Town of Smithtown — Financial Data

116,296 Population FY 2024

$589 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$259 Part-Town Per Capita Spending Outside villages only FY 2024

5.7% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

3.3 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Head Of The Harbor (pop. 1,520), Village of Nissequogue (pop. 1,564), Village of Village of The Branch (pop. 1,735). 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, health, public safety, sanitation, transportation, utilities). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: community services, debt service, employee benefits, general government, health, public safety, sanitation, transportation).

Villages in Smithtown

Total village population: 4,819 (4% of town)

Village of Head Of The Harbor pop. 1,520

Village of Nissequogue pop. 1,564

Village of Village of The Branch pop. 1,735

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

3.8% Poverty Rate 2023

51.7% Bachelor's+ Rate 2023

4.0% Unemployment Rate 2023

88.9% Homeownership Rate 2023

Median Household Income

$149,894 (2023)

2010 2023

Per Capita Income

$65,283 (2023)

2010 2023

Median Home Value

$640,300 (2023)

2010 2023

Median Gross Rent

$2,166 (2023)

2010 2023

Median Age

45.0 (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

$43,499,625 (2024)

2011 2024

Full Value of Taxable Property

$28,468,790,115 (2024)

2011 2024

Debt Service

$14,041,931 (2024)

1995 2024

Debt Service %

5.7% (2024)

1995 2024

Town-Wide Per Capita Spending

$589 (2024)

2010 2024

Part-Town Per Capita Spending

$259 (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

3.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$125,147,156 (2024)

1995 2024

Charges For Services

$60,966,069 (2024)

1995 2024

State Aid

$18,567,774 (2024)

1995 2024

Other Local Revenues

$9,759,445 (2024)

1995 2024

Use And Sale Of Property

$9,192,662 (2024)

1995 2024

Top Expenditures

Employee Benefits

$57,169,551 (2024)

1995 2024

General Government

$45,227,221 (2024)

1995 2024

Transportation

$45,008,705 (2024)

1995 2024

Sanitation

$31,741,196 (2024)

1995 2024

Culture And Recreation

$24,898,064 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Smithtown OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Smithtown OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Smithtown FSMS Report 2024	FSMS_MONITORING
2023	Town of Smithtown Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Smithtown 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: 470378000000

School Details

Not applicable for this entity type.