Town of Canton — Financial Data

11,638 Population FY 2024

$170 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$525 Part-Town Per Capita Spending Outside villages only FY 2024

0.0% Debt Service FY 2024

47.1 Fiscal Stress FY 2024

13.3 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Canton (pop. 7,155), Village of Rensselaer Falls (pop. 361). 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, social services, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, economic development, employee benefits, general government, health, public safety, social services, transportation).

Villages in Canton

Total village population: 7,516 (65% of town)

Village of Canton pop. 7,155

Village of Rensselaer Falls pop. 361

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

14.7% Poverty Rate 2023

36.5% Bachelor's+ Rate 2023

6.2% Unemployment Rate 2023

54.9% Homeownership Rate 2023

Median Household Income

$72,753 (2023)

2010 2023

Per Capita Income

$29,967 (2023)

2010 2023

Median Home Value

$154,600 (2023)

2010 2023

Median Gross Rent

$876 (2023)

2010 2023

Median Age

30.0 (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

$0 (2024)

2011 2024

Full Value of Taxable Property

$544,754,234 (2024)

2011 2024

Debt Service

$0 (2024)

1997 2024

Debt Service %

0.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$170 (2024)

2010 2024

Part-Town Per Capita Spending

$525 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

47.1 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

13.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$2,676,362 (2024)

1995 2024

State Aid

$2,584,463 (2024)

1995 2024

Sales And Use Tax

$2,428,070 (2024)

1995 2024

Other Local Revenues

$337,780 (2024)

1995 2024

Charges For Services

$303,573 (2024)

1995 2024

Top Expenditures

Transportation

$4,883,438 (2024)

1995 2024

General Government

$1,748,326 (2024)

1995 2024

Employee Benefits

$901,131 (2024)

1995 2024

Public Safety

$460,437 (2024)

1995 2024

Culture And Recreation

$387,813 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Canton OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Canton OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Canton FSMS Report 2024	FSMS_MONITORING
2023	Town of Canton Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Canton 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: 400312500000

School Details

Not applicable for this entity type.