Town of Carmel — Financial Data

33,576 Population FY 2024

$958 Town-Wide Per Capita Spending All residents incl. villages FY 2024

5.9% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

3.3 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

3.7% Poverty Rate 2023

40.5% Bachelor's+ Rate 2023

4.1% Unemployment Rate 2023

84.3% Homeownership Rate 2023

Median Household Income

$130,543 (2023)

2010 2023

Per Capita Income

$53,467 (2023)

2010 2023

Median Home Value

$471,900 (2023)

2010 2023

Median Gross Rent

$1,786 (2023)

2010 2023

Median Age

43.6 (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

$31,133,400 (2024)

2011 2024

Full Value of Taxable Property

$6,147,907,316 (2024)

2011 2024

Debt Service

$5,427,240 (2024)

1997 2024

Debt Service %

5.9% (2024)

1997 2024

Town-Wide Per Capita Spending

$958 (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

$67,744,367 (2024)

1995 2024

Charges For Services

$8,364,385 (2024)

1995 2024

Use And Sale Of Property

$3,981,748 (2024)

1995 2024

Charges To Other Governments

$3,382,390 (2024)

1995 2024

State Aid

$3,142,480 (2024)

1995 2024

Top Expenditures

Employee Benefits

$20,637,008 (2024)

1995 2024

Public Safety

$20,458,669 (2024)

1995 2024

Transportation

$15,991,883 (2024)

1995 2024

General Government

$9,982,052 (2024)

1995 2024

Sanitation

$9,677,678 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Carmel OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Carmel OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Carmel FSMS Report 2024	FSMS_MONITORING
2023	Town of Carmel Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Carmel 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: 370312900000

School Details

Not applicable for this entity type.