Minneapolis, MN vs Charlotte, NC
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Minneapolis spends 38.2% more per capita than Charlotte ($6,056/person difference). Minneapolis, MN has the stronger Fiscal Health Score (B, 65/100).
Fiscal Health Score
B
65/100
Budget Balance17
Debt Burden91
Pension Funding76
Spending Efficiency80
Revenue Diversity100
Trend Direction50
C
63/100
Budget Balance71
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity100
Trend Direction50
Key Metrics
Metric
Minneapolis
Charlotte
Total Spending
$9.4B
$13.9B
Spending / Capita
$21,910
$15,854
Total Revenue
$8.2B
$43.5B
Revenue / Capita
$19,159
$49,746
Total Debt
$274.8M
$2.4B
Debt / Capita
$644
$2,690
Population
426,877
875,045
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Minneapolis$683
Charlotte$463
Highways & Roads
Minneapolis$221
Charlotte$41
Parks & Recreation
Minneapolis$3,486
Charlotte$1,571
Revenue Breakdown (Per Capita)
MinneapolisCharlotte
| Sales Tax | $1,989 | $541 |
| Income Tax | $994 | $366 |
| Intergovernmental | $2,929 | $1,859 |
| Charges & Fees | $2,040 | $2,459 |
| Other | $3,254 | $4,866 |
Spending Breakdown (Per Capita)
MinneapolisCharlotte
| Fire Protection | $683 | $463 |
| Highways & Roads | $221 | $41 |
| Public Welfare | $1,500 | $672 |
| Hospitals | $0 | $1,243 |
| Parks & Recreation | $3,486 | $1,571 |
| Housing | $4,133 | $3,944 |
| Sewerage | $570 | $0 |
| Utilities | $2,398 | $2,244 |
| Interest on Debt | $0 | $2,226 |
| Other | $8,919 | $3,448 |
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health
C
Charlotte, NC
Fiscal Health Score: 63/100
Average fiscal health