Minneapolis, MN vs Memphis, TN
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: Minneapolis, MN and Memphis, TN 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 Minneapolis, MN at $3,486 per resident and in Memphis, TN at $1,397.
They also fund themselves differently: other revenue is the largest single revenue source in Minneapolis, MN at 17% of total revenue, whereas Memphis, TN relies most on intergovernmental transfers at 100%.
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 | $0 | $10 |
| Sales Tax | $1,989 | $496 |
| Income Tax | $994 | $1,218 |
| Intergovernmental | $2,929 | $34,065 |
| Charges & Fees | $2,040 | $2,077 |
| Other | $3,254 | $3,994 |
Spending Breakdown (Per Capita)
| Fire Protection | $683 | $469 |
| Highways & Roads | $221 | $277 |
| Public Welfare | $1,500 | $630 |
| Health | $0 | $391 |
| Hospitals | $0 | $1,677 |
| Parks & Recreation | $3,486 | $1,397 |
| Housing | $4,133 | $4,683 |
| Sewerage | $570 | $0 |
| Utilities | $2,398 | $2,578 |
| Interest on Debt | $0 | $1,158 |
| Other | $8,919 | $8,850 |
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Source: Census Annual Survey of State and Local Government Finances, 2026.