Town of Richford — Financial Data

1,043 Population FY 2024

$1,614 Town-Wide Per Capita Spending All residents incl. villages FY 2024

1.3% Debt Service FY 2024

6.7 Fiscal Stress FY 2024

16.7 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

15.1% Poverty Rate 2023

17.8% Bachelor's+ Rate 2023

2.8% Unemployment Rate 2023

89.2% Homeownership Rate 2023

Median Household Income

$66,719 (2023)

2010 2023

Per Capita Income

$37,836 (2023)

2010 2023

Median Home Value

$115,800 (2023)

2010 2023

Median Gross Rent

$767 (2023)

2010 2023

Median Age

54.2 (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 · 1995–2024

Fiscal Health

Debt Outstanding

$114,000 (2024)

2011 2024

Full Value of Taxable Property

$89,083,057 (2024)

2011 2024

Debt Service

$43,249 (2024)

1995 2024

Debt Service %

1.3% (2024)

1995 2024

Town-Wide Per Capita Spending

$1,614 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

6.7 (2024)

2016 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

16.7 (2024)

2016 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,494,118 (2024)

1995 2024

State Aid

$557,404 (2024)

1995 2024

Use And Sale Of Property

$212,788 (2024)

1995 2024

Sales And Use Tax

$124,032 (2024)

1995 2024

Charges For Services

$98,628 (2024)

1995 2024

Top Expenditures

Transportation

$2,457,602 (2024)

1995 2024

General Government

$332,001 (2024)

1995 2024

Employee Benefits

$305,671 (2024)

1995 2024

Public Safety

$93,641 (2024)

1995 2024

Sanitation

$64,293 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Richford OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Richford OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Richford FSMS Report 2024	FSMS_MONITORING
2023	Town of Richford Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Richford 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: 490370900000

School Details

Not applicable for this entity type.