Troy, NY
REAL ESTATE & DEMOGRAPHIC DATA






Troy profile


Living in Troy


Troy is a larger medium-sized city located in the state of New York. With a population of 49,154 people and 18 constituent neighborhoods, Troy is the 20th largest community in New York. Much of the housing stock in Troy was built prior to World War II, making it one of the older and more historic cities in the country.

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Troy is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Troy is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Troy who work in office and administrative support (13.73%), sales jobs (8.41%), and teaching (8.33%).

Also of interest is that Troy has more people living here who work in computers and math than 95% of the places in the US.

In addition, Troy is a college town. There are a lot of students in Troy attending college, and as a result Troy provides a number of services, amenities and opportunities geared to the needs and activities of students.

Troy, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.

A lot of people in Troy take the bus for their daily commute. For the size of the city, the number of people who use public transportation is quite high. For many people in Troy, this fills their need for low-cost transportation.

In terms of college education, Troy is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 26.84% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in Troy in 2018 was $25,689, which is lower middle income relative to New York, and middle income relative to the rest of the US. This equates to an annual income of $102,756 for a family of four. However, Troy contains both very wealthy and poor people as well.

Troy is an extremely ethnically-diverse city. The people who call Troy home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Troy residents report their race to be White, followed by Black or African-American. Important ancestries of people in Troy include Irish, Italian, German, English, and French.

The most common language spoken in Troy is English. Other important languages spoken here include Spanish and Chinese.