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Arvada · FY2023 municipal finance benchmarks

Adams, Jefferson counties · Denver Metro · home rule municipality · Pop. 122,901 (2025 estimate); FY2023 per-resident figures use 121,813 · Census finance data FY2016, FY2017, FY2021, FY2023

Latest Census Bureau finance data for Arvada: FY2023. Retrieved Oct 2026. Newer years are added when the Census Bureau publishes them. Why the lag?

FY2023 in brief

Debt per resident runs 25% below peers.

  • Revenue per resident withheld: Revenue per resident is 4260% of this city's typical level in other years
  • Tax revenue per resident withheld: Tax revenue per resident is 2185% of this city's typical level in other years

Generated from the figures below. Every number links to its Census source.

Compared with

Nearest on population, household income and region

FY2023 headline figures

Revenue per resident (definition)

Peer median
Benchmark unavailable
CO median · 97 with a published figure
$3,580
Position
Not reported for this year
5-year changenominal dollars
Withheld with this year's value

Expenditures per resident (definition)

$1,709
44% below peers
Peer median
$3,033
CO median · 91 with a published figure
$3,680
Position
Higher than 9% of the 91 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Tax revenue per resident (definition)

Peer median
Benchmark unavailable
CO median · 90 with a published figure
$1,726
Position
Not reported for this year
5-year changenominal dollars
Withheld with this year's value

Debt per resident (definition)

$835
25% below peers
Peer median
$1,108
CO median · 91 with a published figure
$2,130
Position
Higher than 18% of the 91 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Where the money comes from and where it goes

Per resident, FY2023. Bars show Arvada; the gold tick is the peer median. How categories work

The biggest difference from peers is Parks, libraries & community: $236 per resident, 59% below the peer median.

Money in

Revenue

Categories are withheld with the total until it is verified against Arvada’s audited financial report.

Peer median of 4 peers · Colorado median of 97 reporting

Money out

Spending

$1,709
per resident44% below peers
Money out: Arvada spending per resident by category, FY2023, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$55129% belowpeers $780
$53830% belowpeers $770
$34943% belowpeers $610
$23659% belowpeers $582
$3645% belowpeers $65
None reported · peers $243$0None reported
None reported · peers $1$0None reported
Peer median of 3 peers · Colorado median of 91 reporting

Arvada and its peers

The five Colorado municipalities nearest on population, median household income and region. Budget size isn’t a matching factor, so peers aren’t chosen on the figures being compared. Per resident, FY2023. How peers are chosen

Open in Compare
Arvada compared with its peer municipalities, FY2023, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
Arvada$1,709$895$835
WestminsterUtilities: City-owned utilities (water, electric, gas, transit) brought in 12.9% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,101$3,033$1,724$1,151$2,944
Centennial$638$583$452$23
BoulderUtilities: City-owned utilities (water, electric, gas, transit) brought in 10.1% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,415$3,906$2,014$1,047$2,182
Longmont
LakewoodUtilities: City-owned utilities (water, electric, gas, transit) brought in 0.5% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,624$1,537$1,031$754$33
Peer medianBenchmark unavailable$3,033Benchmark unavailable$901$1,108

Utilities marks a municipality whose revenue and spending include city-owned utilities (water, electric, gas, transit), which raises its per-resident totals.

Sources

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