Norwich — Financial Data

6,880 Population FY 2023

23.0% Fund Balance FY 2024

$2,202 Per-Capita Spending FY 2024

2.7% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

20.0 Env. Stress FY 2024

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

19.0% Poverty Rate 2023

26.0% Bachelor's+ Rate 2023

11.8% Unemployment Rate 2023

42.2% Homeownership Rate 2023

Median Household Income

$51,713 (2023)

2010 2023

Per Capita Income

$30,499 (2023)

2010 2023

Median Home Value

$123,100 (2023)

2010 2023

Median Gross Rent

$842 (2023)

2010 2023

Median Age

40.1 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Trends

Curated financial dashboard (1995–2024)

Fiscal Health

Available Fund Balance

$3,492,191 (2024)

2011 2024

Cash Position

$4,104,348 (2024)

1995 2024

Debt Service

$401,639 (2024)

1995 2024

Fund Balance %

23.0% (2024)

2011 2024

Debt Service %

2.7% (2024)

1995 2024

Per-Capita Spending

$2,202 (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

20.0 (2024)

2012 2024

Top Revenue Sources

Charges For Services

$3,738,425 (2024)

1995 2024

State Aid

$3,684,255 (2024)

1995 2024

Real Property Taxes And Assessments

$3,499,719 (2024)

1995 2024

Sales And Use Tax

$2,476,644 (2024)

1995 2024

Charges To Other Governments

$1,002,353 (2024)

1995 2024

Top Expenditures

Public Safety

$4,984,485 (2024)

1995 2024

Employee Benefits

$2,855,514 (2024)

1995 2024

Utilities

$2,163,969 (2024)

1995 2024

Transportation

$2,023,464 (2024)

1995 2024

General Government

$1,519,218 (2024)

1995 2024

Financial Documents (56)

Year	Title	Type
2024	Norwich OSC Annual Financial Report 2024	OSC_AFR
2024	Norwich FSMS Report 2024	FSMS_MONITORING
2023	Norwich Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Norwich OSC Annual Financial Report 2023	OSC_AFR
2023	Norwich FSMS Report 2023	FSMS_MONITORING

View all 56 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: County seat of Chenango County
OSC Code: 080237000000

School Details

Not applicable for this entity type.

Dependent Entities

Fiscally dependent entities that roll up to Norwich:

Norwich City School District (School district)