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CITY

Troy

New York · 50,912 residents (2025 est.) · 10.357 sq mi
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The short version

Troy has notably lower household income than the US average, with a median household income of $58,477. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $206,500. At a median age of 32.3, residents skew younger than the country as a whole. The poverty rate of 23.4% is well above the national figure. Households here earn about 32% less than the New York median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 32.3
US median: 38.9
Average education
37% hold a bachelor's degree
US average: 36%
Less affordable
home values up 33%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
51,033
+4%since 2000
from 49,170 in 2000
1990 – 2025
Population density
4,927 / sq mi
+4%since 2000
from 4,748 / sq mi in 2000
US average: 281
Median age
32.3
+2%since 2000
from 31.7 in 2000
US average: 38.9

PEP 2025 EST:50,912 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
47K49K51K53K55K1990201020202024Troy
202451K
1990201020202024
Section 02

Income & economy

Median household income
$58,477
+8%inflation adjusted, since 2000
from $29,844 in 2000
US average: $82,259
1990 – 2024
Per capita income
$35,237
+110%since 2000
from $16,796 in 2000
US average: $44,673
Households earning $100K+
41.9%
+21.3 ptssince 2009
from 20.6% in 2009
US average: 53.3%
Poverty rate
23.4%
+4.3 ptssince 2000
from 19.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.476
+6%since 2010
from 0.447 in 2010
US average: 0.476
Workforce by industry, 2024
Information7.9%
US avg: 10.8%
Retail trade6.8%
US avg: 9.9%
Other services6.5%
US avg: 6.7%
Public administration5%
US avg: 4.8%
Finance & insurance4.4%
US avg: 5.9%
Professional, scientific, technical3.9%
US avg: 5.1%
Wholesale trade3%
US avg: 6.9%
Arts, entertainment, food1.9%
US avg: 1.9%
Transportation & warehousing0.9%
US avg: 2.2%
Agriculture, forestry, fishing0.5%
US avg: 1.6%
Construction0.5%
US avg: 1.2%
Education & health services0.4%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$206,500
+33%inflation adjusted, since 2000
from $85,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,175
+24%inflation adjusted, since 2000
from $519 in 2000
US average: $1,442
Owner-occupied
37.4%
−2.8 ptssince 2000
from 40.1% in 2000
62.6% rent
Vacancy rate
14.3%
−1.4 ptssince 2009
from 15.7% in 2009
US average: 10.0%
Owner cost-burdened
19.7%
−9.3 ptssince 2009
from 29.0% in 2009
US average: 22.9%
Renter cost-burdened
50.7%
+5.0 ptssince 2009
from 45.7% in 2009
US average: 47.4%
Afford Score
3.5
+24%since 2000
from 2.9 in 2000
1990 – 2024
Gentrification Score
64
RELATED:See current rent listings in Troy on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic78.7%(38,711)
Black11%(5,389)
Hispanic / Latino4.3%(2,131)
Asian3.5%(1,708)
Other0%
Diversity Score41.5%(20,409)
2024
White, non-Hispanic61.4%(31,311)
Black15.5%(7,914)
Hispanic / Latino10.3%(5,276)
Asian3.9%(2,000)
Other8.9%(4,532)
Diversity Score72.4%(36,961)
Diversity Score
72
+74%since 2000
from 42 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
37.3%
+18.0 ptssince 2000
from 19.4% in 2000
US average: 35.6%
High school or higher
89.0%
+11.2 ptssince 2000
from 77.7% in 2000
US average: 89.6%
Graduate degree
15.6%
+7.3 ptssince 2000
from 8.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.1 min
+61%since 2000
from 13.1 min in 2000
US average: 26.5
Drive alone to work
60.9%
−4.8 ptssince 2009
from 65.7% in 2009
US average: 68.9%
Carpooled to work
8.5%
−2.7 ptssince 2009
from 11.2% in 2009
US average: 8.5%
Public transit
5.1%
−3.1 ptssince 2009
from 8.2% in 2009
US average: 3.2%
Worked from home
14.5%
+10.8 ptssince 2009
from 3.6% in 2009
US average: 15.0%
Walked to work
8.5%
−1.3 ptssince 2009
from 9.8% in 2009
US average: 2.4%
Biked to work
0.2%
Unchangedsince 2009
from 0.2% in 2009
US average: 0.4%
No vehicle available
19.7%
−0.5 ptssince 2009
from 20.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
9.1%
−2.4 ptssince 2011
from 11.5% in 2011
US average: 5.2%
Labor force participation
59.7%
−3.6 ptssince 2011
from 63.3% in 2011
US average: 63.5%
Self-employed
19.4%
+0.8 ptssince 2009
from 18.5% in 2009
US average: 13.1%
Management & professional
47.0%
−16.7 ptssince 2009
from 63.7% in 2009
US average: 42.5%
Section 08

People & community

Male
49.7%
−1.1 ptssince 2009
from 50.7% in 2009
Female
50.3%
+1.1 ptssince 2009
from 49.3% in 2009
Foreign born
8.1%
+0.2 ptssince 2009
from 7.9% in 2009
US average: 14.1%
Veterans
4.6%
−45.1 ptssince 2009
from 49.8% in 2009
US average: 6.2%
With a disability
18.5%
+4.8 ptssince 2012
from 13.7% in 2012
US average: 13.3%
Uninsured
4.6%
−87.1 ptssince 2013
from 91.7% in 2013
US average: 8.4%
Broadband at home
88.9%
+11.7 ptssince 2017
from 77.2% in 2017
US average: 91.0%
English only at home
89.1%
+1.7 ptssince 2016
from 87.4% in 2016
US average: 77.7%
Spanish at home
4.6%
−0.9 ptssince 2016
from 5.4% in 2016
US average: 13.6%
Drill deeper

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Compare Troy to nearby cities

TROY VS
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TROY VS
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TROY VS
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TROY VS
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Frequently asked

How many people live in Troy, New York?

Troy, New York has about 51,033 residents according to the 2024 American Community Survey.

What is the median household income in Troy, New York?

The typical household in Troy, New York earns about $58,477 a year. Half of households make more than that, and half make less.

Is Troy, New York expensive?

In Troy, New York, the median home is worth about $206,500, and the typical rent is about $1,175 a month.

How educated are people in Troy, New York?

About 37.3% of adults age 25 and over in Troy, New York hold a bachelor's degree or higher.

What is the poverty rate in Troy, New York?

About 23.4% of people in Troy, New York live below the federal poverty line.

Has Troy, New York grown since 1990?

Yes, Troy, New York has shrunk since 1990. The population has lost about 3,236 residents, a change of about -6 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →