Memphis, TN vs Miami, FL
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Miami spends 21.6% more per capita than Memphis ($6,084/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
53/100
Budget Balance22
Debt Burden100
Pension Funding76
Spending Efficiency51
Revenue Diversity0
Trend Direction50
Key Metrics
Metric
Memphis
Miami
Total Spending
$13.9B
$12.5B
Spending / Capita
$22,111
$28,195
Total Revenue
$21.5B
$6.7B
Revenue / Capita
$34,065
$15,037
Total Debt
$191.2M
$0
Debt / Capita
$303
$0
Population
630,027
443,665
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Memphis$469
Miami$7,399
Highways & Roads
Memphis$277
Miami$0
Parks & Recreation
Memphis$1,397
Miami$1,783
Health
Memphis$391
Miami$0
Revenue Breakdown (Per Capita)
MemphisMiami
| Property Tax | $10 | $0 |
| Sales Tax | $496 | $1,647 |
| Income Tax | $1,218 | $0 |
| Intergovernmental | $34,065 | $15,037 |
| Charges & Fees | $2,077 | $0 |
| Other | $3,994 | $1,399 |
Spending Breakdown (Per Capita)
MemphisMiami
| Fire Protection | $469 | $7,399 |
| Highways & Roads | $277 | $0 |
| Public Welfare | $630 | $109 |
| Health | $391 | $0 |
| Hospitals | $1,677 | $1,499 |
| Parks & Recreation | $1,397 | $1,783 |
| Housing | $4,683 | $6,840 |
| Sewerage | $0 | $699 |
| Utilities | $2,578 | $1,295 |
| Interest on Debt | $1,158 | $0 |
| Other | $8,850 | $8,572 |
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health
C
Miami, FL
Fiscal Health Score: 53/100
Average fiscal health