How many renters in Troy, NY pay more than 30% of their income on rent?

52.7% (±4.8 points) of renting households in Troy, NY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

44.4% spend 35% or more.

The median renting household spends 31.6% of its income on rent.

Figures last updated on .

Paying 30% or more
52.7% (±4.8 points)
Paying 35% or more
44.4% (±4.5 points)
Median share of income
31.6% (±2.6 points)

Rent as a share of income in Troy

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentTroyRensselaer CountyNew YorkUnited States
Less than 15%12.4% (±2.1 points)14.4%14.0%12.6%
15% to 19.9%12.9% (±3.0 points)14.3%11.7%12.2%
20% to 24.9%10.3% (±2.3 points)12.2%11.5%12.6%
25% to 29.9%11.7% (±2.6 points)11.6%10.7%11.5%
30% to 34.9%8.3% (±1.8 points)8.7%9.0%9.2%
35% or more44.4% (±4.5 points)38.8%43.1%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Troy against Rensselaer County, its state and the nation

Estimate (90% margin of error)
TroyRensselaer CountyNew YorkUnited States
Paying 30% or more52.7% (±4.8 points)47.5% (±3.4 points)52.1% (±0.4 points)51.1%
Paying 35% or more44.4% (±4.5 points)38.8% (±3.0 points)43.1% (±0.3 points)41.9%
Median share of income31.6% (±2.6 points)28.9% (±1.2 points)31.2% (±0.3 points)30.6%
Median renter household income$41,129 (±$2,599)$48,621 (±$5,500)$57,803 (±$395)$52,966
Median gross rent$1,175 (±$29)$1,217 (±$26)$1,621 (±$7)$1,413

In Troy, the share of renters paying 30% or more of income is not measurably different from Rensselaer County (47.5%).

It is not measurably different from New York (52.1%).

It is not measurably different from the national figure (51.1%).

In Rensselaer County, Troy ranks 3 of 16 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 311 of 999.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Troy

Nearest places with a published estimate, compared with Troy
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Troy—52.7% (±4.8 points)—
Town of Green Island1.2 mi46.2% (±14.4 points)Not measurably different
Village of Green Island1.2 mi46.2% (±14.4 points)Not measurably different
Watervliet1.8 mi49.8% (±10.9 points)Not measurably different
Cohoes3.0 mi48.6% (±9.9 points)Not measurably different
Wynantskill3.6 mi53.8% (±35.8 points)Not measurably different
Latham3.8 mi37.3% (±9.7 points)Lower
Village of Waterford3.9 mi26.5% (±11.4 points)Lower
Village of Menands4.0 mi34.7% (±16.8 points)Lower

Nearby places with a measurably lower figure: Latham, NY (37.3%), Village of Waterford, NY (26.5%), Village of Menands, NY (34.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Rensselaer County, place by place

RankPlaceRenters paying 30% or more of income
1Town of East Greenbush56.1% (±10.8 points)
2Town of Schodack54.8% (±13.8 points)
3Troy52.7% (±4.8 points)
4Town of Pittstown49.5% (±42.4 points)
5Town of Petersburgh43.2% (±59.7 points)
6Town of Poestenkill43.1% (±40.4 points)
7Town of Hoosick43.0% (±17.4 points)
8Town of North Greenbush39.7% (±11.1 points)
9 (tie)Rensselaer36.7% (±9.0 points)

Showing 9 of 16 places in Rensselaer County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Troy

Are renters in Troy rent-burdened?

52.7% of renting households in Troy pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Troy spend on rent?

The median renting household in Troy, NY spends 31.6% (±2.6 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Troy city, Rensselaer County, New York (county subdivision:75484, in state:36 county:083).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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