What is the Best Neighborhoods USA ranking for North Central?
North Central is ranked #9 of 9 eligible neighborhoods in Troy; #408 of 418 eligible neighborhoods in NY; and #14,009 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
North Central
Troy, NY | Rensselaer County
Scored premium profile
Best Neighborhoods USA Index
26.5
Stability and Strength
11.8
Value Opportunity
33.9
Momentum
39.8
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 | #14,009 of 14,967 |
| State rank | #408 of 418 |
| City rank | #9 of 9 |
| County rank | #9 of 9 |
| National percentile | 6.4 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $156,302 |
| Year-over-year home value change | -2.9% |
| Month-over-month home value change | 0.88% |
| Home value to income ratio | 4.25 |
| Median household income | $36,736 |
| Bachelor's degree or higher | 24.4% |
| Civilian unemployment rate | 22.2% |
| Homeownership rate | 15.1% |
| Housing vacancy rate | 19.4% |
| Rent burden 30% or higher | 68.6% |
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 North Central
Is North Central one of the best neighborhoods in Troy?
North Central has a Best Neighborhoods USA Index of 26.5 and a city ranking of #9 of 9 eligible neighborhoods in Troy.
How much are homes worth in North Central?
The current Zillow Home Value Index for North Central is approximately $156,302.
Are home values rising or falling in North Central?
Zillow neighborhood values changed -2.9% year over year and 0.88% month over month.
What is the Neighborhood Momentum Score for North Central?
North Central has a Neighborhood Momentum Score of 39.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in North Central?
The NDS-derived neighborhood median household income is approximately $36,736.
How affordable is North Central relative to household income?
The current Zillow home-value-to-household-income ratio is 4.25. Price-to-income affordability is a major Value Opportunity input.
Is North Central primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 15.1%.
What is the unemployment rate in North Central?
The NDS-derived civilian unemployment rate is approximately 22.2%.
How educated are residents of North Central?
Approximately 24.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in North Central face high rent burden?
Approximately 68.6% 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 North Central?
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 applications96
Estimated originations51
Home-purchase applications49
Origination rate53.1%
Home-purchase share51.6%
Average application loan$194,475
Total application loan amount$18,630,099
National application rank#4,508 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 27.2% YoY; originations 13.4% 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.