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

Lakewood, CO vs Thornton, CO

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

Reviewed by CitySpend Editorial Team · Updated

Thornton, CO spends 40% more per resident than Lakewood, CO: $14,462 against $10,295. That gap is large enough to show up across most functional budget categories below.

Lakewood, CO edges Thornton, CO on the Fiscal Health Score by 2 points — 56/100 (grade C) to 54/100 (grade C). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.

On debt, Lakewood, CO carries the lighter load at $1 per resident versus $1,221 for Thornton, CO. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Lakewood, CO at $2,250 per resident and in Thornton, CO at $1,969.

They also fund themselves differently: other revenue is the largest single revenue source in Lakewood, CO at 167% of total revenue, whereas Thornton, CO relies most on intergovernmental transfers at 100%.

Summary

Thornton spends 28.8% more per capita than Lakewood ($4,166/person difference). Lakewood, CO has the stronger Fiscal Health Score (C, 56/100).

Fiscal Health Score

City A
Lakewood, CO
Pop. 156,149
C
56/100
Budget Balance5
Debt Burden100
Pension Funding76
Spending Efficiency100
Revenue Diversity0
Trend Direction50
City B
Thornton, CO
Pop. 141,799
C
54/100
Budget Balance78
Debt Burden3
Pension Funding76
Spending Efficiency94
Revenue Diversity0
Trend Direction50

Key Metrics

Metric
Lakewood
Thornton
Total Spending
$1.6B
$2.1B
Spending / Capita
$10,295
$14,462
Total Revenue
$199.2M
$2.5B
Revenue / Capita
$1,276
$17,658
Total Debt
$182K
$173.1M
Debt / Capita
$1
$1,221
Population
156,149
141,799
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Fire Protection
Lakewood$205
Thornton$427
Highways & Roads
Lakewood$0
Thornton$411
Parks & Recreation
Lakewood$2,250
Thornton$1,969

Revenue Breakdown (Per Capita)

LakewoodThornton
Sales Tax
$897
$530
Income Tax
$0
$420
Intergovernmental
$1,276
$17,658
Charges & Fees
$82
$4,216
Other
$2,128
$1,541

Spending Breakdown (Per Capita)

LakewoodThornton
Fire Protection
$205
$427
Highways & Roads
$0
$411
Public Welfare
$1,061
$899
Hospitals
$70
$173
Parks & Recreation
$2,250
$1,969
Housing
$3,750
$3,363
Sewerage
$176
$159
Utilities
$79
$3,118
Other
$2,705
$3,943
C
Lakewood, CO
Fiscal Health Score: 56/100
Average fiscal health
C
Thornton, CO
Fiscal Health Score: 54/100
Average fiscal health

Compare More Cities

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