There are 19 independent living communities serving Troy, New York. This includes 5 communities in Troy and 14 nearby. Independent living costs in New York range from about $22 to $191 per day, with a mean expense running about $68. The monthly expense averages roughly $2,026 and ranges between $669 and $5,727. Annually, the median cost is around $24,312, which is greater than the nationwide average of $23,100.
The cost for independent living in Troy generally ranges from around $639 per month to $3,080 per month. The average cost is about $2,370 per month, or around $28,438 annually.
Troy is a mid-size city in the State of New York. It is located in Rensselaer County and is part of the Albany-Schenectady-Troy metro statistical area. Though the city itself includes 70,959 people, the encompassing area includes a total population of 695,952. The 55+ community currently makes up around 24% of the overall population.
Troy has an average SeniorScore™ of 65. The city has a median per capita income of $25,000 and a median household income is $45,000 (the New York state average is $62,000). The average housing price in Troy is $171,000, which is significantly lower than the state average of $328,500. The city also has a high unemployment rate of roughly 9.72%.
Troy has extreme mean temperatures, with cold winters and mildly warm summers. The area gets low levels of precipitation each year. In relation to other cities in the United States, Troy has a higher than average rate of crime and average air quality.