Town of Wolcott — Financial Data

4,002 Population FY 2024

$344 Town-Wide Per Capita Spending All residents incl. villages FY 2025

$414 Part-Town Per Capita Spending Outside villages only FY 2025

10.7% Debt Service FY 2024

12.9 Fiscal Stress FY 2024

20.0 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Red Creek (pop. 495), Village of Wolcott (pop. 1,556). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, economic development, employee benefits, general government, health, public safety, sanitation, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: community services, culture and recreation, economic development, employee benefits, general government, health, public safety, sanitation, transportation, utilities).

Villages in Wolcott

Total village population: 2,051 (51% of town)

Village of Red Creek pop. 495

Village of Wolcott pop. 1,556

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

19.5% Poverty Rate 2023

17.4% Bachelor's+ Rate 2023

4.6% Unemployment Rate 2023

80.2% Homeownership Rate 2023

Median Household Income

$62,019 (2023)

2010 2023

Per Capita Income

$30,909 (2023)

2010 2023

Median Home Value

$85,400 (2023)

2010 2023

Median Gross Rent

$699 (2023)

2010 2023

Median Age

40.7 (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

$10,762,400 (2024)

2011 2024

Full Value of Taxable Property

$306,670,903 (2024)

2011 2024

Debt Service

$514,351 (2024)

1997 2024

Debt Service %

10.7% (2024)

1997 2024

Town-Wide Per Capita Spending

$344 (2025)

2010 2025

Part-Town Per Capita Spending

$414 (2025)

2010 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

12.9 (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

$1,118,867 (2025)

1995 2025

Sales And Use Tax

$390,711 (2025)

1995 2025

State Aid

$385,661 (2025)

1995 2025

Charges To Other Governments

$285,614 (2025)

1995 2025

Use And Sale Of Property

$122,306 (2025)

1995 2025

Top Expenditures

Transportation

$1,442,756 (2025)

1995 2025

General Government

$416,915 (2025)

1995 2025

Employee Benefits

$227,613 (2025)

1995 2025

Public Safety

$64,561 (2025)

1995 2025

Sanitation

$20,198 (2025)

1995 2025

Financial Documents (85)

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

View all 85 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 540392200000

School Details

Not applicable for this entity type.