Minnesota vs New Hampshire
Federal spending comparison
Minnesota’s USAspending.gov obligation stock is $2.74B; New Hampshire’s is $2.48B. Minnesota has more than four times the people—5,793,151 versus 1,409,032—and more than ten times the awards: 98,897 against 9,224. New Hampshire’s spending per capita is $284.15 versus Minnesota’s $66.07. FY2026 obligations are $382.8M in Minnesota and $400.4M in New Hampshire. Pharmacy benefit management and other third party administration of insurance and pension funds lead Minnesota; small arms, ordnance, and ordnance accessories manufacturing lead New Hampshire. The figures are obligations, not outlays.
Key figures
- Minnesota $2.74B vs New Hampshire $2.48B in stacked USAspending obligations.
- New Hampshire per capita $284.15 vs Minnesota $66.07 on 1,409,032 vs 5,793,151 residents.
- Awards: 98,897 vs 9,224; FY2026 $382.8M vs $400.4M.
- Top industries: pharmacy benefit management in Minnesota; small arms and ordnance in New Hampshire.
- Figures are USAspending.gov obligations, not Treasury outlays.
A large Census file against a high-intensity small state
Minnesota’s 5,793,151 residents produce $2.74B and $66.07 per capita. New Hampshire’s 1,409,032 residents produce $2.48B and $284.15 per capita. The stocks are close; the ratios are not. New Hampshire’s smaller Census count sits on a stock that is not small.
Award volume is Minnesota’s cut. 98,897 awards versus 9,224 means Minnesota’s file is dense in rows. New Hampshire’s 9,224 actions sit on $2.48B beside the $284.15 reading.
FY2026 is a slim New Hampshire recency lead: $400.4M versus $382.8M. Cite USAspending.gov for the stacked stocks and the latest-year amounts.
Minnesota’s 98,897 awards and 5,793,151 residents produce $2.74B and $66.07 per capita. New Hampshire’s 9,224 awards and 1,409,032 residents produce $2.48B and $284.15 per capita. FY2026 of $382.8M versus $400.4M is a slim New Hampshire recency lead. All dollar cuts are USAspending.gov obligations.
Pharmacy benefit management and other third party administration of insurance and pension funds versus small arms, ordnance, and ordnance accessories manufacturing is mix. Outlays are not listed. Cite USAspending.gov. Keep per-capita labeled as Census-based obligation ratios.
Pharmacy administration versus small arms and ordnance
Minnesota’s lead NAICS is pharmacy benefit management and other third party administration of insurance and pension funds. New Hampshire’s lead NAICS is small arms, ordnance, and ordnance accessories manufacturing. Those peaks sit on $2.74B and $2.48B.
The 98,897 Minnesota awards and 9,224 New Hampshire awards include many actions outside those labels. Use the Minnesota and New Hampshire state hubs for agencies and recipients. Both peaks are USAspending.gov obligation mixes.
Full analysis: Minnesota vs New Hampshire on USAspending: $2.74B vs $2.48B →
Questions
- Does Minnesota or New Hampshire have more federal spending?
- Minnesota leads stacked USAspending.gov obligations $2.74B to New Hampshire’s $2.48B. New Hampshire leads spending per capita, $284.15 versus $66.07, on 1,409,032 residents against Minnesota’s 5,793,151. Minnesota has more awards (98,897 vs 9,224). FY2026 obligations are $382.8M in Minnesota and $400.4M in New Hampshire.
- Does New Hampshire outspend Minnesota in FY2026?
- Yes on the latest-year slice. The packet reports FY2026 obligations of $400.4M in New Hampshire and $382.8M in Minnesota. The all-years stocks still favor Minnesota, $2.74B versus $2.48B. These figures are USAspending.gov obligations, not outlays.
- What industries lead in Minnesota and New Hampshire?
- Minnesota’s top industry is pharmacy benefit management and other third party administration of insurance and pension funds. New Hampshire’s is small arms, ordnance, and ordnance accessories manufacturing. Those labels are the largest NAICS slices on $2.74B and $2.48B. Award counts are 98,897 in Minnesota and 9,224 in New Hampshire.
- Are Minnesota vs New Hampshire figures Treasury outlays?
- No. The $2.74B and $2.48B totals, and FY2026 amounts of $382.8M and $400.4M, are USAspending.gov obligations. Outlays are cash payments and can lag. Spending per capita ($66.07 vs $284.15) uses Census population where present.
State comparison from SpendingVault aggregates of USAspending obligations. Per-capita uses Census population where present.
| Minnesota | Metric | New Hampshire |
|---|---|---|
| $116.24B | Total Spending | $7.19B |
| $20K | Per Capita | $5K |
| N/A | % of GDP | N/A |
| 5.8M | Population | 1.4M |
| 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 — 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 Agencies — New Hampshire
- Social Security Administration$22.11B
- Department of Defense$14.17B
- Department of Health and Human Services$10.73B
- Department of Education$2.77B
- Department of Veterans Affairs$2.59B
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
Top Industries — New Hampshire
- OTHER AIRCRAFT PARTS AND AUXILIARY EQUIPMENT MANUFACTURING$2.73B
- SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING$2.02B
- GUIDED MISSILE AND SPACE VEHICLE MANUFACTURING$1.73B
- OTHER ELECTRONIC COMPONENT MANUFACTURING$1.10B
- ENGINEERING SERVICES$1.07B
Source: USAspending.gov · More Comparisons · Minnesota · New Hampshire