Town of Wilmington — Financial Data

1,139 Population FY 2024

$1,604 Town-Wide Per Capita Spending All residents incl. villages FY 2024

13.9% Debt Service FY 2024

5.0 Fiscal Stress FY 2024

10.0 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

3.3% Poverty Rate 2023

30.9% Bachelor's+ Rate 2023

1.8% Unemployment Rate 2023

83.5% Homeownership Rate 2023

Median Household Income

$80,568 (2023)

2010 2023

Per Capita Income

$48,638 (2023)

2010 2023

Median Home Value

$272,800 (2023)

2010 2023

Median Gross Rent

$1,095 (2023)

2010 2023

Median Age

44.0 (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

$3,807,063 (2024)

2011 2024

Full Value of Taxable Property

$387,353,736 (2024)

2011 2024

Debt Service

$579,337 (2024)

1995 2024

Debt Service %

13.9% (2024)

1995 2024

Town-Wide Per Capita Spending

$1,604 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

5.0 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

10.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$2,543,054 (2024)

1995 2024

Charges To Other Governments

$683,104 (2024)

1995 2024

State Aid

$467,291 (2024)

1995 2024

Charges For Services

$329,933 (2024)

1995 2024

Use And Sale Of Property

$307,452 (2024)

1995 2024

Top Expenditures

Transportation

$1,312,683 (2024)

1995 2024

Employee Benefits

$798,825 (2024)

1995 2024

General Government

$641,944 (2024)

1995 2024

Culture And Recreation

$466,054 (2024)

1995 2024

Utilities

$141,341 (2024)

1997 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Wilmington OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Wilmington OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Wilmington FSMS Report 2024	FSMS_MONITORING
2023	Town of Wilmington Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Wilmington 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: 150391400000

School Details

Not applicable for this entity type.