Indianapolis city (balance), IN vs Memphis, TN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Indianapolis city (balance), IN outspends Memphis, TN by a wide margin per resident — $46,045 versus $22,111, a 108% difference. A gap this size usually reflects a structurally different service mix or accounting scope rather than a single line item.
Indianapolis city (balance), IN holds the stronger Fiscal Health Score, 74/100 (grade B) against 65/100 (grade B) for Memphis, TN — a 9-point spread that puts the two in different grade territory.
On debt, Memphis, TN carries the lighter load at $303 per resident versus $577 for Indianapolis city (balance), IN. Their budgets diverge on where the largest per-resident dollars go: Indianapolis city (balance), IN leads with police at $2,032 per resident, while Memphis, TN leads with parks and recreation at $1,397.
They also fund themselves differently: other revenue is the largest single revenue source in Indianapolis city (balance), IN at 6% of total revenue, whereas Memphis, TN relies most on intergovernmental transfers at 100%.
Summary
Indianapolis city (balance) spends 108.2% more per capita than Memphis ($23,934/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 | $20 | $10 |
| Sales Tax | $178 | $496 |
| Income Tax | $136 | $1,218 |
| Intergovernmental | $1,312 | $34,065 |
| Charges & Fees | $2,813 | $2,077 |
| Other | $4,675 | $3,994 |
Spending Breakdown (Per Capita)
| Police | $2,032 | $0 |
| Fire Protection | $397 | $469 |
| Highways & Roads | $0 | $277 |
| Public Welfare | $1,469 | $630 |
| Health | $0 | $391 |
| Hospitals | $2,453 | $1,677 |
| Parks & Recreation | $798 | $1,397 |
| Housing | $2,664 | $4,683 |
| Sewerage | $248 | $0 |
| Utilities | $2,227 | $2,578 |
| Interest on Debt | $1,381 | $1,158 |
| General Admin | $23,227 | $0 |
| Other | $9,149 | $8,850 |
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Source: Census Annual Survey of State and Local Government Finances, 2026.