Town of New Hartford — Financial Data

21,874 Population FY 2024

$175 Town-Wide Per Capita Spending All residents incl. villages FY 2023

$490 Part-Town Per Capita Spending Outside villages only FY 2023

12.6% Debt Service FY 2023

0.0 Fiscal Stress FY 2021

10.0 Env. Stress FY 2021

Data comparability note: Contains villages: Village of New Hartford (pop. 1,859). 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: community services, culture and recreation, debt service, employee benefits, general government, health, public safety, sanitation, transportation).

Villages in New Hartford

Total village population: 1,859 (8% of town)

Village of New Hartford pop. 1,859

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

6.5% Poverty Rate 2023

45.4% Bachelor's+ Rate 2023

2.8% Unemployment Rate 2023

74.9% Homeownership Rate 2023

Median Household Income

$78,950 (2023)

2010 2023

Per Capita Income

$51,553 (2023)

2010 2023

Median Home Value

$200,400 (2023)

2010 2023

Median Gross Rent

$1,071 (2023)

2010 2023

Median Age

49.6 (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

$0 (2024)

2011 2024

Full Value of Taxable Property

$2,322,032,749 (2024)

2011 2024

Debt Service

$1,714,086 (2023)

1995 2024

Debt Service %

12.6% (2023)

1995 2024

Town-Wide Per Capita Spending

$88 (2023)

2010 2024

Part-Town Per Capita Spending

$246 (2023)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2021)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

10.0 (2021)

2012 2024

Top Revenue Sources

Sales And Use Tax

$8,014,670 (2023)

1995 2024

Real Property Taxes And Assessments

$4,335,573 (2023)

1995 2024

State Aid

$1,103,167 (2023)

1995 2024

Charges To Other Governments

$907,106 (2023)

1995 2024

Use And Sale Of Property

$540,977 (2023)

1995 2024

Top Expenditures

Employee Benefits

$3,325,399 (2023)

1995 2024

Public Safety

$3,199,938 (2023)

1995 2024

Transportation

$2,987,393 (2023)

1995 2024

General Government

$1,600,342 (2023)

1995 2024

Culture And Recreation

$745,854 (2023)

1995 2024

Financial Documents (83)

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

View all 83 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 300357400000

School Details

Not applicable for this entity type.