663 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 10,372 records, of which 49% were women and 51% men.

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Completions

Concentrations

Most Common
  1. Computer Science
    250 degrees awarded
  2. Mechanical Engineering
    162 degrees awarded
  3. Aerospace, Aeronautical, & Astronautical Engineering
    117 degrees awarded

In 2023, the most common concentation for Bachelors Degree recipients in Troy, NY was Computer Science with 250 degrees awarded.

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

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Universities

Gender
Race
Largest Universities by degrees awarded
  1. Rensselaer Polytechnic Institute
    1,876 degrees awarded
  2. Hudson Valley Community College
    1,451 degrees awarded
  3. Russell Sage College
    688 degrees awarded

In 2023, the institution with the largest number of graduating students was Rensselaer Polytechnic Institute with 1,876 degrees awarded.

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Student Diversity

University

In 2023, 2,109 men were awarded degrees from institutions in Troy, NY, which is 1.07 times more than the 1,976 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 2,328 degrees mean that there were 5.27 times more degrees awarded to White students then the next closest race/ethnicity group, Asian, with 442 degrees awarded.

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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.

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Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($47,783) is the sector with the highest median state tuition in 2023.

Private not-for-profit, 2-year ($3,215) is the sector with the highest median state fee in 2023.

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.

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Housing & Living

The median property value in Troy, NY was $206,500 in 2024, which is 0.621 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $192,500 to $206,500, a 7.27% increase. The homeownership rate in Troy, NY is 37.4%, which is lower than the national average of 65.2%.

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.

Housing

Property

$206,500
Median Property Value 2024
±$10,306
$7,944
Median Property Taxes
±$635

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.

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Rent vs Own

37.4%
Homeownership
2024
63.8%
Homeowners with Mortgage
2024

In 2024, 37.4% of the housing units in Troy, NY were occupied by their owner. This percentage grew from the previous year's rate of 36.8%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$58,477
Median Household Income
± $4,778
21.3k
Number of Households
± 1,213

In 2024, the median household income of the 21.3k households in Troy, NY grew to $58,477 from the previous year's value of $57,688.

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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Wage Distribution

The closest comparable wage GINI for Troy, NY is from New York.
0.493
2023 Wage GINI in New York
0.494
2022 Wage GINI in New York

In 2023, the income inequality in New York was 0.493 according to the GINI calculation of the wage distribution. Income inequality had a 0.0797% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New York was higher than than the national average of 0.476. 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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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (60.9%)
  2. Worked At Home (14.5%)
  3. Walked (8.52%)

In 2024, 60.9% of workers in Troy, NY drove alone to work, followed by those who worked at home (14.5%) and those who walked to work (8.52%).

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.

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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 (26.4 minutes). Additionally, 1.84% 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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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.

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Poverty

Poverty & Diversity

23.4% of the population for whom poverty status is determined in Troy, NY (10.7k out of 45.8k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males 18 - 24 and then Females 18 - 24.

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

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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Health

95.4% of the population of Troy, NY has health coverage, with 39.9% on employee plans, 29.8% on Medicaid, 10.1% on Medicare, 14.3% on non-group plans, and 1.29% on military or VA plans.

Primary care physicians in New York see 1,245 patients per year on average, which represents a 0% change from the previous year (1,245 patients). Compare this to dentists who see 1205 patients per year, and mental health providers who see 265 patients per year.

By gender, of the total number of insured persons, 49.6% were men and 50.4% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 20.7% under 18 years, 34% between 18 and 34 years, 32.2% between 35 and 64 years, and 13.1% over 64 years.

By gender, of the total number of insured persons, 49.6% were men and 50.4% were women.

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

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Uninsured People

4.57%
Uninsured
39.9%
Employer Coverage
29.8%
Medicaid
10.1%
Medicare
14.3%
Non-Group
1.29%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Troy, NY grew by 9.31% from 4.18% to 4.57%.

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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