Everything You Should Know Before Moving to Troy, NY
Thinking about moving to Troy, NY? With a population of just over 50,000, Troy offers affordable living with a median home price of $221,000 and average rents around $1,200. Commute times are short (about 23 minutes), and you'll find a vibrant college town atmosphere thanks to RPI. While the cost of living is below the national average, crime rates are higher than average, so neighborhoods should be chosen with care. Education options include public, private, and top-tier colleges, and you'll enjoy four distinct seasons with plenty of sunny days.
Demographics - Troy, NY
Troy, NY is home to approximately 50,790 residents, with a youthful median age of 31.1 years and a diverse community where 10.5% speak a language other than English at home. The city has a population density of about 4,600 people per square mile and is predominantly White, with notable Black and Asian populations.
Population:
50,790
Density:
4,600 per sq mi
Median Age:
31.1
Gender Ratio:
95 males per 100 females
Non-English Speakers Percentage:
10.5%
Ethnic Composition
White:
73.2%
Black:
12.0%
Asian:
4.5%
Others:
10.3%
Cost Of Living
What is the average cost of living in Troy, NY?
Living in Troy is relatively affordable compared to national averages, with a median home value of $221,000 and average rents near $1,200 per month. The cost of living index is 94.3, indicating lower housing and transportation costs, though utilities are slightly above the average.
Median House Value:
$221,000
Gross Rent:
$1,200
Monthly Electricity Charges:
$105
Auto Insurance:
$1,670
House Owner Cost With Mortgage:
$1,320
House Owner Cost Without Mortgage:
$540
State Taxes:
Low:
4.0%
|
High:
10.9%
Cost Of Living Index:
94.3
Grocery:
97.6
Housing:
82.2
Utilities:
105.4
Transportation:
89.0
Health Care:
100.2
Miscellaneous:
92.0
Crime
Is Troy, NY a safe place to live?
Crime rates in Troy are higher than the national average, with a chance of experiencing property crime at 1 in 50 and violent crime at 1 in 231. Prospective residents should assess neighborhoods carefully for safety considerations.
Violent Crimes Per 100k:
432
Property Crimes Per 100k:
2,010
Crime Index:
2,442
Chance Of Violent Crime:
1 in 231
Chance Of Property Crime:
1 in 50
Weather
What is the weather like in Troy, NY year-round?
Troy experiences all four seasons, featuring cold winters with lows around 16°F and warm summers that reach up to 83°F. The area receives about 37.7 inches of annual rainfall and enjoys sunshine on 53% of days, offering a balanced climate for outdoor activities.
Winter
Min:
16°F
Max:
34°F
Spring
Min:
39°F
Max:
67°F
Summer
Min:
60°F
Max:
83°F
Fall
Min:
42°F
Max:
68°F
Average Rainfall Inches:
37.7 inches
Sunny Days Percentage:
53%
Neighbors
The median household income in Troy is about $49,700, and the community has a poverty rate of 20.1%. Most residents have at least a high school education, and the average commute time is a manageable 23 minutes.
Median Income:
$27,500
Household Income:
$49,700
Family Income:
$64,200
Per Capita Income:
$25,100
Income Male:
$34,800
Income Female:
$29,600
Poverty Rate:
20.1%
Non English Speakers:
10.5%
Rent:
$1,200
Unemployment Rate:
5.8%
Public Transport Usage:
8.1%
Commute Time:
22.7 minutes
Education
High School or Higher:
88.6%
Bachelors or More:
23.8%
Education
How are the schools in Troy, NY?
Troy provides a range of educational opportunities, from well-rated public and private schools to renowned colleges such as Rensselaer Polytechnic Institute and Hudson Valley Community College. Class sizes tend to be moderate, supporting a strong learning environment.
Public Schools
Name:
Troy High School
Street:
1950 Burdett Ave
Phone:
518-328-5401
Students:
1,200
Student Teacher Ratio:
14.5
Name:
Carroll Hill School
Street:
112 Delaware Ave
Phone:
518-328-5700
Students:
410
Student Teacher Ratio:
13.8
Private Schools
Name:
La Salle Institute
Street:
174 Williams Rd
Phone:
518-283-2500
Students:
420
Colleges
Name:
Rensselaer Polytechnic Institute
City:
Troy
State:
NY
Distance:
0 miles
Students:
7,600
Name:
Hudson Valley Community College
City:
Troy
State:
NY
Distance:
3 miles
Students:
8,200
Healthcare
Troy offers access to major hospitals like Samaritan Hospital and is close to Albany Medical Center, ensuring quality emergency and general care. With 94.8% of residents having health insurance coverage and 2.3 physicians per 1,000 people, healthcare services are widely available.
Major Hospitals
Name:
Samaritan Hospital
Address:
2215 Burdett Ave, Troy, NY 12180
Phone:
(518) 271-3300
Type:
General & Surgical
Emergency Services:
Yes
Name:
Albany Medical Center
Address:
43 New Scotland Ave, Albany, NY 12208
Phone:
(518) 262-3125
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
94.8%
Health Care Index:
71.2
Housing Market
What is the housing market like in Troy, NY?
The housing market in Troy is accessible, with a median home price of $221,000 and average rent for a two-bedroom at $1,200. Homeownership is less common than renting, and the area has seen home values appreciate by over 5% in the past year.
Median Home Price:
$221,000
Average Rent For 2 Bedroom:
$1,200
Owner Occupied Rate:
36.5%
Rental Vacancy Rate:
8.2%
Home Appreciation Rate (1yr):
5.2%
New Construction Rate:
0.9%
Foreclosure Rate:
0.7%
DMV Information
Residents can access DMV services locally at the New York State Department of Motor Vehicles office on Seventh Ave in Troy, or online through the official state DMV website. This makes vehicle registration and licensing convenient for locals.
State:
New York
Department:
New York State Department of Motor Vehicles
Address:
1600 Seventh Ave, Troy, NY 12180
Phone:
1-518-486-9786
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.