Indiana vs Minnesota
Federal spending comparison
Indiana accounts for $3.83B in USAspending.gov obligations; Minnesota accounts for $2.74B. Indiana is also the larger Census state—6,924,275 residents versus 5,793,151—and the higher per-capita reading, $80.53 versus $66.07. Minnesota still files more awards: 98,897 against Indiana’s 58,316. FY2026 obligations are $557.6M in Indiana and $382.8M in Minnesota. Indiana’s top industry is commercial and institutional building construction; Minnesota’s is pharmacy benefit management and other third party administration of insurance and pension funds. The figures are obligations, not outlays.
Key figures
- Indiana $3.83B vs Minnesota $2.74B in stacked USAspending obligations.
- Indiana per capita $80.53 vs Minnesota $66.07 on 6,924,275 vs 5,793,151 residents.
- Awards: 58,316 vs 98,897; FY2026 $557.6M vs $382.8M.
- Top industries: commercial construction in Indiana; pharmacy benefit management in Minnesota.
- Figures are USAspending.gov obligations, not Treasury outlays.
Indiana leads the stock; Minnesota leads the rows
Indiana’s $3.83B is about 1.40 times Minnesota’s $2.74B. Population is closer: 6,924,275 versus 5,793,151. Dollars outrun people on this pair, which is why Indiana’s $80.53 per capita sits above Minnesota’s $66.07. Both readings use Census counts where present.
Award counts favor Minnesota, 98,897 versus 58,316. Minnesota’s file is busier in rows on a smaller stock. Indiana’s 58,316 actions on $3.83B are fewer and sit beside the $80.53 reading on 6,924,275 residents.
FY2026 widens Indiana’s dollar lead on recency: $557.6M versus $382.8M. That latest-year cut is a slice of the obligation series. Cite USAspending.gov for both the stacked totals and the FY2026 amounts.
Construction in Indiana, pharmacy administration in Minnesota
Indiana’s lead NAICS is commercial and institutional building construction. Minnesota’s lead NAICS is pharmacy benefit management and other third party administration of insurance and pension funds. Those peaks sit on $3.83B and $2.74B. A construction lead is a first filter on the Indiana mix; a pharmacy-administration lead is a first filter on the Minnesota mix.
The 58,316 Indiana awards and 98,897 Minnesota awards include many actions outside those labels. Use the Indiana and Minnesota state hubs for agencies and recipients. Both peaks are USAspending.gov obligation mixes.
Full analysis: Indiana vs Minnesota on USAspending: $3.83B vs $2.74B →
Questions
- Does Indiana or Minnesota have more federal spending?
- Indiana leads stacked USAspending.gov obligations $3.83B to Minnesota’s $2.74B. Indiana also leads spending per capita, $80.53 versus $66.07, on 6,924,275 residents against Minnesota’s 5,793,151. Minnesota has more awards (98,897 vs 58,316). FY2026 obligations are $557.6M in Indiana and $382.8M in Minnesota.
- Why does Minnesota have more awards than Indiana?
- The packet reports 98,897 awards in Minnesota and 58,316 in Indiana. Minnesota’s stacked stock is smaller ($2.74B vs $3.83B). Spending per capita is $66.07 versus $80.53. These figures are USAspending.gov obligations, not outlays. Award count is a row total, not an average size.
- What industries lead in Indiana and Minnesota?
- Indiana’s top industry is commercial and institutional building construction. Minnesota’s is pharmacy benefit management and other third party administration of insurance and pension funds. Those labels are the largest NAICS slices on $3.83B and $2.74B. Award counts are 58,316 in Indiana and 98,897 in Minnesota.
- Are Indiana vs Minnesota figures Treasury outlays?
- No. The $3.83B and $2.74B totals, and FY2026 amounts of $557.6M and $382.8M, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($80.53 vs $66.07) uses Census population where present.
State comparison from SpendingVault aggregates of USAspending obligations. Per-capita uses Census population where present.
| Indiana | Metric | Minnesota |
|---|---|---|
| $99.17B | Total Spending | $116.24B |
| $14K | Per Capita | $20K |
| N/A | % of GDP | N/A |
| 6.9M | Population | 5.8M |
| N/A | Median Income | N/A |
| N/A | Poverty Rate | N/A |
| N/A | Bachelor Degree % | N/A |
| N/A | Median Age | N/A |
| N/A | Unemployment | N/A |
| N/A | GDP (Millions) | N/A |
Top Agencies — Indiana
- Department of Health and Human Services$414.23B
- Social Security Administration$88.48B
- Department of Defense$22.52B
- Department of Agriculture$10.62B
- Department of Veterans Affairs$8.70B
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 — Indiana
- ENGINEERING SERVICES$4.21B
- AIRCRAFT ENGINE AND ENGINE PARTS MANUFACTURING$4.19B
- MILITARY ARMORED VEHICLE, TANK, AND TANK COMPONENT MANUFACTURING$2.55B
- SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING$2.20B
- TRUCK TRAILER MANUFACTURING$1.90B
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
Source: USAspending.gov · More Comparisons · Indiana · Minnesota