WhereTaxMoneyGoesFederal spending in New Jersey, FY 2026
Federal awards performed in New Jersey totaled $101.7 billion in fiscal year 2026 — about $11,294 per resident, ranking 23rd among states and territories. Of award spending (excluding loans), contracts 9.7%, grants 29.5%, direct payments 60.7%, other assistance 0.1%.
FY 2026 totals are still filling in (Defense contracts publish with a 90-day delay), so they will rise as data arrives.
Federal awards in New Jersey by fiscal year
FY 2026 spending was up 5% from FY 2025 ($96.9 billion). Over the period shown, the peak was FY 2026 at $101.7 billion.
Show the numbers
| Fiscal year | Amount |
|---|---|
| FY 2026 | $101.7 billion |
| FY 2025 | $96.9 billion |
| FY 2024 | $88.7 billion |
| FY 2023 | $86.9 billion |
| FY 2022 | $89.1 billion |
| FY 2021 | $98.9 billion |
| FY 2020 | $77.6 billion |
| FY 2019 | $67.7 billion |
| FY 2018 | $66.1 billion |
| FY 2017 | $64.5 billion |
Top recipients in New Jersey
FY 2026, place of performance in New Jersey. State agencies often top this list because Medicaid and other formula grants pass through them.
| # | Recipient | Amount | Relative size |
|---|---|---|---|
| 1 | Multiple recipients (aggregated) | $56.6 billion | |
| 2 | Human Services, New Jersey Department of | $22.4 billion | |
| 3 | Lockheed Martin Corporation | $3.1 billion | |
| 4 | Transportation, New Jersey Dept of | $1.8 billion | |
| 5 | Education, New Jersey Department of | $1.1 billion | |
| 6 | New Jersey Department of Agriculture | $738.8 million | |
| 7 | Banking and Insurance, New Jersey Department of | $669.1 million | |
| 8 | Asrc Federal Facilities Logistics, LLC | $600.3 million | |
| 9 | Community Affairs, New Jersey Dept of | $552.0 million | |
| 10 | New Jersey Transit Corporation | $541.0 million |
Which agencies spend in New Jersey
FY 2026 award obligations by awarding agency.
| # | Agency | Amount | Relative size |
|---|---|---|---|
| 1 | Social Security Administration | $47.4 billion | |
| 2 | Department of Health and Human Services | $28.8 billion | |
| 3 | Department of Defense | $6.9 billion | |
| 4 | Department of Veterans Affairs | $3.9 billion | |
| 5 | Department of Transportation | $3.4 billion | |
| 6 | Department of Agriculture | $3.3 billion | |
| 7 | Department of Housing and Urban Development | $2.3 billion | |
| 8 | Department of Education | $2.2 billion | |
| 9 | Department of Homeland Security | $1.1 billion | |
| 10 | Environmental Protection Agency | $471.3 million |
Largest federal assistance programs in New Jersey
Assistance Listings (formerly CFDA programs) with the most FY 2026 obligations performed in New Jersey.
| # | Program | Amount | Relative size |
|---|---|---|---|
| 1 | Social Security Retirement Insurance (96.002) | $39.2 billion | |
| 2 | Grants to States for Medicaid (93.778) | $18.3 billion | |
| 3 | Social Security Disability Insurance (96.001) | $3.9 billion | |
| 4 | Social Security Survivors Insurance (96.004) | $2.9 billion | |
| 5 | Veterans Compensation for Service-Connected Disability (64.109) | $2.4 billion | |
| 6 | Medicare Prescription Drug Coverage (93.770) | $2.4 billion | |
| 7 | Medicare Supplementary Medical Insurance (93.774) | $2.2 billion | |
| 8 | Supplemental Nutrition Assistance Program (10.551) | $1.8 billion |
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Contracts in New Jersey Grants in New Jersey
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Source data last updated November 4, 2026 · Imported November 6, 2026 · Dollar figures are nominal and rounded. How these numbers are calculated · Report a problem