Town of Milton — Financial Data

18,800 Population FY 2024

$163 Town-Wide Per Capita Spending All residents incl. villages FY 2024

2.1% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

3.3 Env. Stress FY 2024

Data comparability note: The following villages extend beyond this town's boundaries: Ballston Spa (also in Town of Ballston). Part-town per-capita figures are not yet available for this town because the village population split across town boundaries is unknown. We will include part-town per-capita data once proportional population figures are available. If you have this information or know a definitive source, please email [email protected]. Contains villages: Village of Ballston Spa (pop. 5,111). 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, social services, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: community services, culture and recreation, debt service, employee benefits, general government, health, public safety, sanitation, transportation).

Villages in Milton

Total village population: 5,111 (27% of town)

Village of Ballston Spa pop. 5,111

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

5.0% Poverty Rate 2023

34.1% Bachelor's+ Rate 2023

4.6% Unemployment Rate 2023

75.8% Homeownership Rate 2023

Median Household Income

$95,830 (2023)

2010 2023

Per Capita Income

$45,730 (2023)

2010 2023

Median Home Value

$280,900 (2023)

2010 2023

Median Gross Rent

$1,389 (2023)

2010 2023

Median Age

43.2 (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

$11,038,237 (2024)

2011 2024

Full Value of Taxable Property

$2,038,299,044 (2024)

2011 2024

Debt Service

$419,677 (2024)

1995 2024

Debt Service %

2.1% (2024)

1995 2024

Town-Wide Per Capita Spending

$163 (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

3.3 (2024)

2012 2024

Top Revenue Sources

Sales And Use Tax

$9,148,134 (2024)

1995 2024

Real Property Taxes And Assessments

$3,034,801 (2024)

1995 2024

State Aid

$1,986,940 (2024)

1995 2024

Use And Sale Of Property

$874,566 (2024)

1995 2024

Federal Aid

$500,000 (2024)

1997 2024

Top Expenditures

General Government

$8,790,690 (2024)

1995 2024

Transportation

$5,839,419 (2024)

1995 2024

Public Safety

$2,107,347 (2024)

1995 2024

Employee Benefits

$1,922,917 (2024)

1995 2024

Culture And Recreation

$775,231 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Milton OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Milton OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Milton FSMS Report 2024	FSMS_MONITORING
2023	Town of Milton Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Milton 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: 410353400000

School Details

Not applicable for this entity type.