Troy, NY Real Estate
According to census data in the year 2000 there were 23,093 housing units in Troy.
This represents a 1% growth from 22,871 in 1990.
Of those housing units, 23,093 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Troy is about 40.1%.
Troy's vacancy rate, including seasonal lodging, is about 13.4%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Troy were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 18.10% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 31.90% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $88,000 |
| Median Price asked for vacant units | $81,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $422 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 50.30% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
