Town of Vestal (Broome County) — Financial Data

29,313 Population FY 2024

$632 Town-Wide Per Capita Spending All residents incl. villages FY 2024

6.3% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

0.0 Socio-Dem. Stress FY 2024

Tax Snapshot (Beta)

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for New York and Town of Vestal (Broome County).

Component	Summary	Effective	Coverage	Sources
NY state personal income tax	NY uses a progressive bracket schedule (4.00% to 10.90% on the current IT-201 schedule).	Tax year 2025 schedule; statutory update starts for tax years beginning after 2025.	Source verified	IT-201-I (2025 PDF); Tax Law §601
NY state sales and use tax (base)	NY state base sales and use tax rate is 4%; local rates are additive by jurisdiction.	In effect as of January 1, 2026.	Loaded	New York State Department of Taxation and Finance sales tax rates
NY state-level property tax policy	In New York, real property tax is raised and spent locally by counties, cities, towns, villages, school districts, and special districts; there is no single statewide property-tax rate.	Property-tax guidance page updated July 26, 2024 (accessed April 19, 2026).	Needs review	NY property taxes overview; ORPTS tax bill calculation guide

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

14.0% Poverty Rate 2023

45.0% Bachelor's+ Rate 2023

5.5% Unemployment Rate 2023

77.5% Homeownership Rate 2023

Median Household Income

$81,084 (2023)

2010 2023

Per Capita Income

$38,782 (2023)

2010 2023

Median Home Value

$185,400 (2023)

2010 2023

Median Gross Rent

$1,111 (2023)

2010 2023

Median Age

27.8 (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

$25,371,806 (2024)

2011 2024

Full Value of Taxable Property

$2,342,338,670 (2024)

2011 2024

Debt Service

$3,898,360 (2024)

1995 2024

Debt Service %

6.3% (2024)

1995 2024

Town-Wide Per Capita Spending

$632 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (2024)

2012 2024

Socio-Demographic Stress Score (OSC)

0 = no stress · 100 = significant stress

0.0 (2024)

2012 2024

Top Revenue Sources

Sales And Use Tax

$20,856,520 (2024)

1995 2024

Real Property Taxes And Assessments

$20,280,010 (2024)

1995 2024

Charges For Services

$8,976,268 (2024)

1995 2024

Federal Aid

$4,457,811 (2024)

1997 2024

Other Local Revenues

$3,701,012 (2024)

1995 2024

Top Expenditures

Public Safety

$14,750,456 (2024)

1995 2024

Transportation

$12,691,738 (2024)

1995 2024

Employee Benefits

$10,024,510 (2024)

1995 2024

General Government

$6,037,814 (2024)

1995 2024

Culture And Recreation

$5,500,188 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Vestal OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Vestal OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Vestal FSMS Report 2024	FSMS_MONITORING
2023	Town of Vestal (Broome County) Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Vestal OSC Annual Financial Report 2023	OSC_TOWN_CSV_AFR

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 030385500000

School Details

Not applicable for this entity type.

Geographic Relationships

This entity is within

Wholly within: Broome County
Wholly within: New York

Within this entity

Partly contains: Susquehanna Valley Central School District
Partly contains: Vestal Central School District