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Finance and insurance

NAICS sector 52: employer establishments, employees and payroll in 2023, by state.

Establishments
469,382
Employees
6,991,623
5.0% of private employment
Average annual pay
$125,425
Nonemployer businesses
839,550
$90.13B receipts

New business applications

20,548 in September 2026, seasonally adjusted

Show as a table
PeriodApplications
September 202620,548
December 202518,786
December 202420,692
December 202318,059
December 202217,446
December 202120,798
December 202016,564

By state

Swipe the table sideways to see more columns.

#StateEstablishmentsEmployeesAverage payPayroll
1Texas42,205643,854$107,891$69.47B
2California49,165634,885$151,424$96.14B
3New York24,380562,882$253,324$142.6B
4Florida36,230472,606$105,574$49.9B
5Illinois19,310365,093$133,100$48.59B
6Pennsylvania16,829299,515$110,447$33.08B
7Ohio15,004260,262$97,190$25.29B
8North Carolina13,591221,722$115,203$25.54B
9New Jersey11,075216,373$144,443$31.25B
10Georgia15,226202,824$107,094$21.72B
11Massachusetts9,268199,733$171,977$34.35B
12Arizona10,000192,283$89,325$17.18B
13Virginia10,642178,431$123,506$22.04B
14Michigan12,501172,517$94,701$16.34B
15Minnesota9,687169,792$120,512$20.46B
16Missouri10,384155,581$100,161$15.58B
17Wisconsin8,673139,100$105,175$14.63B
18Tennessee9,913137,754$96,419$13.28B
19Colorado10,673125,158$108,507$13.58B
20Connecticut5,629119,436$177,844$21.24B
21Indiana9,390111,147$87,471$9.72B
22Washington9,829110,060$121,998$13.43B
23Iowa5,833101,557$94,393$9.59B
24Maryland7,05498,329$122,940$12.09B
25Utah5,71785,525$95,584$8.17B
26South Carolina7,64582,019$82,117$6.74B
27Alabama7,19576,096$89,471$6.81B
28Kentucky6,26974,622$84,187$6.28B
29Nebraska4,24970,923$88,599$6.28B
30Kansas5,88865,980$87,259$5.76B
31Louisiana7,32864,830$79,316$5.14B
32Oregon5,78363,120$95,578$6.03B
33Oklahoma6,65259,886$80,554$4.82B
34Nevada4,60047,413$87,043$4.13B
35Delaware1,99945,586$121,212$5.53B
36Arkansas4,52743,250$81,180$3.51B
37Mississippi4,51934,515$75,412$2.6B
38Rhode Island1,51631,262$113,787$3.56B
39Maine1,89731,048$89,404$2.78B
40New Hampshire1,96629,852$111,719$3.34B
41Idaho3,16225,836$78,289$2.02B
42South Dakota2,04424,370$79,125$1.93B
43New Mexico2,44124,067$74,084$1.78B
44District of Columbia1,07922,979$199,781$4.59B
45Hawaii1,53320,093$87,906$1.77B
46West Virginia1,99918,531$69,666$1.29B
47North Dakota1,83318,125$81,736$1.48B
48Montana2,05716,826$81,952$1.38B
49Vermont9419,218$97,941$902.8M
50Wyoming1,2707,422$81,007$601.2M
51Alaska7827,335$85,132$624.4M

Source: U.S. Census Bureau, County Business Patterns and Business Formation Statistics · Last updated 12/31/2023