Town of Somers — Financial Data

21,541 Population FY 2024

$688 Town-Wide Per Capita Spending All residents incl. villages FY 2024

2.2% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

10.0 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

3.0% Poverty Rate 2023

67.4% Bachelor's+ Rate 2023

4.1% Unemployment Rate 2023

88.4% Homeownership Rate 2023

Median Household Income

$164,457 (2023)

2010 2023

Per Capita Income

$79,651 (2023)

2010 2023

Median Home Value

$611,500 (2023)

2010 2023

Median Gross Rent

$3,501 (2023)

2010 2023

Median Age

49.4 (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

$3,960,000 (2024)

2011 2024

Full Value of Taxable Property

$5,105,373,038 (2024)

2011 2024

Debt Service

$742,281 (2024)

1997 2024

Debt Service %

2.2% (2024)

1997 2024

Town-Wide Per Capita Spending

$688 (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

10.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$14,328,016 (2024)

1995 2024

Sales And Use Tax

$11,559,708 (2024)

1995 2024

Federal Aid

$4,805,836 (2024)

1995 2024

Charges For Services

$3,081,756 (2024)

1995 2024

State Aid

$2,947,525 (2024)

1995 2024

Top Expenditures

Employee Benefits

$7,806,311 (2024)

1995 2024

General Government

$6,870,076 (2024)

1995 2024

Transportation

$6,752,422 (2024)

1995 2024

Culture And Recreation

$4,262,314 (2024)

1995 2024

Public Safety

$3,179,474 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Somers OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Somers OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Somers FSMS Report 2024	FSMS_MONITORING
2023	Town of Somers Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Somers 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: 550378500000

School Details

Not applicable for this entity type.