Town of Norfolk — Financial Data

4,453 Population FY 2024

$419 Town-Wide Per Capita Spending All residents incl. villages FY 2025

$257 Part-Town Per Capita Spending Outside villages only FY 2025

0.6% Debt Service FY 2025

0.0 Fiscal Stress FY 2024

13.3 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

16.9% Poverty Rate 2023

13.0% Bachelor's+ Rate 2023

6.8% Unemployment Rate 2023

74.3% Homeownership Rate 2023

Median Household Income

$61,705 (2023)

2010 2023

Per Capita Income

$29,942 (2023)

2010 2023

Median Home Value

$112,200 (2023)

2010 2023

Median Gross Rent

$788 (2023)

2010 2023

Median Age

44.2 (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 · 1995–2025

Fiscal Health

Debt Outstanding

$5,300,859 (2024)

2011 2024

Full Value of Taxable Property

$217,018,100 (2024)

2011 2024

Debt Service

$18,240 (2025)

1995 2025

Debt Service %

0.6% (2025)

1995 2025

Town-Wide Per Capita Spending

$419 (2025)

2010 2025

Part-Town Per Capita Spending

$257 (2025)

2010 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

13.3 (2024)

2012 2024

Top Revenue Sources

Sales And Use Tax

$1,066,031 (2025)

1995 2025

Real Property Taxes And Assessments

$805,675 (2025)

1995 2025

State Aid

$481,917 (2025)

1995 2025

Use And Sale Of Property

$102,715 (2025)

1995 2025

Charges To Other Governments

$101,944 (2025)

1995 2025

Top Expenditures

Transportation

$1,573,943 (2025)

1995 2025

General Government

$523,664 (2025)

1995 2025

Employee Benefits

$334,063 (2025)

1995 2025

Public Safety

$312,577 (2025)

1995 2025

Culture And Recreation

$238,604 (2025)

1995 2025

Financial Documents (85)

Year	Title	Type
2025	Town of Norfolk OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Norfolk OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Norfolk OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Norfolk FSMS Report 2024	FSMS_MONITORING
2023	Town of Norfolk Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 85 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 400358800000

School Details

Not applicable for this entity type.