Town of Albion — Financial Data

7,639 Population FY 2024

$206 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$278 Part-Town Per Capita Spending Outside villages only FY 2024

4.8% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

40.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Albion (pop. 5,637). 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, culture and recreation, economic development, employee benefits, general government, health, public safety, transportation).

Villages in Albion

Total village population: 5,637 (74% of town)

Village of Albion pop. 5,637

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

20.6% Poverty Rate 2023

11.1% Bachelor's+ Rate 2023

11.3% Unemployment Rate 2023

67.5% Homeownership Rate 2023

Median Household Income

$49,609 (2023)

2010 2023

Per Capita Income

$24,764 (2023)

2010 2023

Median Home Value

$105,200 (2023)

2010 2023

Median Gross Rent

$881 (2023)

2010 2023

Median Age

43.6 (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

$1,802,500 (2024)

2011 2024

Full Value of Taxable Property

$316,773,001 (2024)

2011 2024

Debt Service

$244,237 (2024)

1997 2024

Debt Service %

4.8% (2024)

1997 2024

Town-Wide Per Capita Spending

$206 (2024)

2010 2024

Part-Town Per Capita Spending

$278 (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

40.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$3,197,574 (2024)

1995 2024

State Aid

$647,929 (2024)

1995 2024

Charges For Services

$608,220 (2024)

1995 2024

Charges To Other Governments

$294,822 (2024)

1995 2024

Sales And Use Tax

$238,130 (2024)

1997 2024

Top Expenditures

Transportation

$1,904,002 (2024)

1995 2024

General Government

$1,576,897 (2024)

1995 2024

Employee Benefits

$458,016 (2024)

1995 2024

Public Safety

$436,957 (2024)

1995 2024

Utilities

$403,528 (2024)

1997 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Albion OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Albion OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Albion FSMS Report 2024	FSMS_MONITORING
2023	Town of Albion Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Albion 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: 340300500000

School Details

Not applicable for this entity type.