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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Minneapolis, MN vs Lakeville, MN

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

Minneapolis, MN outspends Lakeville, MN by a wide margin per resident — $21,910 versus $9,491, a 131% difference. A gap this size usually reflects a structurally different service mix or accounting scope rather than a single line item.

Minneapolis, MN edges Lakeville, MN on the Fiscal Health Score by 7 points — 65/100 (grade B) to 58/100 (grade C). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.

On debt, Minneapolis, MN carries the lighter load at $644 per resident versus $869 for Lakeville, MN. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Minneapolis, MN at $3,486 per resident and in Lakeville, MN at $688.

They also fund themselves differently: other revenue is the largest single revenue source in Minneapolis, MN at 17% of total revenue, whereas Lakeville, MN relies most on intergovernmental transfers at 36%.

Summary

Minneapolis spends 130.9% more per capita than Lakeville ($12,419/person difference). Minneapolis, MN has the stronger Fiscal Health Score (B, 65/100).

Fiscal Health Score

City A
Minneapolis, MN
Pop. 426,877
B
65/100
Budget Balance17
Debt Burden91
Pension Funding76
Spending Efficiency80
Revenue Diversity100
Trend Direction50
City B
Lakeville, MN
Pop. 70,696
C
58/100
Budget Balance54
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity93
Trend Direction50

Key Metrics

Metric
Minneapolis
Lakeville
Total Spending
$9.4B
$670.9M
Spending / Capita
$21,910
$9,491
Total Revenue
$8.2B
$1.3B
Revenue / Capita
$19,159
$18,789
Total Debt
$274.8M
$61.4M
Debt / Capita
$644
$869
Population
426,877
70,696
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Fire Protection
Minneapolis$683
Lakeville$274
Highways & Roads
Minneapolis$221
Lakeville$0
Parks & Recreation
Minneapolis$3,486
Lakeville$688

Revenue Breakdown (Per Capita)

MinneapolisLakeville
Property Tax
$0
$619
Sales Tax
$1,989
$785
Income Tax
$994
$0
Intergovernmental
$2,929
$6,772
Charges & Fees
$2,040
$1,685
Other
$3,254
$2,950

Spending Breakdown (Per Capita)

MinneapolisLakeville
Fire Protection
$683
$274
Highways & Roads
$221
$0
Public Welfare
$1,500
$777
Parks & Recreation
$3,486
$688
Housing
$4,133
$2,141
Sewerage
$570
$0
Utilities
$2,398
$1,292
Other
$8,919
$4,319
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health
C
Lakeville, MN
Fiscal Health Score: 58/100
Average fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.