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Iowa vs Minnesota

Federal spending comparison

Iowa holds $3.84B in USAspending.gov obligations against Minnesota’s $2.74B. Minnesota is the larger Census state—5,793,151 residents versus Iowa’s 3,241,488—yet Iowa’s spending per capita is $127.17 versus $66.07. Minnesota files more awards (98,897 versus 48,706). FY2026 obligations are $412.2M in Iowa and $382.8M in Minnesota. Iowa’s top industry is radio and television broadcasting and wireless communications equipment manufacturing; Minnesota’s is pharmacy benefit management and other third party administration of insurance and pension funds. These totals are obligations, not outlays.

Key figures

  • Iowa $3.84B vs Minnesota $2.74B in stacked USAspending obligations.
  • Iowa per capita $127.17 vs Minnesota $66.07 on 3,241,488 vs 5,793,151 residents.
  • Awards: 48,706 vs 98,897; FY2026 $412.2M vs $382.8M.
  • Top industries: wireless communications equipment in Iowa; pharmacy benefit management in Minnesota.
  • Figures are USAspending.gov obligations, not Treasury outlays.

Fewer people, a larger obligation stock

Iowa’s $3.84B is the larger stacked total. Minnesota’s $2.74B sits on a bigger Census count: 5,793,151 versus 3,241,488. The per-person reading therefore flips. Iowa’s $127.17 per capita is nearly double Minnesota’s $66.07. Headcount does not set the dollar ranking on this pair.

Award volume runs the other way. Minnesota records 98,897 awards; Iowa records 48,706. Minnesota’s file is denser in rows on a smaller stock. Iowa’s 48,706 actions sit on $3.84B. Average size is not in the packet; the row counts are.

FY2026 keeps Iowa ahead on recency as well: $412.2M versus $382.8M. That latest-year cut is a slice of the same obligation series, not Treasury cash. Cite USAspending.gov for both the stacked stocks and the FY2026 amounts.

Wireless equipment versus pharmacy benefit administration

Iowa’s lead NAICS is radio and television broadcasting and wireless communications equipment manufacturing. Minnesota’s lead NAICS is pharmacy benefit management and other third party administration of insurance and pension funds. Those labels are the largest industry slices on $3.84B and $2.74B. They are not the full mix.

The 48,706 Iowa awards and 98,897 Minnesota awards include many actions outside those peaks. Use the Iowa and Minnesota state hubs for agencies and recipients. Both peaks are USAspending.gov obligation mixes, not outlay mixes.

Full analysis: Iowa vs Minnesota on USAspending: $3.84B vs $2.74B

Questions

Does Iowa or Minnesota have more federal spending?
Iowa leads stacked USAspending.gov obligations $3.84B to Minnesota’s $2.74B. Iowa also leads spending per capita, $127.17 versus $66.07, on 3,241,488 residents against Minnesota’s 5,793,151. Minnesota has more awards (98,897 vs 48,706). FY2026 obligations are $412.2M in Iowa and $382.8M in Minnesota.
Why is Iowa’s per-capita figure higher than Minnesota’s?
The packet reports $127.17 per capita in Iowa on 3,241,488 residents and $66.07 in Minnesota on 5,793,151. Stacked stocks are $3.84B versus $2.74B. Award counts are 48,706 versus 98,897. These figures are USAspending.gov obligations, not outlays.
What industries lead in Iowa and Minnesota?
Iowa’s top industry is radio and television broadcasting and wireless communications equipment manufacturing. Minnesota’s is pharmacy benefit management and other third party administration of insurance and pension funds. Those labels are the largest NAICS slices on $3.84B and $2.74B. Award counts are 48,706 in Iowa and 98,897 in Minnesota.
Are Iowa vs Minnesota figures Treasury outlays?
No. The $3.84B and $2.74B totals, and FY2026 amounts of $412.2M and $382.8M, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($127.17 vs $66.07) uses Census population where present.

State comparison from SpendingVault aggregates of USAspending obligations. Per-capita uses Census population where present.

Side-by-side federal spending and demographic comparison between Iowa and Minnesota.
IowaMetricMinnesota
$16.45BTotal Spending$116.24B
$5KPer Capita$20K
N/A% of GDPN/A
3.2MPopulation5.8M
N/AMedian IncomeN/A
N/APoverty RateN/A
N/ABachelor Degree %N/A
N/AMedian AgeN/A
N/AUnemploymentN/A
N/AGDP (Millions)N/A

Top Agencies — Iowa

  • Social Security Administration$42.07B
  • Department of Health and Human Services$31.54B
  • Department of Defense$15.44B
  • Department of Agriculture$9.48B
  • Department of Veterans Affairs$4.32B

Top Agencies — Minnesota

  • Department of Health and Human Services$505.87B
  • Social Security Administration$72.83B
  • Department of Defense$22.63B
  • Department of Agriculture$16.40B
  • Department of Veterans Affairs$7.88B

Top Industries — Iowa

  • OTHER COMMUNICATIONS EQUIPMENT MANUFACTURING$2.56B
  • AMMUNITION (EXCEPT SMALL ARMS) MANUFACTURING$2.47B
  • RADIO AND TELEVISION BROADCASTING AND WIRELESS COMMUNICATIONS EQUIPMENT MANUFACTURING$2.13B
  • SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING$1.58B
  • AIRCRAFT MANUFACTURING$1.40B

Top Industries — Minnesota

  • DIRECT HEALTH AND MEDICAL INSURANCE CARRIERS$13.15B
  • AMMUNITION (EXCEPT SMALL ARMS) MANUFACTURING$3.41B
  • ENGINEERING SERVICES$782.1M
  • SMALL ARMS AMMUNITION MANUFACTURING$669.0M
  • COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION$644.5M