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.
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 copyHow 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 copyWhat 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 copyHow 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 copyHow 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 copyHow 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 copyHow 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 copyHow 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 copyHow 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 copyWhat 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 copyHow 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.
| Rank | City | City government total revenue per resident, 2022 |
|---|---|---|
| 210 | St. George | $3,177 |
| 211 | Flagstaff | $3,174 |
| 212 | Elkhart | $3,154 |
| 213 | Hoboken | $3,146 |
| 214 | Lubbock | $3,131 |
| 215 | Tracy | $3,118 |
| 216 | Columbia | $3,098 |
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.
| Rank | City | City government total spending per resident, 2022 |
|---|---|---|
| 308 | Grand Prairie | $2,443 |
| 309 | Aurora | $2,441 |
| 310 | Livermore | $2,441 |
| 311 | Hoboken | $2,441 |
| 312 | Greensboro | $2,434 |
| 313 | Plainfield | $2,428 |
| 314 | Buckeye | $2,426 |
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.
| Rank | City | City taxes collected per resident, 2022 |
|---|---|---|
| 175 | Redlands | $1,358 |
| 176 | Asheville | $1,357 |
| 177 | Roseville | $1,357 |
| 178 | Hoboken | $1,356 |
| 179 | Folsom | $1,352 |
| 180 | Des Moines | $1,349 |
| 181 | Arcadia | $1,338 |
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.
| Rank | City | City spending on police per resident, 2022 |
|---|---|---|
| 278 | Fort Pierce | $355 |
| 279 | Monterey Park | $355 |
| 280 | Homestead | $354 |
| 281 | Hoboken | $353 |
| 282 | Jupiter | $353 |
| 283 | Tallahassee | $351 |
| 284 | Albuquerque | $350 |
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.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2022 |
|---|---|---|
| 297 | Columbia | $2,384 |
| 298 | Reading | $2,382 |
| 299 | Loveland | $2,376 |
| 300 | Hoboken | $2,374 |
| 301 | Grand Junction | $2,369 |
| 302 | Albuquerque | $2,365 |
| 303 | Everett | $2,364 |
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.
| Rank | City | Property tax as a share of city tax revenue, 2022 |
|---|---|---|
| 51 | Medford | 95.9% |
| 52 | Chicopee | 95.9% |
| 53 | Providence | 95.9% |
| 54 | Hoboken | 95.8% |
| 55 | Lawrence | 95.8% |
| 56 | Brockton | 95.8% |
| 57 | Troy | 95.8% |
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.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2022 |
|---|---|---|
| 171 | Rochester | 28.4% |
| 172 | Evansville | 28.4% |
| 173 | Caldwell | 28.3% |
| 174 | Hoboken | 28.3% |
| 175 | Tuscaloosa | 28.2% |
| 176 | Duluth | 28.1% |
| 177 | Quincy | 28.1% |
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Sources
- U.S. Census Bureau: 2022 Census of Governments: State and Local Government Finances, individual unit files (item amounts for every government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 c8de889f6b33…)
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
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