What is the Best Neighborhoods USA ranking for Sycaway?
Sycaway is ranked #2 of 9 eligible neighborhoods in Troy; #161 of 418 eligible neighborhoods in NY; and #5,708 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Sycaway
Troy, NY | Rensselaer County
Scored premium profile
Best Neighborhoods USA Index
55.1
Stability and Strength
39.2
Value Opportunity
54.4
Momentum
81.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Troy, NY |
| County | Rensselaer County |
| National rank | #5,708 of 14,967 |
| State rank | #161 of 418 |
| City rank | #2 of 9 |
| County rank | #2 of 9 |
| National percentile | 61.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $296,552 |
| Year-over-year home value change | 4.4% |
| Month-over-month home value change | 0.38% |
| Home value to income ratio | 3.58 |
| Median household income | $82,841 |
| Bachelor's degree or higher | 41.3% |
| Civilian unemployment rate | 9.5% |
| Homeownership rate | 60.1% |
| Housing vacancy rate | 15.0% |
| Rent burden 30% or higher | 65.0% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Sycaway
Is Sycaway one of the best neighborhoods in Troy?
Sycaway has a Best Neighborhoods USA Index of 55.1 and a city ranking of #2 of 9 eligible neighborhoods in Troy.
How much are homes worth in Sycaway?
The current Zillow Home Value Index for Sycaway is approximately $296,552.
Are home values rising or falling in Sycaway?
Zillow neighborhood values changed 4.4% year over year and 0.38% month over month.
What is the Neighborhood Momentum Score for Sycaway?
Sycaway has a Neighborhood Momentum Score of 81.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Sycaway?
The NDS-derived neighborhood median household income is approximately $82,841.
How affordable is Sycaway relative to household income?
The current Zillow home-value-to-household-income ratio is 3.58. Price-to-income affordability is a major Value Opportunity input.
Is Sycaway primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 60.1%.
What is the unemployment rate in Sycaway?
The NDS-derived civilian unemployment rate is approximately 9.5%.
How educated are residents of Sycaway?
Approximately 41.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Sycaway face high rent burden?
Approximately 65.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Sycaway?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications51
Estimated originations32
Home-purchase applications26
Origination rate63.3%
Home-purchase share50.6%
Average application loan$174,362
Total application loan amount$8,879,919
National application rank#7,162 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 51.9% YoY; originations 35.1% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.