HomeNew YorkRensselaer CountyTroy city
Troy city, New York: commercial real estate data.
Troy city 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.
81 sourced place values · tier FULL · 9 sections · 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$105,000
- Ninetieth percentile approval$850,000
- Largest approval$4,650,000
- Jobs supported805
- Jobs per approval11.8
- Loans with a final outcome19
- Paid in full16
- Charged off3
- Charge-off rate over resolved loans15.8 percent
- 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
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$185,000
- Largest approval$1,440,000
- Jobs supported143
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Troy
Flood risk in Troy
- Listed NFIP communities1
- Of those, participating1
- NFIP community number360677
- Currently effective map date03/18/80
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Rensselaer County, not Troy
Rensselaer County context, not Troy figures
These are Rensselaer County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Troy measurements.
- Establishments in Rensselaer County2,985
- Employment at those establishments, Rensselaer County46,817
- Covered employment, Rensselaer County56,791
- Average annual pay, Rensselaer County$78,789
- Average weekly wage, Rensselaer County$1,515
- Housing units permitted, Rensselaer County320
- Of those, single family, Rensselaer County160
- County product, 2024, Rensselaer County$15,508,277,000
- County product change over the prior year, Rensselaer County5.7 percent
- Average income of an arriving household, Rensselaer County$59,927
Every figure in this section is published for Rensselaer County as a whole and is not a measurement of Troy. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $21.9 m, across 19 lenders, median approval $105,000, plus 12 504 approvals worth $4.3 m. 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?
Of the 19 loans that have reached a final outcome, 16 were paid in full and 3 charged off, a charge off rate of 15.8 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Troy in the National Flood Insurance Program?
Yes. Troy appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.