Miami, FL vs Memphis, TN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Miami spends 27.5% more per capita than Memphis ($6,084/person difference). Memphis, TN has the stronger Fiscal Health Score (B, 65/100).
Fiscal Health Score
C
53/100
Budget Balance22
Debt Burden100
Pension Funding76
Spending Efficiency51
Revenue Diversity0
Trend Direction50
B
65/100
Budget Balance52
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity0
Trend Direction50
Key Metrics
Metric
Miami
Memphis
Total Spending
$12.5B
$13.9B
Spending / Capita
$28,195
$22,111
Total Revenue
$6.7B
$21.5B
Revenue / Capita
$15,037
$34,065
Total Debt
$0
$191.2M
Debt / Capita
$0
$303
Population
443,665
630,027
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Miami$7,399
Memphis$469
Highways & Roads
Miami$0
Memphis$277
Parks & Recreation
Miami$1,783
Memphis$1,397
Health
Miami$0
Memphis$391
Revenue Breakdown (Per Capita)
MiamiMemphis
| Property Tax | $0 | $10 |
| Sales Tax | $1,647 | $496 |
| Income Tax | $0 | $1,218 |
| Intergovernmental | $15,037 | $34,065 |
| Charges & Fees | $0 | $2,077 |
| Other | $1,399 | $3,994 |
Spending Breakdown (Per Capita)
MiamiMemphis
| Fire Protection | $7,399 | $469 |
| Highways & Roads | $0 | $277 |
| Public Welfare | $109 | $630 |
| Health | $0 | $391 |
| Hospitals | $1,499 | $1,677 |
| Parks & Recreation | $1,783 | $1,397 |
| Housing | $6,840 | $4,683 |
| Sewerage | $699 | $0 |
| Utilities | $1,295 | $2,578 |
| Interest on Debt | $0 | $1,158 |
| Other | $8,572 | $8,850 |
C
Miami, FL
Fiscal Health Score: 53/100
Average fiscal health
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health