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
| Share of income spent on rent | Troy | Rensselaer County | New York | United 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 more | 44.4% (±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
| Troy | Rensselaer County | New York | United States | |
|---|---|---|---|---|
| Paying 30% or more | 52.7% (±4.8 points) | 47.5% (±3.4 points) | 52.1% (±0.4 points) | 51.1% |
| Paying 35% or more | 44.4% (±4.5 points) | 38.8% (±3.0 points) | 43.1% (±0.3 points) | 41.9% |
| Median share of income | 31.6% (±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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Troy | — | 52.7% (±4.8 points) | — |
| Town of Green Island | 1.2 mi | 46.2% (±14.4 points) | Not measurably different |
| Village of Green Island | 1.2 mi | 46.2% (±14.4 points) | Not measurably different |
| Watervliet | 1.8 mi | 49.8% (±10.9 points) | Not measurably different |
| Cohoes | 3.0 mi | 48.6% (±9.9 points) | Not measurably different |
| Wynantskill | 3.6 mi | 53.8% (±35.8 points) | Not measurably different |
| Latham | 3.8 mi | 37.3% (±9.7 points) | Lower |
| Village of Waterford | 3.9 mi | 26.5% (±11.4 points) | Lower |
| Village of Menands | 4.0 mi | 34.7% (±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
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Town of East Greenbush | 56.1% (±10.8 points) |
| 2 | Town of Schodack | 54.8% (±13.8 points) |
| 3 | Troy | 52.7% (±4.8 points) |
| 4 | Town of Pittstown | 49.5% (±42.4 points) |
| 5 | Town of Petersburgh | 43.2% (±59.7 points) |
| 6 | Town of Poestenkill | 43.1% (±40.4 points) |
| 7 | Town of Hoosick | 43.0% (±17.4 points) |
| 8 | Town of North Greenbush | 39.7% (±11.1 points) |
| 9 (tie) | Rensselaer | 36.7% (±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.
What you can do on Seayora in Troy
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Troy, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Troy beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Troy, and send estimates and invoices from your phone.
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Troy city, Rensselaer County, New York
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Troy city, Rensselaer County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Troy city, Rensselaer County, New York
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.
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 .
Related
- Housing in Troy at a glance
- Median rent in Troy
- Rent by bedrooms in Troy
- Renters and owners in Troy
- Income and affordability in Troy
- Home values in Troy
- Homeowner costs in Troy
- Property taxes in Troy
- Types of homes in Troy
- Bedrooms in Troy
- Age of homes in Troy
- Vacancy rate in Troy
- Heating fuel in Troy
- Commute and cars in Troy
- Crime reported to police in Troy
- Population growth in Troy
- How long people stay in Troy
- Crowding and facilities in Troy
- Local landlord and tenant rules in Troy
- New York landlord and tenant rules
- Housing across Rensselaer County
- New York places ranked by rent burden
- Housing data for every place in New York