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Government budget and revenue in Hoboken, New Jersey: official figures

Hoboken's city government took in $167.00 million in total revenue in the fiscal year ended 30 June 2022, or $3,146 for each of its 53,081 residents (2022 figure in the finance file); per resident that is the 213th highest of 731 US cities of 50,000 or more with reported figures in the 2022 Census of Governments.

City government revenue per resident
$3,146
2022
City government spending per resident
$2,441
2022
City long-term debt per resident
$2,374
2022

How much does Hoboken spend and on what?

It spent $129.58 million in the same year, $2,441 per resident, the 311th highest of 731 US cities of 50,000 or more with reported figures in the 2022 Census of Governments. The largest identified functions were housing and community development (15.9%), police (14.5%) and parking (12.9%) of the total.

Source: U.S. Census Bureau · saved copy

How much tax does Hoboken collect per resident?

Taxes raised $71.99 million ($1,356 per resident, the 178th highest of 731) in the fiscal year ended 30 June 2022, 45.4% of general revenue, compared with 49.3% for all US city governments combined in 2022.

Source: U.S. Census Bureau · saved copy

What taxes does Hoboken rely on?

Of Hoboken's tax revenue in the fiscal year ended 30 June 2022, property tax made up 95.8%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 1.8%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Hoboken's property tax share is the 54th highest of 730 US cities of 50,000 or more with reported figures in the 2022 Census of Governments.

Source: U.S. Census Bureau · saved copy

How much federal and state money does Hoboken get?

Payments from other governments made up 28.3% of Hoboken's city government's general revenue in the fiscal year ended 30 June 2022: 22.7% from the federal government ($678 per resident), 5.6% from the state. For all US city governments in 2022 the aid share was 24.3%.

Source: U.S. Census Bureau · saved copy

How much does Hoboken raise from fees and utilities?

Fees and charges for services such as sewerage, trash, parks and airports brought in $37.13 million, 23.4% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $8.46 million.

Source: U.S. Census Bureau · saved copy

How much does Hoboken spend on police?

Hoboken's city government spent $18.76 million on police in the fiscal year ended 30 June 2022, $353 per resident (the 281st highest of 731) and 14.5% of its total spending; police took 10.3% of spending across all US city governments in 2022.

Source: U.S. Census Bureau · saved copy

How much does Hoboken spend on fire protection?

Fire protection cost $16.70 million, $315 per resident, in the fiscal year ended 30 June 2022.

Source: U.S. Census Bureau · saved copy

How much debt does Hoboken have?

At the end of the fiscal year ended 30 June 2022, Hoboken's city government owed $126.03 million in long-term debt, $2,374 per resident (the 300th highest of 731). During the year it issued $48.03 million of new long-term debt and repaid $41.01 million.

Source: U.S. Census Bureau · saved copy

How much does Hoboken pay in interest on its debt?

Interest on debt cost $2.67 million in the fiscal year ended 30 June 2022, 2.1% of total spending.

Source: U.S. Census Bureau · saved copy

What is the latest budget data for Hoboken?

The Census Bureau imputed 93% of the revenue dollars in Hoboken's 2024 record, so these facts use the 2022 Census of Governments, for which the city reported its figures.

Source: U.S. Census Bureau · saved copy

How Hoboken compares with other cities in the United States

City government total revenue per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Hoboken ranks 213 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total revenue per resident, 2022
210St. George$3,177
211Flagstaff$3,174
212Elkhart$3,154
213Hoboken$3,146
214Lubbock$3,131
215Tracy$3,118
216Columbia$3,098
Source: U.S. Census Bureau · saved copy

City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Hoboken ranks 311 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total spending per resident, 2022
308Grand Prairie$2,443
309Aurora$2,441
310Livermore$2,441
311Hoboken$2,441
312Greensboro$2,434
313Plainfield$2,428
314Buckeye$2,426
Source: U.S. Census Bureau · saved copy

City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Hoboken ranks 178 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity taxes collected per resident, 2022
175Redlands$1,358
176Asheville$1,357
177Roseville$1,357
178Hoboken$1,356
179Folsom$1,352
180Des Moines$1,349
181Arcadia$1,338
Source: U.S. Census Bureau · saved copy

City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Hoboken ranks 281 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity spending on police per resident, 2022
278Fort Pierce$355
279Monterey Park$355
280Homestead$354
281Hoboken$353
282Jupiter$353
283Tallahassee$351
284Albuquerque$350
Source: U.S. Census Bureau · saved copy

City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Hoboken ranks 300 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity long-term debt outstanding per resident, end of fiscal 2022
297Columbia$2,384
298Reading$2,382
299Loveland$2,376
300Hoboken$2,374
301Grand Junction$2,369
302Albuquerque$2,365
303Everett$2,364
Source: U.S. Census Bureau · saved copy

Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Hoboken ranks 54 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityProperty tax as a share of city tax revenue, 2022
51Medford95.9%
52Chicopee95.9%
53Providence95.9%
54Hoboken95.8%
55Lawrence95.8%
56Brockton95.8%
57Troy95.8%
Source: U.S. Census Bureau · saved copy

Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Hoboken ranks 174 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityFederal, state and local aid as a share of city general revenue, 2022
171Rochester28.4%
172Evansville28.4%
173Caldwell28.3%
174Hoboken28.3%
175Tuscaloosa28.2%
176Duluth28.1%
177Quincy28.1%
Source: U.S. Census Bureau · saved copy

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Sources

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