Town of Colchester — Financial Data

1,782 Population FY 2024

$3,133 Town-Wide Per Capita Spending All residents incl. villages FY 2024

0.2% Debt Service FY 2024

16.3 Fiscal Stress FY 2024

20.0 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

14.7% Poverty Rate 2023

20.7% Bachelor's+ Rate 2023

9.2% Unemployment Rate 2023

85.8% Homeownership Rate 2023

Median Household Income

$64,286 (2023)

2010 2023

Per Capita Income

$40,738 (2023)

2010 2023

Median Home Value

$230,500 (2023)

2010 2023

Median Gross Rent

$732 (2022)

2010 2022

Median Age

48.8 (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

$354,120 (2024)

2011 2024

Full Value of Taxable Property

$1,087,091,631 (2024)

2011 2024

Debt Service

$26,042 (2024)

1997 2024

Debt Service %

0.2% (2024)

1997 2024

Town-Wide Per Capita Spending

$3,133 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

16.3 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

20.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$5,099,771 (2024)

1995 2024

State Aid

$899,658 (2024)

1995 2024

Other Local Revenues

$541,186 (2024)

1995 2024

Charges To Other Governments

$431,770 (2024)

1995 2024

Use And Sale Of Property

$384,950 (2024)

1995 2024

Top Expenditures

Public Safety

$4,593,079 (2024)

1995 2024

Transportation

$3,226,858 (2024)

1995 2024

Employee Benefits

$1,516,161 (2024)

1995 2024

General Government

$1,262,004 (2024)

1995 2024

Utilities

$461,896 (2024)

1997 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Colchester OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Colchester OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Colchester FSMS Report 2024	FSMS_MONITORING
2023	Town of Colchester Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Colchester 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: 120318200000

School Details

Not applicable for this entity type.