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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Hoboken, NJ

Population: 58,754 (2022) · Small Cities (50K–100K)

C
53/100

Average fiscal health — some areas of concern

Total Spending
$1.2B
Per Capita
$21,143
Total Revenue
$1.3B
Total Debt
$0

Spending Breakdown

Other
52.9%$657.5M
Housing & Community Development
15.4%$191.9M
Hospitals
12.1%$150.7M
Utilities
11.0%$136.5M
Health
4.8%$59.5M
Fire Protection
1.5%$18.7M
Parks & Recreation
1.4%$18.0M
Public Welfare
0.5%$6.5M
Sewerage
0.2%$3.0M

Spending data sourced from the Census Bureau's Annual Survey of State & Local Government Finances. Per-capita comparisons use the Lincoln Institute's Fiscally Standardized Cities methodology for fair cross-city benchmarking.

Revenue Sources

Property Tax
3.6%$45.3M
Sales Tax
15.5%$195.7M
Intergovernmental
100.0%$1.3B
Charges & Fees
7.1%$89.0M
Other
4.0%$50.4M

Per Capita Spending by Department

Fire Protection$318/person
Parks & Recreation$306/person
Health$1,012/person

Score Breakdown

Budget Balance & Reserves (25%)27/100
Debt Burden (20%)100/100
Pension Funding (20%)76/100
Spending Efficiency (15%)43/100
Revenue Diversity (10%)0/100
Trend Direction (10%)50/100

Compare Cities

See how Hoboken stacks up against another city.

vs Newark, NJvs Jersey City, NJvs Paterson, NJ
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in New Jersey

Newark, NJ

Pop. 307K

C
Total Spending
$6.2B
Per Capita
$20,014

Jersey City, NJ

Pop. 288K

B
Total Spending
$6.1B
Per Capita
$21,136

Paterson, NJ

Pop. 158K

C
Total Spending
$2.5B
Per Capita
$16,110

Elizabeth, NJ

Pop. 136K

C
Total Spending
$2.9B
Per Capita
$21,067

Compare Hoboken With

Newark, NJ

Spending: $20,014/person · Grade: C

Jersey City, NJ

Spending: $21,136/person · Grade: B

Paterson, NJ

Spending: $16,110/person · Grade: C

Elizabeth, NJ

Spending: $21,067/person · Grade: C

Frequently Asked Questions

Hoboken, NJ spends $21,143 per resident, based on total expenditures of $1.2B for a population of 58,754. The city has a Fiscal Health Score of C (53/100).

Hoboken, NJ has total expenditures of $1.2B and total revenue of $1.3B. The city carries $0 in total debt, based on Census Bureau data from 2023.

Hoboken, NJ employs 0 government workers, of which 0 are full-time. The average government salary is $0, with 0.0 employees per 10,000 residents.

Hoboken, NJ has a Fiscal Health Score of C (53/100). This score evaluates budget balance, debt burden, pension funding, spending efficiency, revenue diversity, and 3-year fiscal trajectory compared to peer cities of similar population.

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