Town of New Paltz — Financial Data

14,407 Population FY 2024

$766 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$389 Part-Town Per Capita Spending Outside villages only FY 2024

6.3% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of New Paltz (pop. 7,324). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, economic development, education, 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, economic development, employee benefits, general government, public safety, sanitation, transportation).

Villages in New Paltz

Total village population: 7,324 (51% of town)

Village of New Paltz pop. 7,324

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

22.4% Poverty Rate 2023

63.4% Bachelor's+ Rate 2023

7.9% Unemployment Rate 2023

54.4% Homeownership Rate 2023

Median Household Income

$89,073 (2023)

2010 2023

Per Capita Income

$40,451 (2023)

2010 2023

Median Home Value

$422,600 (2023)

2010 2023

Median Gross Rent

$1,604 (2023)

2010 2023

Median Age

25.9 (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

$21,034,622 (2024)

2011 2024

Full Value of Taxable Property

$1,789,942,164 (2024)

2011 2024

Debt Service

$2,222,211 (2024)

1997 2024

Debt Service %

6.3% (2024)

1997 2024

Town-Wide Per Capita Spending

$766 (2024)

2010 2024

Part-Town Per Capita Spending

$389 (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

0.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$23,791,672 (2024)

1995 2024

State Aid

$3,801,730 (2024)

1995 2024

Charges For Services

$2,065,852 (2024)

1995 2024

Other Local Revenues

$2,010,993 (2024)

1995 2024

Use And Sale Of Property

$1,760,019 (2024)

1995 2024

Top Expenditures

Employee Benefits

$8,216,683 (2024)

1995 2024

Public Safety

$7,807,813 (2024)

1995 2024

Culture And Recreation

$5,951,790 (2024)

1995 2024

General Government

$5,660,250 (2024)

1995 2024

Transportation

$3,595,066 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of New Paltz OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of New Paltz OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of New Paltz FSMS Report 2024	FSMS_MONITORING
2023	Town of New Paltz Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of New Paltz 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: 510357900000

School Details

Not applicable for this entity type.