This data is based on ZIP codes 12180, 12182.
The U.S. Census reports business data by ZIP code, not city boundaries. Some businesses just outside city limits may be included, and vice versa.
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Troy ZIP Area Economy · 2023
Wages -19% vs. avg. Rensselaer Co. town
Troy's ZIP area supports 21,842 jobs across 1,367 businesses, with workers earning an average of $56K per year, 19% below the Rensselaer County average. The economy is well-diversified (0.85 index), led by healthcare and food & accommodation. 86% of businesses have fewer than 20 employees, and each business employs an average of 16.0 people. Jobs grew 8.3% from the prior year while business count declined 3.3%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Rensselaer Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
1,367 businesses by employee count. 86% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Economic Densityi
0.43
jobs per resident
16.0
employees per business
County avg: 16.1-1%
$24K
payroll per resident
$898K
payroll per business
Troy ZIP Area vs. Avg. Rensselaer Co. Towni
All Industries in ZIP Areai
| Sector | Troy ZIP | Avg. Rensselaer Co. | Spec. |
|---|---|---|---|
| Healthcare | 233 | 40 | 1.3x |
| Food & Accommodation | 212 | 41 | 1.1x |
| Retail Trade | 188 | 45 | 0.9x |
| Professional Services | 141 | 29 | 1.1x |
| Construction | 136 | 40 | 0.7x |
| Other Services | 136 | 33 | 0.9x |
| Real Estate | 51 | 8 | 1.4x |
| Finance & Insurance | 49 | 10 | 1.1x |
| Manufacturing | 47 | 10 | 1.0x |
| Admin Services | 47 | 16 | 0.6x |
| Wholesale Trade | 33 | 10 | 0.7x |
| Information | 32 | 6 | 1.2x |
| Arts & Entertainment | 16 | 3 | 1.2x |
| Education | 15 | 2 | 1.6x |
| Transportation | 14 | 4 | 0.8x |
| Management | 6 | 1 | 1.3x |
| Utilities | 3 | 1 | 0.7x |