This is a guest blog post by Ryan Neu, Co-founder of TicketZen (www.ticketzen.com), the company that has unified and optimized the way we pay parking tickets. City Officials interested in implementing mobile parking ticket collections in their city can reach Ryan at email@example.com.
Parking in major metropolitan cities is no walk in the park. U.S. cities generate billions of dollars in parking-related fines–every year. While all cities have different policies and vendors to handle parking ticket issuance and collections, we set out to understand how some of our country’s biggest cities stack up in terms of parking ticket revenue generation. In this post, we will review the parking ticket revenue and population of the following cities: New York City, Los Angeles, Chicago, San Francisco, Boston, and Washington D.C.
The following is the population of the six cities:
New York – 8,210,000
Los Angeles – 3,850,000
San Francisco – 812,000
Boston – 625,000
Washington D.C. – 580,000
Parking Ticket Revenue Generation
Next, we looked up the actual parking ticket revenue from the most recently available Comprehensive Annual Financial Reports.
In 2011, New York City was the clear front-runner with almost $600 million in collected parking fine revenue. Boston collected the lowest amount of parking fine revenue at $62.5 million.
Approximate Parking Ticket Revenue
New York City – $591,000,000
Chicago – $263,228,000
Los Angeles – $158,417,000
Washington D.C. – $92,600,000
San Francisco – $88,000,000
Boston – $62,500,000
New York City is 14x bigger than Washington D.C., so it is no surprise that New York generates more parking ticket revenue than Washington. However, if you look at the amount of parking ticket revenue collected by New York City and break it down to a parking-fine-to-citizen level, a different story emerges.
Parking Ticket Fines per Citizen
Out of these 6 cities, we know that New York City issues the most amount of parking tickets, but who generates the most amount of parking ticket revenue per citizen?
By dividing the actual parking ticket revenue, by the city’s population, Washington D.C. tops the chart.
Annual Parking Ticket Fine Amount per Citizen
Washington – $159 per citizen
San Francisco – $108 per citizen
Boston – $99 per citizen
Chicago – $97 per citizen
New York City – $71 per citizen
Los Angeles – $41 per citizen
Out of the sampled cities, Washington D.C. is the most aggressive in terms of ticket revenue generated per citizen. Washington D.C. collects roughly $159 of parking fine revenue per citizen, which is over 2x the amount generated by NYC per citizen. Next on the list is San Francisco ($108), Boston ($99), Chicago ($97), New York City ($71), and Los Angeles ($41).
Washington D.C.’s parking office has received a lot of attention recently. In 2011, D.C. generated the same amount of parking ticket revenue as Los Angeles, with only 17,000 parking meters (as compared to 40,000 in Los Angeles). (LINK http://washington.cbslocal.com/2012/03/05/d-c-issues-record-number-of-parking-tickets-in-2011/). If you plan on parking in D.C., fill the meter diligently, or expect to get slapped with a parking ticket. Our nation’s capital relies on parking ticket revenue and is quite prolific with parking ticket issuance and compliance.