Minneapolis, MN vs Memphis, TN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Memphis spends 0.9% more per capita than Minneapolis ($201/person difference). Both cities share the same Fiscal Health Score.
Fiscal Health Score
B
65/100
Budget Balance17
Debt Burden91
Pension Funding76
Spending Efficiency80
Revenue Diversity100
Trend Direction50
B
65/100
Budget Balance52
Debt Burden100
Pension Funding76
Spending Efficiency79
Revenue Diversity0
Trend Direction50
Key Metrics
Metric
Minneapolis
Memphis
Total Spending
$9.4B
$13.9B
Spending / Capita
$21,910
$22,111
Total Revenue
$8.2B
$21.5B
Revenue / Capita
$19,159
$34,065
Total Debt
$274.8M
$191.2M
Debt / Capita
$644
$303
Population
426,877
630,027
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Minneapolis$683
Memphis$469
Highways & Roads
Minneapolis$221
Memphis$277
Parks & Recreation
Minneapolis$3,486
Memphis$1,397
Health
Minneapolis$0
Memphis$391
Revenue Breakdown (Per Capita)
MinneapolisMemphis
| 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)
MinneapolisMemphis
| 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 |
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health
B
Memphis, TN
Fiscal Health Score: 65/100
Good fiscal health