Memphis, TN vs Minneapolis, MN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Memphis spends 0.9% more per capita than Minneapolis ($201/person difference). Both cities share the same Fiscal Health Score.
Fiscal Health Score
B
65/100
Budget Balance52
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity0
Trend Direction50
B
65/100
Budget Balance17
Debt Burden91
Pension Funding76
Spending Efficiency80
Revenue Diversity100
Trend Direction50
Key Metrics
Metric
Memphis
Minneapolis
Total Spending
$13.9B
$9.4B
Spending / Capita
$22,111
$21,910
Total Revenue
$21.5B
$8.2B
Revenue / Capita
$34,065
$19,159
Total Debt
$191.2M
$274.8M
Debt / Capita
$303
$644
Population
630,027
426,877
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Memphis$469
Minneapolis$683
Highways & Roads
Memphis$277
Minneapolis$221
Parks & Recreation
Memphis$1,397
Minneapolis$3,486
Health
Memphis$391
Minneapolis$0
Revenue Breakdown (Per Capita)
MemphisMinneapolis
| Property Tax | $10 | $0 |
| Sales Tax | $496 | $1,989 |
| Income Tax | $1,218 | $994 |
| Intergovernmental | $34,065 | $2,929 |
| Charges & Fees | $2,077 | $2,040 |
| Other | $3,994 | $3,254 |
Spending Breakdown (Per Capita)
MemphisMinneapolis
| Fire Protection | $469 | $683 |
| Highways & Roads | $277 | $221 |
| Public Welfare | $630 | $1,500 |
| Health | $391 | $0 |
| Hospitals | $1,677 | $0 |
| Parks & Recreation | $1,397 | $3,486 |
| Housing | $4,683 | $4,133 |
| Sewerage | $0 | $570 |
| Utilities | $2,578 | $2,398 |
| Interest on Debt | $1,158 | $0 |
| Other | $8,850 | $8,919 |
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health