Town of Ithaca — Financial Data

22,283 Population FY 2024

$285 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$289 Part-Town Per Capita Spending Outside villages only FY 2024

1.9% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Cayuga Heights (pop. 4,114). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, employee benefits, general government, health, public safety, sanitation, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, employee benefits, general government, public safety, transportation).

Villages in Ithaca

Total village population: 4,114 (18% of town)

Village of Cayuga Heights pop. 4,114

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

10.3% Poverty Rate 2023

76.7% Bachelor's+ Rate 2023

4.4% Unemployment Rate 2023

59.4% Homeownership Rate 2023

Median Household Income

$101,128 (2023)

2010 2023

Per Capita Income

$47,686 (2023)

2010 2023

Median Home Value

$350,500 (2023)

2010 2023

Median Gross Rent

$1,432 (2023)

2010 2023

Median Age

30.3 (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

$7,881,000 (2024)

2011 2024

Full Value of Taxable Property

$1,992,463,821 (2024)

2011 2024

Debt Service

$702,118 (2024)

1995 2024

Debt Service %

1.9% (2024)

1995 2024

Town-Wide Per Capita Spending

$285 (2024)

2010 2024

Part-Town Per Capita Spending

$289 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (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

$16,209,938 (2024)

1995 2024

Sales And Use Tax

$8,680,307 (2024)

1995 2024

Charges For Services

$8,454,059 (2024)

1995 2024

Use And Sale Of Property

$2,748,689 (2024)

1995 2024

Other Local Revenues

$2,187,467 (2024)

1995 2024

Top Expenditures

General Government

$9,843,246 (2024)

1995 2024

Transportation

$8,108,127 (2024)

1995 2024

Employee Benefits

$4,446,751 (2024)

1995 2024

Public Safety

$4,217,853 (2024)

1995 2024

Sanitation

$3,634,242 (2024)

1997 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Ithaca OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Ithaca OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Ithaca FSMS Report 2024	FSMS_MONITORING
2023	Town of Ithaca Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Ithaca 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: 500342300000

School Details

Not applicable for this entity type.