Memphis, TN vs Charlotte, NC
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Memphis spends 39.5% more per capita than Charlotte ($6,257/person difference). Memphis, TN has the stronger Fiscal Health Score (B, 65/100).
Fiscal Health Score
B
65/100
Budget Balance52
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity0
Trend Direction50
C
63/100
Budget Balance71
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity100
Trend Direction50
Key Metrics
Metric
Memphis
Charlotte
Total Spending
$13.9B
$13.9B
Spending / Capita
$22,111
$15,854
Total Revenue
$21.5B
$43.5B
Revenue / Capita
$34,065
$49,746
Total Debt
$191.2M
$2.4B
Debt / Capita
$303
$2,690
Population
630,027
875,045
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Memphis$469
Charlotte$463
Highways & Roads
Memphis$277
Charlotte$41
Parks & Recreation
Memphis$1,397
Charlotte$1,571
Health
Memphis$391
Charlotte$0
Revenue Breakdown (Per Capita)
MemphisCharlotte
| Property Tax | $10 | $0 |
| Sales Tax | $496 | $541 |
| Income Tax | $1,218 | $366 |
| Intergovernmental | $34,065 | $1,859 |
| Charges & Fees | $2,077 | $2,459 |
| Other | $3,994 | $4,866 |
Spending Breakdown (Per Capita)
MemphisCharlotte
| Fire Protection | $469 | $463 |
| Highways & Roads | $277 | $41 |
| Public Welfare | $630 | $672 |
| Health | $391 | $0 |
| Hospitals | $1,677 | $1,243 |
| Parks & Recreation | $1,397 | $1,571 |
| Housing | $4,683 | $3,944 |
| Utilities | $2,578 | $2,244 |
| Interest on Debt | $1,158 | $2,226 |
| Other | $8,850 | $3,448 |
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health
C
Charlotte, NC
Fiscal Health Score: 63/100
Average fiscal health