Troy, New York Population

Troy, New York has a population of 51,240, with a median household income of $62,400.

Current population data for Troy.

51,240

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Population

51,240

💰

Median Income

$62,400

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Unemployment

4.90%

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Housing Price

$248,600

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Crime Rate

0.50

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Internet Speed

198.70 Mbps

Troy is a smaller urban community located in New York. The city has a population that is above the average city population in New York, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Troy is a notable city in New York, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Troy has a population of 51,240, which is higher than the state average. This indicates a relatively larger urban presence within New York.

Income and Economy

The median household income in Troy is $62,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Troy is about $248,600, making it relatively affordable compared to many cities in New York.

Employment and Safety

The unemployment rate in Troy is 4.90%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Troy are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New York, Troy shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Troy offers a balanced mix of economic conditions, population trends, and housing opportunities within New York.

Frequently Asked Questions about Troy

What is the population of Troy?

The population of Troy is approximately 51,240.

Is Troy a good place to live?

Troy offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Troy?

The median household income in Troy is around $62,400.

How expensive is housing in Troy?

The average housing price in Troy is approximately $248,600.