Charlotte, NC vs Memphis, TN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Memphis spends 28.3% more per capita than Charlotte ($6,257/person difference). Memphis, TN has the stronger Fiscal Health Score (B, 65/100).
Fiscal Health Score
C
63/100
Budget Balance71
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity100
Trend Direction50
B
65/100
Budget Balance52
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity0
Trend Direction50
Key Metrics
Metric
Charlotte
Memphis
Total Spending
$13.9B
$13.9B
Spending / Capita
$15,854
$22,111
Total Revenue
$43.5B
$21.5B
Revenue / Capita
$49,746
$34,065
Total Debt
$2.4B
$191.2M
Debt / Capita
$2,690
$303
Population
875,045
630,027
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Charlotte$463
Memphis$469
Highways & Roads
Charlotte$41
Memphis$277
Parks & Recreation
Charlotte$1,571
Memphis$1,397
Health
Charlotte$0
Memphis$391
Revenue Breakdown (Per Capita)
CharlotteMemphis
| Property Tax | $0 | $10 |
| Sales Tax | $541 | $496 |
| Income Tax | $366 | $1,218 |
| Intergovernmental | $1,859 | $34,065 |
| Charges & Fees | $2,459 | $2,077 |
| Other | $4,866 | $3,994 |
Spending Breakdown (Per Capita)
CharlotteMemphis
| Fire Protection | $463 | $469 |
| Highways & Roads | $41 | $277 |
| Public Welfare | $672 | $630 |
| Health | $0 | $391 |
| Hospitals | $1,243 | $1,677 |
| Parks & Recreation | $1,571 | $1,397 |
| Housing | $3,944 | $4,683 |
| Utilities | $2,244 | $2,578 |
| Interest on Debt | $2,226 | $1,158 |
| Other | $3,448 | $8,850 |
C
Charlotte, NC
Fiscal Health Score: 63/100
Average fiscal health
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health