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CompBasis

Troy, Rensselaer County, New York

Property Tax Rate

2.89% to 2.96% of full value a year

The State's published 2024 rates: $28.90 to $29.56 per $1,000 of full value across 2 school districts (county and city $15.02, the rest the school district). On a home with a full value of $400,000 that is about $11,692 a year.

Full value is the assessed value divided by the city's equalization rate — the State's estimate of market value. A sale does not reassess a New York home: the bill follows the current assessment until the city revalues. Village, fire and other special-district charges, and any exemption the seller holds, are not in this figure; a full report estimates a specific address's bill.

School District Outcomes

District at the center of the city: TROY CITY SD. Check the district of a specific address.

Grades 3-8 ELA proficient40%Near State Average
Grades 3-8 math proficient44%Near State Average
Four-year graduation rate83%Near State Average
Regents diploma with advanced designation23%Near State Average
Dropout rate9%Near State Average

New York State Education Department Report Card (2025), student-outcome measures only. Tiers rank each outcome against all New York districts, so a higher tier is always the better result (for the dropout rate, a lower rate ranks higher).

Rensselaer County Market Momentum

Median list price

$390,000

Median $/sqft

$226

Median days on market

57

Source: FRED (Realtor.com series), as of 2026-09-01. County-level — the finest granularity FRED publishes.

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