Town of Wales — Financial Data

3,009 Population FY 2024

$418 Town-Wide Per Capita Spending All residents incl. villages FY 2025

0.0% 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

4.5% Poverty Rate 2023

27.3% Bachelor's+ Rate 2023

2.1% Unemployment Rate 2023

90.9% Homeownership Rate 2023

Median Household Income

$86,649 (2023)

2010 2023

Per Capita Income

$46,844 (2023)

2010 2023

Median Home Value

$230,800 (2023)

2010 2023

Median Gross Rent

$847 (2023)

2010 2023

Median Age

46.3 (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 · 1995–2025

Fiscal Health

Debt Outstanding

$0 (2024)

2011 2024

Full Value of Taxable Property

$440,269,996 (2024)

2011 2024

Debt Service

$0 (2024)

1997 2024

Debt Service %

0.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$418 (2025)

2010 2025

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

$650,518 (2025)

1995 2025

Charges To Other Governments

$226,225 (2025)

1995 2025

State Aid

$132,334 (2025)

1995 2025

Real Property Taxes And Assessments

$78,084 (2025)

1995 2025

Other Local Revenues

$69,974 (2025)

1995 2025

Top Expenditures

General Government

$500,024 (2025)

1995 2025

Transportation

$485,749 (2025)

1995 2025

Employee Benefits

$168,237 (2025)

1995 2025

Public Safety

$55,494 (2025)

1995 2025

Culture And Recreation

$35,214 (2025)

1995 2025

Financial Documents (85)

Year	Title	Type
2025	Town of Wales OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Wales OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Wales OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Wales FSMS Report 2024	FSMS_MONITORING
2023	Town of Wales Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 85 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 140386400000

School Details

Not applicable for this entity type.