Town of Palmyra — Financial Data

7,403 Population FY 2024

$243 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$263 Part-Town Per Capita Spending Outside villages only FY 2024

0.8% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

6.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Palmyra (pop. 3,305). 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, public safety, sanitation, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: community services, culture and recreation, debt service, economic development, employee benefits, general government, health, transportation).

Villages in Palmyra

Total village population: 3,305 (45% of town)

Village of Palmyra pop. 3,305

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

9.0% Poverty Rate 2023

25.4% Bachelor's+ Rate 2023

1.3% Unemployment Rate 2023

72.7% Homeownership Rate 2023

Median Household Income

$72,118 (2023)

2010 2023

Per Capita Income

$40,709 (2023)

2010 2023

Median Home Value

$143,400 (2023)

2010 2023

Median Gross Rent

$939 (2023)

2010 2023

Median Age

43.0 (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

$795,000 (2024)

2011 2024

Full Value of Taxable Property

$502,265,017 (2024)

2011 2024

Debt Service

$50,025 (2024)

1997 2024

Debt Service %

0.8% (2024)

1997 2024

Town-Wide Per Capita Spending

$243 (2024)

2010 2024

Part-Town Per Capita Spending

$263 (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

6.7 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$3,400,996 (2024)

1995 2024

Sales And Use Tax

$1,393,611 (2024)

1995 2024

State Aid

$1,047,918 (2024)

1995 2024

Use And Sale Of Property

$441,976 (2024)

1995 2024

Charges To Other Governments

$324,416 (2024)

1995 2024

Top Expenditures

Transportation

$3,107,361 (2024)

1995 2024

General Government

$1,299,726 (2024)

1995 2024

Employee Benefits

$1,106,667 (2024)

1995 2024

Sanitation

$254,883 (2024)

1997 2024

Public Safety

$218,110 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Palmyra OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Palmyra OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Palmyra FSMS Report 2024	FSMS_MONITORING
2023	Town of Palmyra Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Palmyra 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: 540363700000

School Details

Not applicable for this entity type.