Albany, Schenectady, Troy Metro Area Housing
As of 2010-2014, median price of a house in Albany, Schenectady, Troy Area is $196,800, which is lower than the state average of $283,700 and is higher than the national average of $175,700. The median year that a house in Albany, Schenectady, Troy Area was built is 1962, which is newer than the median year for a house built in the state which is 1956 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 226,423 Owner Occupied Houses in Albany, Schenectady, Troy Area, #121| Albany, Schenectady, Troy Area | 196,800 USD |
| New York | 283,700 USD |
| U.S. | 175,700 USD |
Median House Price Growth Since 2005-2009, see rank
| Albany, Schenectady, Troy Area | 9.39% |
| New York | 90.79% |
| U.S. | 46.91% |
*The Albany, Schenectady, Troy Area median house price growth rate is since 2005-2009. The New York and U.S population growth rate is since 2000.
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
| Albany, Schenectady, Troy Area | New York | U.S. | |
| Total Housing Units | 395,107, see rank, 100% | 8,153,309 | 132,741,033 |
| Occupied Housing Units | 347,401, 87.93%, see rank | 88.99% | 87.55% |
| Owner Occupied | 226,423, 57.31%, see rank | 47.92% | 56.34% |
| Renter Occupied | 120,978, 30.62%, see rank | 41.07% | 31.21% |
| Vacant Housing Units | 47,706, 12.07%, see rank | 11.01% | 12.45% |
| For Rent | 6,518, 1.65%, see rank | 1.92% | 2.34% |
| For Sale Only | 3,491, 0.88%, see rank | 0.87% | 1.20% |
| Rented or Sold, Not Occupied | 3,623, 0.92%, see rank | 0.95% | 0.92% |
| For Seasonal, Recreational, or Occasional Use | 11,526, 2.92%, see rank | 3.84% | 3.97% |
| For Migrant Workers | 54, 0.01%, see rank | 0.01% | 0.03% |
| Other Vacant | 22,494, 5.69%, see rank | 3.42% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #752| Albany, Schenectady, Troy Area | New York | U.S. |
| 1962 | 1956 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
| Albany, Schenectady, Troy Area | % | New York | U.S. | |
| Owner-Occupied Units | 226,423 | 100% | 3,906,991 | 74,787,460 |
| With a Mortgage | 148,586 | 65.62%, see rank | 63.75% | 65.58% |
| Without a Mortgage | 77,837 | 34.38%, see rank | 36.25% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
| Albany, Schenectady, Troy Area | 1,645 USD |
| New York | 2,042 USD |
| U.S. | 1,522 USD |
Owner Costs Distribution
| Monthly Owner Costs | Albany, Schenectady, Troy Area | % | New York | U.S. |
| $299 or Less | 120 | 0.08%, see rank | 0.18% | 0.20% |
| $300 to $499 | 1,412 | 0.95%, see rank | 0.98% | 1.59% |
| $500 to $699 | 3,737 | 2.52%, see rank | 2.98% | 5.01% |
| $700 to $999 | 13,231 | 8.90%, see rank | 9.38% | 14.32% |
| $1,000 to $1,499 | 42,017 | 28.28%, see rank | 19.20% | 27.90% |
| $1,500 to $1,999 | 42,870 | 28.85%, see rank | 16.14% | 20.35% |
| $2,000 to $2,999 | 34,709 | 23.36%, see rank | 25.21% | 19.52% |
| $3,000 or More | 10,490 | 7.06%, see rank | 25.94% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
| Albany, Schenectady, Troy Area | 22.50% of the Total Income |
| New York | 25.30% of the Total Income |
| U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
| Albany, Schenectady, Troy Area | % | New York | U.S. | |
| 10% or Less | 8,883 | 5.98%, see rank | 5.96% | 5.86% |
| 10% to 20% | 51,706 | 34.80%, see rank | 28.39% | 31.95% |
| 20% to 30% | 45,178 | 30.41%, see rank | 26.11% | 27.64% |
| 30% to 40% | 19,136 | 12.88%, see rank | 14.22% | 13.74% |
| 40% or More | 23,341 | 15.71%, see rank | 24.87% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
| Albany, Schenectady, Troy Area | 610 USD |
| New York | 710 USD |
| U.S. | 457 USD |
Owner Costs Distribution
| Monthly Owner Costs | Albany, Schenectady, Troy Area | % | New York | U.S. |
| $199 or Less | 1,848 | 2.37%, see rank | 5.20% | 7.76% |
| $200 to $299 | 5,129 | 6.59%, see rank | 5.70% | 14.70% |
| $300 to $499 | 19,369 | 24.88%, see rank | 18.86% | 34.63% |
| $500 to $699 | 22,122 | 28.42%, see rank | 19.69% | 21.16% |
| $700 or More | 29,369 | 37.73%, see rank | 50.55% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
| Albany, Schenectady, Troy Area | 13.40% of the Total Income |
| New York | 14.90% of the Total Income |
| U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
| Albany, Schenectady, Troy Area | % | New York | U.S. | |
| 10% or Less | 27,560 | 35.41%, see rank | 30.96% | 40.19% |
| 10% to 20% | 26,462 | 34.00%, see rank | 31.75% | 31.47% |
| 20% to 30% | 10,671 | 13.71%, see rank | 14.54% | 12.24% |
| 30% to 40% | 4,592 | 5.90%, see rank | 7.45% | 5.64% |
| 40% or More | 7,893 | 10.14%, see rank | 14.27% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
| Albany, Schenectady, Troy Area | New York | U.S. | |
| Total Housing Units | 395,107, 100% | 8,153,309 | 132,741,033 |
| 1-unit, Detached | 227,448, 57.57%, see rank | 41.93% | 61.65% |
| 1-unit, Attached | 14,892, 3.77%, see rank | 4.95% | 5.82% |
| 2 Units | 51,562, 13.05%, see rank | 10.61% | 3.75% |
| 3 or 4 Units | 30,004, 7.59%, see rank | 7.39% | 4.43% |
| 5 to 9 Units | 20,526, 5.20%, see rank | 5.27% | 4.78% |
| 10 or More Units | 36,198, 9.16%, see rank | 27.40% | 13.08% |
| Mobile Home, Boat, RV, Van, etc. | 14,477, 3.66%, see rank | 2.45% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
| Albany, Schenectady, Troy Area | New York | U.S. | |
| Total Housing Units | 395,107, 100% | 8,153,309 | 132,741,033 |
| 1 Room | 5,032, 1.27%, see rank | 3.74% | 1.95% |
| 2 Rooms | 8,326, 2.11%, see rank | 3.69% | 2.48% |
| 3 Rooms | 35,729, 9.04%, see rank | 15.28% | 9.13% |
| 4 Rooms | 61,853, 15.65%, see rank | 18.50% | 16.60% |
| 5 Rooms | 67,779, 17.15%, see rank | 16.75% | 20.41% |
| 6 Rooms | 77,799, 19.69%, see rank | 15.01% | 18.06% |
| 7 Rooms | 51,352, 13.00%, see rank | 10.26% | 12.27% |
| 8 Rooms | 39,960, 10.11%, see rank | 7.56% | 8.48% |
| 9 Rooms or More | 47,277, 11.97%, see rank | 9.20% | 10.60% |
| Median Rooms | 5.70, see rank | 5.00 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
| Albany, Schenectady, Troy Area | New York | U.S. | |
| Total Housing Units | 395,107, 100% | 8,153,309 | 132,741,033 |
| No Bedroom | 5,863, 1.48%, see rank | 4.29% | 2.17% |
| 1 Bedroom | 48,307, 12.23%, see rank | 19.68% | 11.16% |
| 2 Bedrooms | 104,574, 26.47%, see rank | 26.84% | 26.69% |
| 3 Bedrooms | 150,630, 38.12%, see rank | 31.52% | 39.70% |
| 4 Bedrooms | 70,294, 17.79%, see rank | 13.27% | 16.05% |
| 5 or More Bedrooms | 15,439, 3.91%, see rank | 4.40% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
| Albany, Schenectady, Troy Area | New York | U.S. | |
| Total Housing Units | 347,401, 100% | 7,255,528 | 116,211,092 |
| Utility Gas | 206,925, 59.56%, see rank | 56.12% | 48.85% |
| Bottled, Tank, or LP Gas | 18,277, 5.26%, see rank | 3.36% | 4.86% |
| Electricity | 48,991, 14.10%, see rank | 10.26% | 36.68% |
| Fuel Oil, Kerosene, etc. | 56,247, 16.19%, see rank | 26.24% | 5.86% |
| Coal or Coke | 355, 0.10%, see rank | 0.26% | 0.12% |
| Wood | 12,833, 3.69%, see rank | 2.04% | 2.12% |
| Solar Energy | 180, 0.05%, see rank | 0.03% | 0.05% |
| Other Fuel | 2,757, 0.79%, see rank | 0.97% | 0.47% |
| No Fuel Used | 836, 0.24%, see rank | 0.72% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
| Monthly Rental | Albany, Schenectady, Troy Area | New York | U.S. |
| Occupied Units Paying Rent | 116,528, 100% | 3,233,100 | 39,201,928 |
| $199 or Less | 1,468, 1.26%, see rank | 1.14% | 1.50% |
| $200 to $299 | 4,268, 3.66%, see rank | 4.22% | 3.18% |
| $300 to $499 | 6,139, 5.27%, see rank | 6.44% | 7.37% |
| $500 to $699 | 16,315, 14.00%, see rank | 10.26% | 16.01% |
| $700 to $999 | 44,721, 38.38%, see rank | 19.86% | 29.17% |
| $1,000 to $1,499 | 34,060, 29.23%, see rank | 30.47% | 26.88% |
| $1,500 to $1,999 | 6,911, 5.93%, see rank | 15.24% | 9.79% |
| $2,000 or More | 2,646, 2.27%, see rank | 12.38% | 6.10% |
| Median | $905, see rank | $1,117 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
| Albany, Schenectady, Troy Area | New York | U.S. | |
| Occupied Housing Units | 347,401, 100% | 7,255,528 | 116,211,092 |
| No Vehicles Available | 34,038, 9.80%, see rank | 29.34% | 9.12% |
| 1 Vehicles Available | 125,193, 36.04%, see rank | 32.69% | 33.80% |
| 2 Vehicles Available | 132,992, 38.28%, see rank | 26.49% | 37.48% |
| 3 or More Vehicles Available | 55,178, 15.88%, see rank | 11.49% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.