Memphis, TN vs Franklin, TN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Memphis spends 57.0% more per capita than Franklin ($8,030/person difference). Franklin, TN has the stronger Fiscal Health Score (A, 86/100).
Fiscal Health Score
B
65/100
Budget Balance52
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity0
Trend Direction50
A
86/100
Budget Balance89
Debt Burden100
Pension Funding76
Spending Efficiency89
Revenue Diversity100
Trend Direction50
Key Metrics
Metric
Memphis
Franklin
Total Spending
$13.9B
$1.2B
Spending / Capita
$22,111
$14,081
Total Revenue
$21.5B
$1.4B
Revenue / Capita
$34,065
$16,873
Total Debt
$191.2M
$0
Debt / Capita
$303
$0
Population
630,027
83,630
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Memphis$469
Franklin$1,221
Highways & Roads
Memphis$277
Franklin$0
Parks & Recreation
Memphis$1,397
Franklin$755
Health
Memphis$391
Franklin$0
Revenue Breakdown (Per Capita)
MemphisFranklin
| Property Tax | $10 | $0 |
| Sales Tax | $496 | $18 |
| Income Tax | $1,218 | $1,305 |
| Intergovernmental | $34,065 | $870 |
| Charges & Fees | $2,077 | $1,759 |
| Other | $3,994 | $3,204 |
Spending Breakdown (Per Capita)
MemphisFranklin
| Fire Protection | $469 | $1,221 |
| Highways & Roads | $277 | $0 |
| Public Welfare | $630 | $1,715 |
| Health | $391 | $0 |
| Hospitals | $1,677 | $1,026 |
| Parks & Recreation | $1,397 | $755 |
| Housing | $4,683 | $2,660 |
| Utilities | $2,578 | $2,599 |
| Interest on Debt | $1,158 | $412 |
| Other | $8,850 | $3,693 |
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health
A
Franklin, TN
Fiscal Health Score: 86/100
Excellent fiscal health