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Originally Posted by ckhthankgod
So, how did the city end up with a surplus?
Most older cities that can't annex are going to have higher rates in terms of poverty, crime, etc. Some of the poverty may result from different factors like say off campus RPI, Sage and HVCC students, along with the (stereo)typical poverty or perhaps even recent immigrants.
Troy's median household income for the period in that info(2010-2014) is actually higher than many of the bigger/medium sized Upstate cities.
You can view areas on this map that can give an idea of middle class(relatively lower to upper) in the city on a census tract or census block level: Troy, NY - USA.comâ„¢
This can help and includes family size as an option: Are you in the US middle class? Try our income calculator | Pew Research Center
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How should I know? I'm as suprised as the Mayor and Common Council.
In the land of the blind, the one-eyed man is king. So is it with Troy's income vs. Rochester's.
Troy, Albany, Utica, Syracuse, Rochester, Buffalo and Binghamton are all residents of the same graveyard. I know every one of those cities. Whatever statistics may say, when you see them in person there is only one impression you get and it isn't bustling prosperity.
In upstate, Cooperstown and Saratoga Springs are desirable places to live. (Hudson too, because New York immigrants and commuters like it, being on Amtrak.) There are places like Ithaca, Pulaski, Watkins Glenn, i.e., mini-cities that get by because of some feature that is unique to them. And every city hulk has one or a few nice suburbs.
But if you are looking for an area going places, look to Raleigh-Durham, Orlando, or Austin. Those kind of places used to exist in upstate NY but no more.