Town of Oakfield — Financial Data

3,145 Population FY 2024

$513 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$288 Part-Town Per Capita Spending Outside villages only FY 2024

25.0% Debt Service FY 2024

5.0 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Oakfield (pop. 1,812). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, 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, general government, health, public safety, transportation).

Villages in Oakfield

Total village population: 1,812 (58% of town)

Village of Oakfield pop. 1,812

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

23.3% Poverty Rate 2023

22.4% Bachelor's+ Rate 2023

3.2% Unemployment Rate 2023

62.1% Homeownership Rate 2023

Median Household Income

$58,507 (2023)

2010 2023

Per Capita Income

$30,508 (2023)

2010 2023

Median Home Value

$139,900 (2023)

2010 2023

Median Gross Rent

$866 (2023)

2010 2023

Median Age

41.0 (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

$6,207,899 (2024)

2011 2024

Full Value of Taxable Property

$156,112,755 (2024)

2011 2024

Debt Service

$1,083,461 (2024)

1997 2024

Debt Service %

25.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$513 (2024)

2010 2024

Part-Town Per Capita Spending

$288 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

5.0 (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

$1,939,011 (2024)

1995 2024

Sales And Use Tax

$719,546 (2024)

1995 2024

Other Real Property Tax Items

$709,440 (2024)

1995 2024

Charges To Other Governments

$401,584 (2024)

1995 2024

State Aid

$369,458 (2024)

1995 2024

Top Expenditures

Transportation

$1,385,218 (2024)

1995 2024

General Government

$772,277 (2024)

1995 2024

Culture And Recreation

$460,532 (2024)

1995 2024

Employee Benefits

$414,678 (2024)

1995 2024

Public Safety

$84,356 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Oakfield OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Oakfield OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Oakfield FSMS Report 2024	FSMS_MONITORING
2023	Town of Oakfield Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Oakfield 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: 180360500000

School Details

Not applicable for this entity type.