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

Lakeville, MN vs Minneapolis, MN

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

Reviewed by CitySpend Editorial Team · Updated

Minneapolis, MN outspends Lakeville, MN by a wide margin per resident — $21,910 versus $9,491, a 131% difference. A gap this size usually reflects a structurally different service mix or accounting scope rather than a single line item.

Minneapolis, MN edges Lakeville, MN on the Fiscal Health Score by 7 points — 65/100 (grade B) to 58/100 (grade C). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.

On debt, Minneapolis, MN carries the lighter load at $644 per resident versus $869 for Lakeville, MN. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Lakeville, MN at $688 per resident and in Minneapolis, MN at $3,486.

They also fund themselves differently: intergovernmental transfers is the largest single revenue source in Lakeville, MN at 36% of total revenue, whereas Minneapolis, MN relies most on other revenue at 17%.

Summary

Minneapolis spends 56.7% more per capita than Lakeville ($12,419/person difference). Minneapolis, MN has the stronger Fiscal Health Score (B, 65/100).

Fiscal Health Score

City A
Lakeville, MN
Pop. 70,696
C
58/100
Budget Balance54
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity93
Trend Direction50
City B
Minneapolis, MN
Pop. 426,877
B
65/100
Budget Balance17
Debt Burden91
Pension Funding76
Spending Efficiency80
Revenue Diversity100
Trend Direction50

Key Metrics

Metric
Lakeville
Minneapolis
Total Spending
$670.9M
$9.4B
Spending / Capita
$9,491
$21,910
Total Revenue
$1.3B
$8.2B
Revenue / Capita
$18,789
$19,159
Total Debt
$61.4M
$274.8M
Debt / Capita
$869
$644
Population
70,696
426,877
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Fire Protection
Lakeville$274
Minneapolis$683
Highways & Roads
Lakeville$0
Minneapolis$221
Parks & Recreation
Lakeville$688
Minneapolis$3,486

Revenue Breakdown (Per Capita)

LakevilleMinneapolis
Property Tax
$619
$0
Sales Tax
$785
$1,989
Income Tax
$0
$994
Intergovernmental
$6,772
$2,929
Charges & Fees
$1,685
$2,040
Other
$2,950
$3,254

Spending Breakdown (Per Capita)

LakevilleMinneapolis
Fire Protection
$274
$683
Highways & Roads
$0
$221
Public Welfare
$777
$1,500
Parks & Recreation
$688
$3,486
Housing
$2,141
$4,133
Sewerage
$0
$570
Utilities
$1,292
$2,398
Other
$4,319
$8,919
C
Lakeville, MN
Fiscal Health Score: 58/100
Average fiscal health
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health

Compare More Cities

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