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

Minneapolis, MN

Population: 426,877 (2022) · Large Cities (250K+)

B
65/100

Good fiscal health — above-average across most metrics

Total Spending
$9.4B
Per Capita
$21,910
Total Revenue
$8.2B
Total Debt
$274.8M

Spending Breakdown

Other
40.7%$3.8B
Housing & Community Development
18.9%$1.8B
Parks & Recreation
15.9%$1.5B
Utilities
10.9%$1.0B
Public Welfare
6.8%$640.5M
Fire Protection
3.1%$291.4M
Sewerage
2.6%$243.2M
Highways & Roads
1.0%$94.5M

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

Sales Tax
10.4%$849.0M
Income Tax
5.2%$424.4M
Intergovernmental
15.3%$1.3B
Charges & Fees
10.6%$870.7M
Other
17.0%$1.4B

Per Capita Spending by Department

Fire Protection$683/person
Highways & Roads$221/person
Parks & Recreation$3,486/person

Score Breakdown

Budget Balance & Reserves (25%)17/100
Debt Burden (20%)91/100
Pension Funding (20%)76/100
Spending Efficiency (15%)80/100
Revenue Diversity (10%)100/100
Trend Direction (10%)50/100

Debt Overview

Total Debt$274.8M
Long-Term Debt$522.5M
Debt Per Capita$644
Cash & Securities$27.7M

Compare Cities

See how Minneapolis stacks up against another city.

vs St. Paul, MNvs Rochester, MNvs Bloomington, MN
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in Minnesota

St. Paul, MN

Pop. 309K

C
Total Spending
$7.0B
Per Capita
$22,552

Rochester, MN

Pop. 121K

A
Total Spending
$1.7B
Per Capita
$13,796

Bloomington, MN

Pop. 89K

D
Total Spending
$1.9B
Per Capita
$21,342

Duluth, MN

Pop. 87K

F
Total Spending
$2.8B
Per Capita
$32,786

Compare Minneapolis With

St. Paul, MN

Spending: $22,552/person · Grade: C

Rochester, MN

Spending: $13,796/person · Grade: A

Bloomington, MN

Spending: $21,342/person · Grade: D

Duluth, MN

Spending: $32,786/person · Grade: F

Frequently Asked Questions

Minneapolis, MN spends $21,910 per resident, based on total expenditures of $9.4B for a population of 426,877. The city has a Fiscal Health Score of B (65/100).

Minneapolis, MN has total expenditures of $9.4B and total revenue of $8.2B. The city carries $274.8M in total debt, based on Census Bureau data from 2023.

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

Minneapolis, MN has a Fiscal Health Score of B (65/100). 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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