Town of Alfred — Financial Data

5,157 Population FY 2024

$106 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$365 Part-Town Per Capita Spending Outside villages only FY 2024

6.6% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

13.3 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Alfred (pop. 4,026). Town-wide per capita spending covers all residents including village residents (A-fund services: culture and recreation, debt service, employee benefits, general government, public safety, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, employee benefits, general government, health, public safety, transportation).

Villages in Alfred

Total village population: 4,026 (78% of town)

Village of Alfred pop. 4,026

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

31.6% Poverty Rate 2023

56.8% Bachelor's+ Rate 2023

15.6% Unemployment Rate 2023

66.7% Homeownership Rate 2023

Median Household Income

$53,654 (2023)

2010 2023

Per Capita Income

$16,206 (2023)

2010 2023

Median Home Value

$142,900 (2023)

2010 2023

Median Gross Rent

$823 (2023)

2010 2023

Median Age

20.5 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2024

Fiscal Health

Debt Outstanding

$234,435 (2024)

2011 2024

Full Value of Taxable Property

$139,037,791 (2024)

2011 2024

Debt Service

$133,614 (2024)

1995 2024

Debt Service %

6.6% (2024)

1995 2024

Town-Wide Per Capita Spending

$106 (2024)

2010 2024

Part-Town Per Capita Spending

$365 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (2024)

2016 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

13.3 (2024)

2016 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,358,263 (2024)

1995 2024

State Aid

$711,644 (2024)

1995 2024

Federal Aid

$203,896 (2024)

1996 2024

Charges For Services

$70,085 (2024)

1995 2024

Other Local Revenues

$47,890 (2024)

1995 2024

Top Expenditures

Transportation

$1,245,994 (2024)

1995 2024

General Government

$290,240 (2024)

1995 2024

Employee Benefits

$203,950 (2024)

1995 2024

Public Safety

$156,657 (2024)

1995 2024

Community Services

$0 (2024)

1997 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Alfred OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Alfred OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Alfred FSMS Report 2024	FSMS_MONITORING
2023	Town of Alfred Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Alfred OSC Annual Financial Report 2023	OSC_TOWN_CSV_AFR

View all 84 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 020301000000

School Details

Not applicable for this entity type.