Baltimore, MD vs Indianapolis city (balance), IN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Baltimore, MD spends 48% more per resident than Indianapolis city (balance), IN: $67,935 against $46,045. That gap is large enough to show up across most functional budget categories below.
Indianapolis city (balance), IN edges Baltimore, MD on the Fiscal Health Score by 4 points — 74/100 (grade B) to 70/100 (grade B). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.
Baltimore, MD reports no outstanding debt per resident in its Census filing, while Indianapolis city (balance), IN carries $577 per resident. Their budgets diverge on where the largest per-resident dollars go: Baltimore, MD leads with education at $35,510 per resident, while Indianapolis city (balance), IN leads with police at $2,032.
They also fund themselves differently: intergovernmental transfers is the largest single revenue source in Baltimore, MD at 7% of total revenue, whereas Indianapolis city (balance), IN relies most on other revenue at 6%.
Summary
Baltimore spends 47.5% more per capita than Indianapolis city (balance) ($21,890/person difference). Indianapolis city (balance), IN has the stronger Fiscal Health Score (B, 74/100).
Fiscal Health Score
Key Metrics
Per Capita Spending by Department
Revenue Breakdown (Per Capita)
| Property Tax | $84 | $20 |
| Sales Tax | $55 | $178 |
| Income Tax | $375 | $136 |
| Intergovernmental | $5,085 | $1,312 |
| Charges & Fees | $2,192 | $2,813 |
| Other | $4,765 | $4,675 |
Spending Breakdown (Per Capita)
| Police | $820 | $2,032 |
| Fire Protection | $1,214 | $397 |
| Highways & Roads | $676 | $0 |
| Education | $35,510 | $0 |
| Public Welfare | $714 | $1,469 |
| Health | $757 | $0 |
| Hospitals | $1,877 | $2,453 |
| Parks & Recreation | $384 | $798 |
| Housing | $4,087 | $2,664 |
| Sewerage | $87 | $248 |
| Utilities | $3,809 | $2,227 |
| Interest on Debt | $0 | $1,381 |
| General Admin | $19 | $23,227 |
| Other | $17,981 | $9,149 |
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Source: Census Annual Survey of State and Local Government Finances, 2026.