Memphis, TN vs Albuquerque, NM
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Memphis, TN spends 28% more per resident than Albuquerque, NM: $22,111 against $17,237. That gap is large enough to show up across most functional budget categories below.
Albuquerque, NM holds the stronger Fiscal Health Score, 81/100 (grade A) against 65/100 (grade B) for Memphis, TN — a 16-point spread that puts the two in different grade territory.
On debt, Memphis, TN carries the lighter load at $303 per resident versus $613 for Albuquerque, NM. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Memphis, TN at $1,397 per resident and in Albuquerque, NM at $1,990.
They also fund themselves differently: intergovernmental transfers is the largest single revenue source in Memphis, TN at 100% of total revenue, whereas Albuquerque, NM relies most on charges and fees at 11%.
Summary
Memphis spends 28.3% more per capita than Albuquerque ($4,873/person difference). Albuquerque, NM has the stronger Fiscal Health Score (A, 81/100).
Fiscal Health Score
Key Metrics
Per Capita Spending by Department
Revenue Breakdown (Per Capita)
| Property Tax | $10 | $36 |
| Sales Tax | $496 | $355 |
| Income Tax | $1,218 | $1,580 |
| Intergovernmental | $34,065 | $1,897 |
| Charges & Fees | $2,077 | $2,633 |
| Other | $3,994 | $2,174 |
Spending Breakdown (Per Capita)
| Fire Protection | $469 | $440 |
| Highways & Roads | $277 | $172 |
| Public Welfare | $630 | $419 |
| Health | $391 | $291 |
| Hospitals | $1,677 | $328 |
| Parks & Recreation | $1,397 | $1,990 |
| Housing | $4,683 | $4,080 |
| Utilities | $2,578 | $5,212 |
| Interest on Debt | $1,158 | $1,096 |
| Other | $8,850 | $3,209 |
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Source: Census Annual Survey of State and Local Government Finances, 2026.