HomeNew YorkRensselaer CountyTroy
Troy, New York: commercial real estate data.
Troy is a Census city of 51,033 people across 10.36 square miles of land, in Rensselaer County. Median household income is $58,477, 37.4 percent of occupied homes are owned, and the SBA record carries 68 7(a) approvals to borrowers here worth $21.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Troy
What Troy is
- Census place typecity
- Land area10.36 sq mi
- Water area0.7 sq mi
- Population per square mile of land4,927
- County holding the largest share of its areaRensselaer County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
How many people live in Troy
- Population51,033
- Median age32.3
- Population under 188,783
- Share under 1817.2 percent
- Population 65 and over6,791
- Share 65 and over13.3 percent
- Households21,265
- Family households9,452
- Share of households that are families44.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
Income and work in Troy
- Median household income$58,477
- Per capita income$35,237
- Civilian labor force25,964
- Employed23,590
- Unemployed2,374
- Unemployment rate9.1 percent
- Adults 25 and over32,474
- Adults 25 and over with a high school diploma or higher89.0 percent
- Adults 25 and over with a bachelor degree or higher37.3 percent
- Adults 25 and over with a graduate degree15.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
Housing in Troy
- Housing units24,818
- Occupied units21,265
- Vacant units3,553
- Vacancy rate14.3 percent
- Owner occupied7,944
- Renter occupied13,321
- Ownership rate37.4 percent
- Median owner-occupied home value$206,500
- Median gross rent, monthly$1,175
- Annual rent as a share of median income24.1 percent
- Single family units7,079
- Share single family28.5 percent
- Units in buildings of two or more17,627
- Share in buildings of two or more71.0 percent
- Mobile homes95 plus or minus 68
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
How Troy gets to work
- Workers 16 and over who commute19,561
- Commuting under 15 minutes6,153
- Share commuting under 15 minutes31.5 percent
- Commuting 30 minutes or more4,171
- Share commuting 30 minutes or more21.3 percent
- Drove alone60.9 percent
- Carpooled8.5 percent plus or minus 1.7
- Public transport5.1 percent plus or minus 1.2
- Walked8.5 percent plus or minus 1.8
- Worked from home14.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Troy
SBA loans in Troy (7(a))
- Approvals68
- Gross approval$21,858,500
- Average approval$321,449
- Median approval$102,500
- Ninetieth percentile approval$811,500
- Largest approval$4,650,000
- Jobs supported805
- Jobs per approval11.8
- Loans with a final outcome19
- Paid in full16
- Charged off3
- Median term120 months
- Share on real estate terms of 20 years or more2.9 percent
- Share to franchises5.9 percent
- Distinct lenders19
- Distinct industries by NAICS48
Counted by borrower city: approvals to borrowers whose address is in Troy, in any county, FY2020 to FY2026. Only 19 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Troy
SBA loans in Troy (504)
- Approvals12
- Gross approval$4,346,000
- Average approval$362,167
- Median approval$180,000
- Largest approval$1,440,000
- Jobs supported143
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Troy, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Troy
Flood risk in Troy
- NFIP communityCity of Troy
- NFIP community number360677
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/18/80
The City of Troy participates in the National Flood Insurance Program as community 360677 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Rensselaer County, not Troy
Rensselaer County context, not Troy figures
- Establishments in Rensselaer County2,985
- Covered employment, Rensselaer County56,791
- Average annual pay, Rensselaer County$78,789
- Housing units permitted, Rensselaer County320
Every figure in this section is published for Rensselaer County as a whole and is not a measurement of Troy.
All Rensselaer County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Troy questions, answered from the record.
How many people live in Troy, New York?
51,033, in 21,265 households. Troy city covers 10.36 square miles of land, which is 4,927 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Troy in?
Rensselaer County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Troy?
$58,477. The median owner-occupied home is valued at $206,500. Median gross rent is $1,175 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Troy businesses?
68 7(a) approvals totaling $21.9 m since FY2020, across 19 lenders, median approval $102,500, plus 12 504 approvals worth $4.3 m since FY2010. These count approvals to borrowers whose address is in Troy, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Troy borrowers get paid back?
No rate is published for Troy. Only 19 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Troy in the National Flood Insurance Program?
Yes. Troy appears in the FEMA Community Status Book as Troy, city of, community 360677, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Troy figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Rensselaer County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Troy.
Is zoning published for Troy?
No. Nothing on this page presents parcel level zoning.