Paper Mill Village, Troy, NY
Paper Mill Village — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Paper Mill Village, Troy, New York. Explore the cited sources and local facts below while agent underwriting continues.
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Paper Mill Village Neighborhood Overview
Nestled along the Hudson River in Troy, NY, Paper Mill Village is a historic and picturesque neighborhood. It is known for its charming character, community feel, and scenic views of the water and surrounding hills.
Housing & Real Estate
The neighborhood features a mix of historic mill worker homes, renovated apartments, and modern condominiums. With a median home value of approximately $282,400, it offers a relatively affordable entry point into the Troy market with unique architectural charm.
Schools & Education
Families in Paper Mill Village are served by the Enlarged City School District of Troy. The neighborhood is also in close proximity to several higher education institutions, including Rensselaer Polytechnic Institute (RPI) and Hudson Valley Community College.
Parks & Recreation
Residents enjoy direct access to the Riverwalk, a paved trail perfect for walking, running, and cycling along the Hudson. The nearby Prospect Park offers more green space, playgrounds, and stunning panoramic views of the city and river.
Local Dining & Shopping
The vibrant downtown Troy corridor, just a short walk away, provides an array of boutique shops, cafes, and acclaimed restaurants. From cozy coffee shops to fine dining, the neighborhood's location puts the best of Troy's revival at its doorstep.
Who Lives Here
The neighborhood attracts a mix of young professionals, academics, and families, drawn by its historic appeal and connectivity. With a median household income around $89,083, it is a stable, middle-to-upper-middle income community within the city.
Paper Mill Village Market Data
| Metric | Value |
|---|---|
| Median Home Price | $282K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $89K |
| Homeownership Rate | 78.5% |
| Renter-Occupied | 21.5% |
| Rental Vacancy Rate | 4.0% |
| Market Type | Balanced |
| Primary ZIP Code | 05257 |
Top Real Estate Agents in Paper Mill Village, Troy
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Paper Mill Village, Troy, NY. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: New York Department of State Division of Licensing Services — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15