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

Denver, CO vs Memphis, TN

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

Reviewed by CitySpend Editorial Team · Updated

Denver, CO spends 52% more per resident than Memphis, TN: $33,582 against $22,111. That gap is large enough to show up across most functional budget categories below.

Memphis, TN holds the stronger Fiscal Health Score, 65/100 (grade B) against 51/100 (grade C) for Denver, CO — a 14-point spread that puts the two in different grade territory.

On debt, Memphis, TN carries the lighter load at $303 per resident versus $5,126 for Denver, CO. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Denver, CO at $3,319 per resident and in Memphis, TN at $1,397.

On the revenue side both lean hardest on intergovernmental transfers — 37% of total revenue in Denver, CO and 100% in Memphis, TN.

Summary

Denver spends 51.9% more per capita than Memphis ($11,471/person difference). Memphis, TN has the stronger Fiscal Health Score (B, 65/100).

Fiscal Health Score

City A
Denver, CO
Pop. 710,800
C
51/100
Budget Balance68
Debt Burden0
Pension Funding76
Spending Efficiency26
Revenue Diversity99
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
Denver
Memphis
Total Spending
$23.9B
$13.9B
Spending / Capita
$33,582
$22,111
Total Revenue
$86.8B
$21.5B
Revenue / Capita
$122,063
$34,065
Total Debt
$3.6B
$191.2M
Debt / Capita
$5,126
$303
Population
710,800
630,027
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Police
Denver$2,455
Memphis$0
Fire Protection
Denver$1,668
Memphis$469
Highways & Roads
Denver$475
Memphis$277
Parks & Recreation
Denver$3,319
Memphis$1,397
Education
Denver$821
Memphis$0
Health
Denver$693
Memphis$391

Revenue Breakdown (Per Capita)

DenverMemphis
Property Tax
$0
$10
Sales Tax
$2,070
$496
Income Tax
$236
$1,218
Intergovernmental
$44,661
$34,065
Charges & Fees
$5,207
$2,077
Other
$10,100
$3,994

Spending Breakdown (Per Capita)

DenverMemphis
Police
$2,455
$0
Fire Protection
$1,668
$469
Highways & Roads
$475
$277
Education
$821
$0
Public Welfare
$764
$630
Health
$693
$391
Hospitals
$2,855
$1,677
Parks & Recreation
$3,319
$1,397
Housing
$3,565
$4,683
Sewerage
$293
$0
Utilities
$4,292
$2,578
Interest on Debt
$7
$1,158
General Admin
$364
$0
Other
$12,011
$8,850
C
Denver, CO
Fiscal Health Score: 51/100
Average 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.