Town of Nichols — Financial Data

2,347 Population FY 2024

$663 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$273 Part-Town Per Capita Spending Outside villages only FY 2024

0.0% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

30.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Nichols (pop. 457). 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: employee benefits, general government, health, public safety, transportation).

Villages in Nichols

Total village population: 457 (19% of town)

Village of Nichols pop. 457

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

2.7% Poverty Rate 2023

19.8% Bachelor's+ Rate 2023

1.9% Unemployment Rate 2023

82.7% Homeownership Rate 2023

Median Household Income

$74,200 (2023)

2010 2023

Per Capita Income

$36,224 (2023)

2010 2023

Median Home Value

$138,400 (2023)

2010 2023

Median Gross Rent

$1,189 (2023)

2010 2023

Median Age

40.9 (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

$332,871,629 (2024)

2011 2024

Debt Service

$0 (2024)

1995 2024

Debt Service %

0.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$663 (2024)

2010 2024

Part-Town Per Capita Spending

$273 (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

30.0 (2024)

2012 2024

Top Revenue Sources

State Aid

$3,933,900 (2024)

1995 2024

Charges For Services

$771,770 (2024)

1995 2024

Sales And Use Tax

$674,212 (2024)

1995 2024

Real Property Taxes And Assessments

$516,000 (2024)

1995 2024

Federal Aid

$455,754 (2024)

1996 2024

Top Expenditures

Transportation

$2,104,582 (2024)

1995 2024

General Government

$1,284,494 (2024)

1995 2024

Employee Benefits

$484,936 (2024)

1995 2024

Public Safety

$184,578 (2024)

1995 2024

Culture And Recreation

$176,258 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Nichols OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Nichols OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Nichols FSMS Report 2024	FSMS_MONITORING
2023	Town of Nichols Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Nichols 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: 490358500000

School Details

Not applicable for this entity type.