Town of Madison — Financial Data

2,766 Population FY 2024

$632 Town-Wide Per Capita Spending All residents incl. villages FY 2025

$387 Part-Town Per Capita Spending Outside villages only FY 2025

0.0% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

16.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Madison (pop. 311). 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: employee benefits, general government, public safety, transportation).

Villages in Madison

Total village population: 311 (11% of town)

Village of Madison pop. 311

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

13.0% Poverty Rate 2023

24.5% Bachelor's+ Rate 2023

2.0% Unemployment Rate 2023

83.9% Homeownership Rate 2023

Median Household Income

$73,407 (2023)

2010 2023

Per Capita Income

$33,656 (2023)

2010 2023

Median Home Value

$185,900 (2023)

2010 2023

Median Gross Rent

$917 (2023)

2010 2023

Median Age

46.8 (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 · 1995–2025

Fiscal Health

Debt Outstanding

$0 (2024)

2011 2024

Full Value of Taxable Property

$308,966,185 (2024)

2011 2024

Debt Service

$0 (2024)

1995 2024

Debt Service %

0.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$632 (2025)

2010 2025

Part-Town Per Capita Spending

$387 (2025)

2010 2025

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

Real Property Taxes And Assessments

$1,197,645 (2025)

1995 2025

Sales And Use Tax

$737,248 (2025)

1996 2025

State Aid

$482,278 (2025)

1995 2025

Use And Sale Of Property

$154,966 (2025)

1995 2025

Charges For Services

$104,436 (2025)

1995 2025

Top Expenditures

Transportation

$1,947,129 (2025)

1995 2025

Employee Benefits

$274,718 (2025)

1995 2025

General Government

$244,629 (2025)

1995 2025

Public Safety

$163,212 (2025)

1995 2025

Culture And Recreation

$58,674 (2025)

1995 2025

Financial Documents (85)

Year	Title	Type
2025	Town of Madison OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Madison OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Madison OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Madison FSMS Report 2024	FSMS_MONITORING
2023	Town of Madison Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 85 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 250349700000

School Details

Not applicable for this entity type.