Town of Islip — Financial Data

339,938 Population FY 2024

$366 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$141 Part-Town Per Capita Spending Outside villages only FY 2024

13.5% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Brightwaters (pop. 3,181), Village of Islandia (pop. 3,567), Village of Ocean Beach (pop. 153), Village of Saltaire (pop. 113). 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: culture and recreation, debt service, employee benefits, general government, health, public safety, transportation).

Villages in Islip

Total village population: 7,014 (2% of town)

Village of Brightwaters pop. 3,181

Village of Islandia pop. 3,567

Village of Ocean Beach pop. 153

Village of Saltaire pop. 113

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

6.0% Poverty Rate 2023

32.2% Bachelor's+ Rate 2023

4.1% Unemployment Rate 2023

80.1% Homeownership Rate 2023

Median Household Income

$127,572 (2023)

2010 2023

Per Capita Income

$47,274 (2023)

2010 2023

Median Home Value

$493,000 (2023)

2010 2023

Median Gross Rent

$2,143 (2023)

2010 2023

Median Age

38.9 (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

$222,430,341 (2024)

2011 2024

Full Value of Taxable Property

$60,664,130,234 (2024)

2011 2024

Debt Service

$69,541,825 (2024)

1995 2024

Debt Service %

13.5% (2024)

1995 2024

Town-Wide Per Capita Spending

$366 (2024)

2010 2024

Part-Town Per Capita Spending

$141 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

0.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$218,166,076 (2024)

1995 2024

Charges For Services

$60,319,717 (2024)

1995 2024

State Aid

$45,270,274 (2024)

1995 2024

Federal Aid

$29,360,638 (2024)

1995 2024

Use And Sale Of Property

$27,127,809 (2024)

1995 2024

Top Expenditures

Transportation

$86,586,845 (2024)

1995 2024

General Government

$84,771,590 (2024)

1995 2024

Employee Benefits

$82,244,377 (2024)

1995 2024

Culture And Recreation

$65,648,276 (2024)

1995 2024

Sanitation

$61,647,910 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Islip OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Islip OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Islip FSMS Report 2024	FSMS_MONITORING
2023	Town of Islip Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Islip 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: 470342100000

School Details

Not applicable for this entity type.