Troy is a larger medium-sized city located in the state of New York. With a population of 50,895 people and 20 associated neighborhoods, Troy is the 19th 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.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.79% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Troy is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Troy enrolled in college, Troy has a number of services, amenities and opportunities geared towards the needs and activities of students.
Not only is Troy a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a decent-sized population of people who are young, single, educated, and upwardly-mobile. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
Troy has a lot of people who ride the bus to and from work. In fact, for its size, Troy has quite a high level of public transit users. Troy’s need for inexpensive transportation options for its citizens is quite high.
The overall education level of Troy citizens is substantially higher than the typical US community, as 33.52% of adults in Troy have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in Troy in 2022 was $33,743, 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 $134,972 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.