Town of Springfield — Financial Data

1,346 Population FY 2024

$1,094 Town-Wide Per Capita Spending All residents incl. villages FY 2025

0.0% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

13.3 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

22.4% Poverty Rate 2023

30.7% Bachelor's+ Rate 2023

2.3% Unemployment Rate 2023

84.7% Homeownership Rate 2023

Median Household Income

$63,859 (2023)

2010 2023

Per Capita Income

$38,310 (2023)

2010 2023

Median Home Value

$242,900 (2023)

2010 2023

Median Gross Rent

$750 (2023)

2010 2023

Median Age

46.4 (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 · 1995–2025

Fiscal Health

Debt Outstanding

$0 (2024)

2011 2024

Full Value of Taxable Property

$250,627,135 (2024)

2011 2024

Debt Service

$0 (2024)

1997 2024

Debt Service %

0.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$1,094 (2025)

2010 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (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

$558,628 (2025)

1995 2025

State Aid

$438,262 (2025)

1995 2025

Sales And Use Tax

$298,247 (2025)

1995 2025

Charges To Other Governments

$69,678 (2025)

1995 2025

Use And Sale Of Property

$31,514 (2025)

1995 2025

Top Expenditures

Transportation

$1,019,790 (2025)

1995 2025

Employee Benefits

$170,086 (2025)

1995 2025

General Government

$168,163 (2025)

1995 2025

Community Services

$63,035 (2025)

1995 2025

Culture And Recreation

$42,013 (2025)

1995 2025

Financial Documents (83)

Year	Title	Type
2025	Town of Springfield OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Springfield OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Springfield OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Springfield FSMS Report 2024	FSMS_MONITORING
2023	Town of Springfield Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 83 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 360379600000

School Details

Not applicable for this entity type.