Town of Philipstown — Financial Data

9,831 Population FY 2024

$518 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$601 Part-Town Per Capita Spending Outside villages only FY 2024

6.6% Debt Service FY 2024

37.9 Fiscal Stress FY 2024

0.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Cold Spring (pop. 1,986), Village of Nelsonville (pop. 624). 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: community services, culture and recreation, debt service, employee benefits, general government, health, public safety, transportation).

Villages in Philipstown

Total village population: 2,610 (27% of town)

Village of Cold Spring pop. 1,986

Village of Nelsonville pop. 624

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

7.6% Poverty Rate 2023

57.4% Bachelor's+ Rate 2023

4.7% Unemployment Rate 2023

77.3% Homeownership Rate 2023

Median Household Income

$133,672 (2023)

2010 2023

Per Capita Income

$67,899 (2023)

2010 2023

Median Home Value

$605,700 (2023)

2010 2023

Median Gross Rent

$1,903 (2023)

2010 2023

Median Age

48.5 (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

$5,443,426 (2024)

2011 2024

Full Value of Taxable Property

$3,027,627,814 (2024)

2011 2024

Debt Service

$1,371,521 (2024)

1997 2024

Debt Service %

6.6% (2024)

1997 2024

Town-Wide Per Capita Spending

$518 (2024)

2010 2024

Part-Town Per Capita Spending

$601 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

37.9 (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

$14,960,675 (2024)

1995 2024

Charges For Services

$3,026,961 (2024)

1995 2024

State Aid

$1,543,842 (2024)

1995 2024

Other Local Revenues

$609,741 (2024)

1995 2024

Use And Sale Of Property

$402,834 (2024)

1995 2024

Top Expenditures

Transportation

$5,427,621 (2024)

1995 2024

Employee Benefits

$4,226,120 (2024)

1995 2024

Culture And Recreation

$3,260,473 (2024)

1995 2024

General Government

$2,909,716 (2024)

1995 2024

Public Safety

$2,503,843 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Philipstown OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Philipstown OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Philipstown FSMS Report 2024	FSMS_MONITORING
2023	Town of Philipstown Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Philipstown 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: 370366000000

School Details

Not applicable for this entity type.