Town of Richmond — Financial Data

3,360 Population FY 2024

$1,004 Town-Wide Per Capita Spending All residents incl. villages FY 2024

3.2% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

6.7 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

5.3% Poverty Rate 2023

29.9% Bachelor's+ Rate 2023

8.2% Unemployment Rate 2023

81.0% Homeownership Rate 2023

Median Household Income

$78,025 (2023)

2010 2023

Per Capita Income

$43,846 (2023)

2010 2023

Median Home Value

$195,200 (2023)

2010 2023

Median Gross Rent

$1,234 (2023)

2010 2023

Median Age

51.3 (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

$3,027,000 (2024)

2011 2024

Full Value of Taxable Property

$490,136,115 (2024)

2011 2024

Debt Service

$263,812 (2024)

1995 2024

Debt Service %

3.2% (2024)

1995 2024

Town-Wide Per Capita Spending

$1,004 (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

6.7 (2024)

2012 2024

Top Revenue Sources

Sales And Use Tax

$3,827,123 (2024)

1995 2024

Real Property Taxes And Assessments

$1,902,743 (2024)

1995 2024

State Aid

$1,814,935 (2024)

1995 2024

Federal Aid

$1,356,665 (2024)

1995 2024

Use And Sale Of Property

$449,169 (2024)

1995 2024

Top Expenditures

Transportation

$3,868,200 (2024)

1995 2024

General Government

$2,629,885 (2024)

1995 2024

Employee Benefits

$787,034 (2024)

1995 2024

Culture And Recreation

$526,122 (2024)

1995 2024

Community Services

$145,654 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Richmond OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Richmond OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Richmond FSMS Report 2024	FSMS_MONITORING
2023	Town of Richmond Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Richmond 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: 320371100000

School Details

Not applicable for this entity type.