Town of Madrid — Financial Data

1,744 Population FY 2024

$896 Town-Wide Per Capita Spending All residents incl. villages FY 2024

5.1% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

16.7 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

27.0% Poverty Rate 2023

24.5% Bachelor's+ Rate 2023

8.4% Unemployment Rate 2023

83.1% Homeownership Rate 2023

Median Household Income

$68,819 (2023)

2010 2023

Per Capita Income

$34,473 (2023)

2010 2023

Median Home Value

$128,900 (2023)

2010 2023

Median Gross Rent

$827 (2023)

2010 2023

Median Age

34.8 (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

$2,415,142 (2024)

2011 2024

Full Value of Taxable Property

$101,490,521 (2024)

2011 2024

Debt Service

$182,829 (2024)

1995 2024

Debt Service %

5.1% (2024)

1995 2024

Town-Wide Per Capita Spending

$896 (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

Real Property Taxes And Assessments

$1,570,954 (2024)

1995 2024

Sales And Use Tax

$926,801 (2024)

1995 2024

State Aid

$732,870 (2024)

1995 2024

Charges To Other Governments

$292,665 (2024)

1995 2024

Charges For Services

$160,250 (2024)

1995 2024

Top Expenditures

Transportation

$2,028,975 (2024)

1995 2024

General Government

$476,756 (2024)

1995 2024

Employee Benefits

$444,617 (2024)

1995 2024

Culture And Recreation

$171,065 (2024)

1995 2024

Sanitation

$81,748 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Madrid OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Madrid OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Madrid FSMS Report 2024	FSMS_MONITORING
2023	Town of Madrid Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Madrid 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: 400349800000

School Details

Not applicable for this entity type.