Memphis, TN vs Minneapolis, MN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Memphis, TN and Minneapolis, MN spend within 0.9% of each other per resident — $22,111 versus $21,910 — so on the headline spending-per-capita measure the two cities are effectively neck and neck.
On the CitySpend Fiscal Health Score the two are level: Memphis, TN and Minneapolis, MN both land at 65/100 (grade B and B respectively), so the deciding factors sit in the underlying six-factor breakdown rather than the rolled-up grade.
On debt, Memphis, TN carries the lighter load at $303 per resident versus $644 for Minneapolis, MN. 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 Minneapolis, MN at $3,486.
They also fund themselves differently: intergovernmental transfers is the largest single revenue source in Memphis, TN at 100% of total revenue, whereas Minneapolis, MN relies most on other revenue at 17%.
Summary
Memphis spends 0.9% more per capita than Minneapolis ($201/person difference). Both cities share the same Fiscal Health Score.
Fiscal Health Score
Key Metrics
Per Capita Spending by Department
Revenue Breakdown (Per Capita)
| 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)
| 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 |
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Source: Census Annual Survey of State and Local Government Finances, 2026.