Town of Lyme — Financial Data

2,299 Population FY 2024

$869 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$268 Part-Town Per Capita Spending Outside villages only FY 2024

2.2% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

16.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Chaumont (pop. 615). 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, utilities). 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, utilities).

Villages in Lyme

Total village population: 615 (27% of town)

Village of Chaumont pop. 615

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

9.7% Poverty Rate 2023

34.0% Bachelor's+ Rate 2023

5.6% Unemployment Rate 2023

92.2% Homeownership Rate 2023

Median Household Income

$77,935 (2023)

2010 2023

Per Capita Income

$35,323 (2023)

2010 2023

Median Home Value

$232,300 (2023)

2010 2023

Median Gross Rent

$850 (2023)

2010 2023

Median Age

48.1 (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

$532,800 (2024)

2011 2024

Full Value of Taxable Property

$498,260,567 (2024)

2011 2024

Debt Service

$119,358 (2024)

1995 2024

Debt Service %

2.2% (2024)

1995 2024

Town-Wide Per Capita Spending

$869 (2024)

2010 2024

Part-Town Per Capita Spending

$268 (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

16.7 (2024)

2012 2024

Top Revenue Sources

Sales And Use Tax

$3,040,002 (2024)

1995 2024

Real Property Taxes And Assessments

$832,248 (2024)

1995 2024

State Aid

$806,102 (2024)

1995 2024

Charges To Other Governments

$796,998 (2024)

1995 2024

Charges For Services

$242,294 (2024)

1995 2024

Top Expenditures

Transportation

$2,027,476 (2024)

1995 2024

General Government

$1,225,911 (2024)

1995 2024

Public Safety

$708,672 (2024)

1995 2024

Employee Benefits

$528,918 (2024)

1995 2024

Sanitation

$341,682 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Lyme OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Lyme OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Lyme FSMS Report 2024	FSMS_MONITORING
2023	Town of Lyme Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Lyme 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: 220348900000

School Details

Not applicable for this entity type.