Demographics & Economics

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Population & Households

Table 1 shows that the population along the Upper Congress Street corridor represents less than 3% of the overall population of the City of Troy.  The population for both the study area and the City has trended downward over the past 26 years and is expected to continue to do so according to Claritas data.*  The trend in the study area has been consistent with the City as shown by narrow variance in the population ratios in 1990 and 2000. 

Similar to Table 1, Table 1.1 shows that the number of households along the Upper Congress Street corridor represents less than 3% of the number in the City of Troy.  Contrary to the population trend, which has been consistently downward, the number of households in the City has risen very slightly (about 1% per decade) since 1980.  The study area showed a similar slight rise in the 2000 census.  Construction of the Polytech Apartments in the study area is not reflected in the Claritas 2006 estimate or 2011 projection.  According to an April 10, 2006 article in The Business Review (Albany), the Polytech Apartment complex includes 39 units and 143 beds.  This positive development indicates that the population and household trends in the study area may have changed course in 2006.

*However, recent data show that the New York State population has grown slightly since 2000.  According to New York’s Tech Valley website (www.techvalley.com), the 2005 population in Tech Valley, which includes Rensselaer County has grown 3.8%.

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