Town of Galway — Financial Data

3,525 Population FY 2024

$441 Town-Wide Per Capita Spending All residents incl. villages FY 2023

$313 Part-Town Per Capita Spending Outside villages only FY 2023

2.5% Debt Service FY 2023

0.0 Fiscal Stress FY 2022

3.3 Env. Stress FY 2022

Data comparability note: Contains villages: Village of Galway (pop. 165). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, economic development, employee benefits, general government, health, public safety, sanitation, social services, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: community services, culture and recreation, employee benefits, general government, public safety, transportation).

Villages in Galway

Total village population: 165 (5% of town)

Village of Galway pop. 165

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

7.6% Poverty Rate 2023

37.8% Bachelor's+ Rate 2023

1.7% Unemployment Rate 2023

91.6% Homeownership Rate 2023

Median Household Income

$118,266 (2023)

2010 2023

Per Capita Income

$48,812 (2023)

2010 2023

Median Home Value

$353,400 (2023)

2010 2023

Median Gross Rent

$1,686 (2023)

2010 2023

Median Age

51.2 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (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

$0 (2024)

2011 2024

Full Value of Taxable Property

$595,698,118 (2024)

2011 2024

Debt Service

$144,567 (2023)

1995 2024

Debt Service %

2.5% (2023)

1995 2024

Town-Wide Per Capita Spending

$220 (2023)

2010 2024

Part-Town Per Capita Spending

$157 (2023)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2022)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

3.3 (2022)

2012 2024

Top Revenue Sources

Sales And Use Tax

$3,238,915 (2023)

1995 2024

Real Property Taxes And Assessments

$1,434,751 (2023)

1995 2024

State Aid

$546,770 (2023)

1995 2024

Federal Aid

$227,166 (2023)

1996 2024

Other Non Property Taxes

$108,154 (2023)

1995 2024

Top Expenditures

Transportation

$3,209,959 (2023)

1995 2024

General Government

$965,544 (2023)

1995 2024

Public Safety

$686,938 (2023)

1995 2024

Employee Benefits

$443,412 (2023)

1995 2024

Culture And Recreation

$267,343 (2023)

1995 2024

Financial Documents (83)

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

View all 83 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 410331400000

School Details

Not applicable for this entity type.