Town of Southold — Financial Data

23,732 Population FY 2024

$1,669 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$462 Part-Town Per Capita Spending Outside villages only FY 2024

4.5% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

3.3 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Greenport (pop. 2,583). 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, social services, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: debt service, employee benefits, general government, health, public safety, transportation).

Villages in Southold

Total village population: 2,583 (11% of town)

Village of Greenport pop. 2,583

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

5.4% Poverty Rate 2023

50.7% Bachelor's+ Rate 2023

6.0% Unemployment Rate 2023

83.6% Homeownership Rate 2023

Median Household Income

$109,152 (2023)

2010 2023

Per Capita Income

$70,960 (2023)

2010 2023

Median Home Value

$803,300 (2023)

2010 2023

Median Gross Rent

$2,141 (2023)

2010 2023

Median Age

54.6 (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

$42,089,160 (2024)

2011 2024

Full Value of Taxable Property

$19,709,626,140 (2024)

2011 2024

Debt Service

$6,092,315 (2024)

1995 2024

Debt Service %

4.5% (2024)

1995 2024

Town-Wide Per Capita Spending

$1,669 (2024)

2010 2024

Part-Town Per Capita Spending

$462 (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

3.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$84,110,601 (2024)

1995 2024

Other Non Property Taxes

$15,164,692 (2024)

1995 2024

Charges For Services

$12,048,897 (2024)

1995 2024

State Aid

$6,851,690 (2024)

1995 2024

Use And Sale Of Property

$6,483,521 (2024)

1995 2024

Top Expenditures

Employee Benefits

$33,859,801 (2024)

1995 2024

General Government

$29,090,428 (2024)

1995 2024

Public Safety

$27,259,203 (2024)

1995 2024

Transportation

$19,431,835 (2024)

1995 2024

Community Services

$9,587,074 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Southold OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Southold OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Southold FSMS Report 2024	FSMS_MONITORING
2023	Town of Southold Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Southold 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: 470379000000

School Details

Not applicable for this entity type.