Demographics & Economics

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Employment Status

Table 12 shows an interesting subtlety.  The study area has both a lower unemployment rate compared to the City of Troy, yet the study area also has a higher percentage of people not in the labor force.  A high proportion of older retired residents could explain these characteristics.  Data in Table 6 is consistent with that assumption – the median and average ages in the study area (32.89 and 36.29, respectively) are higher than those of the City (29.17 and 34.13).  Table 7 shows that the numbers of retirement age residents are about equal in the two areas.  However, the City has a notably higher number of young adults (25.63% compared to 18.07% in the study area), which could explain why the civilian unemployed population in the City (12.15%) is notably higher than the study area (4.55%).

Figure 4 – Percent of Persons Below the Poverty Level in 1999, Troy, New York, by Block Group.  Source: U.S. Census Bureau, Census 2000 Summary File 3, Matrix P87.

Of the people in the work force, Table 13 distinctly shows that the study area residents work at a higher proportion of blue collar and service related jobs compared to the City.  Since white collar jobs tend to be higher paying, these data are consistent with the Table 11 data showing that average and median incomes are higher in the City.

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