Skip to main content
Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Troy, NY

Population: 51,268 (2022) · Small Cities (50K–100K)

F
34/100

Critical — severe fiscal distress requiring immediate attention

Total Spending
$893.2M
Per Capita
$17,422
Total Revenue
$170.2M
Total Debt
$89.0M

Spending Breakdown

Other
45.5%$406.7M
Housing & Community Development
25.3%$226.0M
Utilities
16.2%$144.4M
Public Welfare
3.7%$33.3M
Parks & Recreation
3.0%$26.7M
Highways & Roads
2.1%$18.9M
Fire Protection
2.1%$18.6M
Sewerage
1.5%$13.0M
Hospitals
0.6%$5.7M

Spending data sourced from the Census Bureau's Annual Survey of State & Local Government Finances. Per-capita comparisons use the Lincoln Institute's Fiscally Standardized Cities methodology for fair cross-city benchmarking.

Revenue Sources

Sales Tax
13.0%$22.1M
Income Tax
21.1%$36.0M
Intergovernmental
60.3%$102.6M
Charges & Fees
67.8%$115.5M
Other
47.9%$81.6M

Per Capita Spending by Department

Fire Protection$362/person
Highways & Roads$369/person
Parks & Recreation$522/person

Score Breakdown

Budget Balance & Reserves (25%)15/100
Debt Burden (20%)0/100
Pension Funding (20%)76/100
Spending Efficiency (15%)67/100
Revenue Diversity (10%)0/100
Trend Direction (10%)50/100

Debt Overview

Total Debt$89.0M
Long-Term Debt$174.0M
Debt Per Capita$1,735
Cash & Securities$6.8M

Compare Cities

See how Troy stacks up against another city.

vs New York, NYvs Buffalo, NYvs Rochester, NY
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in New York

New York, NY

Pop. 8.6M

C
Total Spending
$1113.3B
Per Capita
$129,119

Buffalo, NY

Pop. 277K

C
Total Spending
$16.7B
Per Capita
$60,354

Rochester, NY

Pop. 211K

D
Total Spending
$15.9B
Per Capita
$75,154

Yonkers, NY

Pop. 210K

C
Total Spending
$13.2B
Per Capita
$62,907

Compare Troy With

New York, NY

Spending: $129,119/person · Grade: C

Buffalo, NY

Spending: $60,354/person · Grade: C

Rochester, NY

Spending: $75,154/person · Grade: D

Yonkers, NY

Spending: $62,907/person · Grade: C

Frequently Asked Questions

Troy, NY spends $17,422 per resident, based on total expenditures of $893.2M for a population of 51,268. The city has a Fiscal Health Score of F (34/100).

Troy, NY has total expenditures of $893.2M and total revenue of $170.2M. The city carries $89.0M in total debt, based on Census Bureau data from 2023.

Troy, NY employs 0 government workers, of which 0 are full-time. The average government salary is $0, with 0.0 employees per 10,000 residents.

Troy, NY has a Fiscal Health Score of F (34/100). This score evaluates budget balance, debt burden, pension funding, spending efficiency, revenue diversity, and 3-year fiscal trajectory compared to peer cities of similar population.

Last updated: