Town of Milan — Financial Data

2,245 Population FY 2024

$1,385 Town-Wide Per Capita Spending All residents incl. villages FY 2024

4.4% 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

10.1% Poverty Rate 2023

49.9% Bachelor's+ Rate 2023

5.8% Unemployment Rate 2023

81.1% Homeownership Rate 2023

Median Household Income

$101,726 (2023)

2010 2023

Per Capita Income

$69,635 (2023)

2010 2023

Median Home Value

$399,800 (2023)

2010 2023

Median Gross Rent

$1,427 (2023)

2010 2023

Median Age

51.0 (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

$440,120 (2024)

2011 2024

Full Value of Taxable Property

$716,379,046 (2024)

2011 2024

Debt Service

$294,723 (2024)

1995 2024

Debt Service %

4.4% (2024)

1995 2024

Town-Wide Per Capita Spending

$1,385 (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

$2,970,290 (2024)

1995 2024

Other Local Revenues

$1,815,686 (2024)

1995 2024

State Aid

$766,731 (2024)

1995 2024

Federal Aid

$511,275 (2024)

1996 2024

Sales And Use Tax

$445,656 (2024)

1995 2024

Top Expenditures

General Government

$2,661,076 (2024)

1995 2024

Transportation

$2,510,394 (2024)

1995 2024

Employee Benefits

$515,665 (2024)

1995 2024

Public Safety

$403,669 (2024)

1995 2024

Sanitation

$108,861 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Milan OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Milan OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Milan FSMS Report 2024	FSMS_MONITORING
2023	Town of Milan Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Milan 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: 130353100000

School Details

Not applicable for this entity type.