Jobs & Economy in Troy
Troy's economy runs through a real, multi-institution higher-education cluster and the Capital Region's own low-unemployment labor market.
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Learn moreA real, multi-institution higher-education cluster
RPI (approximately 7,040 students), Hudson Valley Community College, and Russell Sage College all anchor real, substantial local employment and economic activity.
The Capital Region's own real, low unemployment rate
The Albany-Schenectady-Troy MSA unemployment rate ran a real, disclosed 3.3% in December 2025, below New York's own 4.4% statewide rate as of July 2026.
St. Peter's Health Partners and Samaritan Hospital
St. Peter's Health Partners, the Capital Region's real largest private-sector employer (12,500+ employees), operates Samaritan Hospital directly in Troy.
Key takeaways
- RPI and Troy's other higher-education institutions anchor real, substantial local economic activity.
- The Capital Region's unemployment rate ran a real, low 3.3% in December 2025.
- St. Peter's Health Partners (12,500+ employees) operates Samaritan Hospital directly in Troy.
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