Town of North Elba — Financial Data

7,480 Population FY 2024

$515 Town-Wide Per Capita Spending All residents incl. villages FY 2024

4.2% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

10.0 Env. Stress FY 2024

Data comparability note: The following villages are partially within this town but assigned to another town by OSC: Saranac Lake (assigned to Town of Harrietstown (spans Franklin and Essex counties)). Part-town per-capita figures are not yet available for this town because the village population split across town boundaries is unknown. We will include part-town per-capita data once proportional population figures are available. If you have this information or know a definitive source, please email [email protected]. Contains villages: Village of Lake Placid (pop. 2,205). 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, public safety, transportation).

Villages in North Elba

Total village population: 2,205 (29% of town)

Village of Lake Placid pop. 2,205

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

12.1% Poverty Rate 2023

37.4% Bachelor's+ Rate 2023

2.6% Unemployment Rate 2023

67.4% Homeownership Rate 2023

Median Household Income

$76,596 (2023)

2010 2023

Per Capita Income

$45,891 (2023)

2010 2023

Median Home Value

$408,400 (2023)

2010 2023

Median Gross Rent

$952 (2023)

2010 2023

Median Age

40.9 (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

$1,759,329 (2024)

2011 2024

Full Value of Taxable Property

$3,087,846,181 (2024)

2011 2024

Debt Service

$705,648 (2024)

1995 2024

Debt Service %

4.2% (2024)

1995 2024

Town-Wide Per Capita Spending

$515 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

10.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$7,796,848 (2024)

1995 2024

Charges For Services

$3,280,773 (2024)

1995 2024

Sales And Use Tax

$2,538,843 (2024)

1997 2024

Use And Sale Of Property

$1,189,548 (2024)

1995 2024

Federal Aid

$923,150 (2024)

1997 2024

Top Expenditures

Transportation

$3,782,867 (2024)

1995 2024

General Government

$2,985,319 (2024)

1995 2024

Employee Benefits

$2,314,717 (2024)

1995 2024

Culture And Recreation

$2,306,864 (2024)

1995 2024

Sanitation

$1,648,694 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of North Elba OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of North Elba OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of North Elba FSMS Report 2024	FSMS_MONITORING
2023	Town of North Elba Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of North Elba 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: 150359400000

School Details

Not applicable for this entity type.