Town of Newark Valley — Financial Data

3,642 Population FY 2024

$236 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$249 Part-Town Per Capita Spending Outside villages only FY 2024

0.0% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

16.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Newark Valley (pop. 928). 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, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, debt service, employee benefits, public safety, sanitation, transportation).

Villages in Newark Valley

Total village population: 928 (25% of town)

Village of Newark Valley pop. 928

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

8.9% Poverty Rate 2023

28.0% Bachelor's+ Rate 2023

2.8% Unemployment Rate 2023

84.9% Homeownership Rate 2023

Median Household Income

$84,167 (2023)

2010 2023

Per Capita Income

$36,766 (2023)

2010 2023

Median Home Value

$143,300 (2023)

2010 2023

Median Gross Rent

$906 (2023)

2010 2023

Median Age

47.8 (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

$0 (2024)

2011 2024

Full Value of Taxable Property

$236,846,398 (2024)

2011 2024

Debt Service

$0 (2024)

1995 2024

Debt Service %

0.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$236 (2024)

2010 2024

Part-Town Per Capita Spending

$249 (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

$1,607,314 (2024)

1995 2024

Sales And Use Tax

$911,495 (2024)

1995 2024

State Aid

$437,074 (2024)

1995 2024

Use And Sale Of Property

$154,239 (2024)

1995 2024

Other Non Property Taxes

$38,263 (2024)

1995 2024

Top Expenditures

Transportation

$1,821,213 (2024)

1995 2024

General Government

$497,912 (2024)

1995 2024

Employee Benefits

$398,695 (2024)

1995 2024

Public Safety

$317,780 (2024)

1995 2024

Culture And Recreation

$23,102 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Newark Valley OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Newark Valley OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Newark Valley FSMS Report 2024	FSMS_MONITORING
2023	Town of Newark Valley Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Newark Valley 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: 490356500000

School Details

Not applicable for this entity type.