Town of Malone — Financial Data

12,433 Population FY 2024

$161 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$297 Part-Town Per Capita Spending Outside villages only FY 2024

4.0% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

30.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Malone (pop. 5,483). 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, public safety, sanitation, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: debt service, employee benefits, general government, health, public safety, transportation).

Villages in Malone

Total village population: 5,483 (44% of town)

Village of Malone pop. 5,483

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

12.1% Poverty Rate 2023

22.7% Bachelor's+ Rate 2023

4.2% Unemployment Rate 2023

61.6% Homeownership Rate 2023

Median Household Income

$65,614 (2023)

2010 2023

Per Capita Income

$29,220 (2023)

2010 2023

Median Home Value

$127,300 (2023)

2010 2023

Median Gross Rent

$821 (2023)

2010 2023

Median Age

41.2 (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

$1,449,341 (2024)

2011 2024

Full Value of Taxable Property

$689,676,833 (2024)

2011 2024

Debt Service

$372,020 (2024)

1997 2024

Debt Service %

4.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$161 (2024)

2010 2024

Part-Town Per Capita Spending

$297 (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

30.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$5,808,899 (2024)

1995 2024

State Aid

$1,723,895 (2024)

1995 2024

Use And Sale Of Property

$532,789 (2024)

1995 2024

Federal Aid

$483,861 (2024)

1997 2024

Other Local Revenues

$276,284 (2024)

1995 2024

Top Expenditures

Transportation

$4,775,008 (2024)

1995 2024

General Government

$1,538,314 (2024)

1995 2024

Employee Benefits

$1,349,891 (2024)

1995 2024

Public Safety

$707,380 (2024)

1995 2024

Economic Development

$388,712 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Malone OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Malone OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Malone FSMS Report 2024	FSMS_MONITORING
2023	Town of Malone Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Malone 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: 160350000000

School Details

Not applicable for this entity type.