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

Albuquerque, NM vs Memphis, TN

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

Memphis, TN spends 28% more per resident than Albuquerque, NM: $22,111 against $17,237. That gap is large enough to show up across most functional budget categories below.

Albuquerque, NM holds the stronger Fiscal Health Score, 81/100 (grade A) against 65/100 (grade B) for Memphis, TN — a 16-point spread that puts the two in different grade territory.

On debt, Memphis, TN carries the lighter load at $303 per resident versus $613 for Albuquerque, NM. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Albuquerque, NM at $1,990 per resident and in Memphis, TN at $1,397.

They also fund themselves differently: charges and fees is the largest single revenue source in Albuquerque, NM at 11% of total revenue, whereas Memphis, TN relies most on intergovernmental transfers at 100%.

Summary

Memphis spends 22.0% more per capita than Albuquerque ($4,873/person difference). Albuquerque, NM has the stronger Fiscal Health Score (A, 81/100).

Fiscal Health Score

City A
Albuquerque, NM
Pop. 562,551
A
81/100
Budget Balance68
Debt Burden94
Pension Funding76
Spending Efficiency100
Revenue Diversity100
Trend Direction50
City B
Memphis, TN
Pop. 630,027
B
65/100
Budget Balance52
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity0
Trend Direction50

Key Metrics

Metric
Albuquerque
Memphis
Total Spending
$9.7B
$13.9B
Spending / Capita
$17,237
$22,111
Total Revenue
$13.3B
$21.5B
Revenue / Capita
$23,652
$34,065
Total Debt
$344.9M
$191.2M
Debt / Capita
$613
$303
Population
562,551
630,027
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Fire Protection
Albuquerque$440
Memphis$469
Highways & Roads
Albuquerque$172
Memphis$277
Parks & Recreation
Albuquerque$1,990
Memphis$1,397
Health
Albuquerque$291
Memphis$391

Revenue Breakdown (Per Capita)

AlbuquerqueMemphis
Property Tax
$36
$10
Sales Tax
$355
$496
Income Tax
$1,580
$1,218
Intergovernmental
$1,897
$34,065
Charges & Fees
$2,633
$2,077
Other
$2,174
$3,994

Spending Breakdown (Per Capita)

AlbuquerqueMemphis
Fire Protection
$440
$469
Highways & Roads
$172
$277
Public Welfare
$419
$630
Health
$291
$391
Hospitals
$328
$1,677
Parks & Recreation
$1,990
$1,397
Housing
$4,080
$4,683
Utilities
$5,212
$2,578
Interest on Debt
$1,096
$1,158
Other
$3,209
$8,850
A
Albuquerque, NM
Fiscal Health Score: 81/100
Excellent fiscal health
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.