Data / Rankings / Employer establishments: finance and insurance / US states

US states by employer establishments: finance and insurance

California had the highest employer establishments: finance and insurance of 51 states in 2020, at 51,548. Alaska had the lowest, at 787. The median was 6,793 and the figure for the United States was 476,816. Source: the U.S. Census Bureau.

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Highest51,548California
Lowest787Alaska
Median6,79351 states
United States476,816History

Map of states, 2020

Alabama: 7,360 countAlaska: 787 countArizona: 9,816 countArkansas: 4,555 countCalifornia: 51,548 countColorado: 10,750 countConnecticut: 5,737 countDelaware: 1,999 countDistrict of Columbia: 1,071 countFlorida: 34,127 countGeorgia: 15,183 countHawaii: 1,542 countIdaho: 3,064 countIllinois: 20,703 countIndiana: 9,475 countIowa: 6,208 countKansas: 5,926 countKentucky: 6,424 countLouisiana: 7,453 countMaine: 1,881 countMaryland: 7,408 countMassachusetts: 9,597 countMichigan: 12,719 countMinnesota: 9,513 countMississippi: 4,613 countMissouri: 10,599 countMontana: 1,999 countNebraska: 4,442 countNevada: 4,434 countNew Hampshire: 2,076 countNew Jersey: 11,418 countNew Mexico: 2,636 countNew York: 25,981 countNorth Carolina: 13,597 countNorth Dakota: 1,756 countOhio: 15,614 countOklahoma: 6,793 countOregon: 6,053 countPennsylvania: 17,506 countRhode Island: 1,504 countSouth Carolina: 7,688 countSouth Dakota: 1,983 countTennessee: 10,126 countTexas: 41,568 countUtah: 5,452 countVermont: 914 countVirginia: 11,311 countWashington: 9,961 countWest Virginia: 2,052 countWisconsin: 8,775 countWyoming: 1,119 count
  • Under 2,000
  • 2,000 to 4,500
  • 4,500 to 6,800
  • 6,800 to 9,700
  • 9,700 to 13K
  • 13K and over
count, 2020. Source: U.S. Census Bureau, County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms. Boundaries: U.S. Census Bureau cartographic boundary files.

All states, 2020

California: 51,548 countCalifornia51,548Texas: 41,568 countTexas41,568Florida: 34,127 countFlorida34,127New York: 25,981 countNew York25,981Illinois: 20,703 countIllinois20,703Pennsylvania: 17,506 countPennsylvania17,506Ohio: 15,614 countOhio15,614Georgia: 15,183 countGeorgia15,183North Carolina: 13,597 countNorth Carolina13,597Michigan: 12,719 countMichigan12,719New Jersey: 11,418 countNew Jersey11,418Virginia: 11,311 countVirginia11,311Colorado: 10,750 countColorado10,750Missouri: 10,599 countMissouri10,599Tennessee: 10,126 countTennessee10,126Washington: 9,961 countWashington9,961Arizona: 9,816 countArizona9,816Massachusetts: 9,597 countMassachusetts9,597Minnesota: 9,513 countMinnesota9,513Indiana: 9,475 countIndiana9,475Wisconsin: 8,775 countWisconsin8,775South Carolina: 7,688 countSouth Carolina7,688Louisiana: 7,453 countLouisiana7,453Maryland: 7,408 countMaryland7,408Alabama: 7,360 countAlabama7,360Oklahoma: 6,793 countOklahoma6,793Kentucky: 6,424 countKentucky6,424Iowa: 6,208 countIowa6,208Oregon: 6,053 countOregon6,053Kansas: 5,926 countKansas5,926Connecticut: 5,737 countConnecticut5,737Utah: 5,452 countUtah5,452Mississippi: 4,613 countMississippi4,613Arkansas: 4,555 countArkansas4,555Nebraska: 4,442 countNebraska4,442Nevada: 4,434 countNevada4,434Idaho: 3,064 countIdaho3,064New Mexico: 2,636 countNew Mexico2,636New Hampshire: 2,076 countNew Hampshire2,076West Virginia: 2,052 countWest Virginia2,052Delaware: 1,999 countDelaware1,999Montana: 1,999 countMontana1,999South Dakota: 1,983 countSouth Dakota1,983Maine: 1,881 countMaine1,881North Dakota: 1,756 countNorth Dakota1,756Hawaii: 1,542 countHawaii1,542Rhode Island: 1,504 countRhode Island1,504Wyoming: 1,119 countWyoming1,119District of Columbia: 1,071 countDistrict of Columbia1,071Vermont: 914 countVermont914Alaska: 787 countAlaska787California: 51,548 countCalifornia51,548Texas: 41,568 countTexas41,568Florida: 34,127 countFlorida34,127New York: 25,981 countNew York25,981Illinois: 20,703 countIllinois20,703Pennsylvania: 17,506 countPennsylvania17,506Ohio: 15,614 countOhio15,614Georgia: 15,183 countGeorgia15,183North Carolina: 13,597 countNorth Carolina13,597Michigan: 12,719 countMichigan12,719New Jersey: 11,418 countNew Jersey11,418Virginia: 11,311 countVirginia11,311Colorado: 10,750 countColorado10,750Missouri: 10,599 countMissouri10,599Tennessee: 10,126 countTennessee10,126Washington: 9,961 countWashington9,961Arizona: 9,816 countArizona9,816Massachusetts: 9,597 countMassachusetts9,597Minnesota: 9,513 countMinnesota9,513Indiana: 9,475 countIndiana9,475Wisconsin: 8,775 countWisconsin8,775South Carolina: 7,688 countSouth Carolina7,688Louisiana: 7,453 countLouisiana7,453Maryland: 7,408 countMaryland7,408Alabama: 7,360 countAlabama7,360Oklahoma: 6,793 countOklahoma6,793Kentucky: 6,424 countKentucky6,424Iowa: 6,208 countIowa6,208Oregon: 6,053 countOregon6,053Kansas: 5,926 countKansas5,926Connecticut: 5,737 countConnecticut5,737Utah: 5,452 countUtah5,452Mississippi: 4,613 countMississippi4,613Arkansas: 4,555 countArkansas4,555Nebraska: 4,442 countNebraska4,442Nevada: 4,434 countNevada4,434Idaho: 3,064 countIdaho3,064New Mexico: 2,636 countNew Mexico2,636New Hampshire: 2,076 countNew Hampshire2,076West Virginia: 2,052 countWest Virginia2,052Delaware: 1,999 countDelaware1,999Montana: 1,999 countMontana1,999South Dakota: 1,983 countSouth Dakota1,983Maine: 1,881 countMaine1,881North Dakota: 1,756 countNorth Dakota1,756Hawaii: 1,542 countHawaii1,542Rhode Island: 1,504 countRhode Island1,504Wyoming: 1,119 countWyoming1,119District of Columbia: 1,071 countDistrict of Columbia1,071Vermont: 914 countVermont914Alaska: 787 countAlaska787
count. Source: U.S. Census Bureau, County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms. Retrieved 2026-10-12.

Full ranking

RankStates2020
count		Change on 2019
1California51,548+0.9%
2Texas41,568+0.7%
3Florida34,127+2.2%
4New York25,981-1.9%
5Illinois20,703-1%
6Pennsylvania17,506-0.7%
7Ohio15,614-3.9%
8Georgia15,183+1.3%
9North Carolina13,597+0.7%
10Michigan12,719-0.5%
11New Jersey11,418-1.7%
12Virginia11,311-0.3%
13Colorado10,750+1.5%
14Missouri10,599-0.5%
15Tennessee10,126-0.8%
16Washington9,961-0.8%
17Arizona9,816+1.4%
18Massachusetts9,597-0.3%
19Minnesota9,513-0.3%
20Indiana9,475-0.4%
21Wisconsin8,775-0.8%
22South Carolina7,688+0.5%
23Louisiana7,453-0.1%
24Maryland7,408-0.5%
25Alabama7,360-0.3%
26Oklahoma6,793+0.4%
27Kentucky6,424-1.5%
28Iowa6,208-1.1%
29Oregon6,053-0.2%
30Kansas5,926-0.5%
31Connecticut5,737-0.9%
32Utah5,452+2%
33Mississippi4,613-0.2%
34Arkansas4,555+2.2%
35Nebraska4,442+0.4%
36Nevada4,434+2.8%
37Idaho3,064+0.8%
38New Mexico2,636+0.1%
39New Hampshire2,076+0.2%
40West Virginia2,052-0.1%
41Delaware1,999+1.8%
41Montana1,999-1%
43South Dakota1,983+0.5%
44Maine1,881-0.4%
45North Dakota1,756+0.5%
46Hawaii1,542+1.1%
47Rhode Island1,504-0.5%
48Wyoming1,119+3.1%
49District of Columbia1,071+0.3%
50Vermont914+0.9%
51Alaska787-0.1%

Other periods

About this ranking

Number of establishments with paid employees in finance and insurance (NAICS 52), from the U.S. Census Bureau County Business Patterns. Excludes pension, health and welfare funds and trusts, estates and agency accounts (NAICS 525110, 525120, 525190 and 525920).

County Business Patterns: establishments (single physical locations, not firms) with paid employees during the pay period including 12 March. Excludes the self-employed and businesses without employees (nonemployer_establishments_*), government employers, crop and animal production, rail transportation, the Postal Service and private households. Establishment counts are not perturbed; the noise Census adds since 2017 applies to employment and payroll, which are not served here. Published about 18 months after the reference year.

Every value in the ranking comes from the same publisher and the same period, so the states are compared on one definition. Equal values share a rank.

How to cite

U.S. Census Bureau. County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms. https://www2.census.gov/programs-surveys/cbp/datasets/2020/. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Census Bureau. (2022). County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms (US states by employer establishments: finance and insurance, 2020) [Data set]. Retrieved October 12, 2026, from https://www2.census.gov/programs-surveys/cbp/datasets/2020/

MLA 9

County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms, US states by employer establishments: finance and insurance, 2020. U.S. Census Bureau, 28 Apr. 2022, https://www2.census.gov/programs-surveys/cbp/datasets/2020/. Invokely, https://invokely.ai/rankings/employer-establishments-finance-insurance/us-states?period=2020. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Census Bureau. 2022. County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms. US states by employer establishments: finance and insurance, 2020. Dataset. Accessed October 12, 2026. https://www2.census.gov/programs-surveys/cbp/datasets/2020/. Also distributed by Invokely, https://invokely.ai/rankings/employer-establishments-finance-insurance/us-states?period=2020.

Harvard

U.S. Census Bureau (2022) County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms, US states by employer establishments: finance and insurance, 2020 [Dataset]. Available at: https://www2.census.gov/programs-surveys/cbp/datasets/2020/, via Invokely: https://invokely.ai/rankings/employer-establishments-finance-insurance/us-states?period=2020 (Accessed: 12 October 2026).

BibTeX
@misc{census_us_states_by_employer_2020,
  author = {{U.S. Census Bureau}},
  title = {{County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms: US states by employer establishments: finance and insurance, 2020}},
  year = {2022},
  howpublished = {Data set},
  url = {https://www2.census.gov/programs-surveys/cbp/datasets/2020/},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/employer-establishments-finance-insurance/us-states?period=2020. Publisher attribution: U.S. Census Bureau. County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms. https://www2.census.gov/programs-surveys/cbp/datasets/2020/. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Census Bureau
TI  - County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms: US states by employer establishments: finance and insurance, 2020
PY  - 2022
DA  - 2022/04/28
PB  - U.S. Census Bureau
DB  - Invokely
UR  - https://www2.census.gov/programs-surveys/cbp/datasets/2020/
L2  - https://invokely.ai/rankings/employer-establishments-finance-insurance/us-states?period=2020
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/employer-establishments-finance-insurance/us-states?period=2020.
N1  - Publisher attribution: U.S. Census Bureau. County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms. https://www2.census.gov/programs-surveys/cbp/datasets/2020/. Retrieved 2026-10-12.
ER  -
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Questions

Which state has the highest employer establishments: finance and insurance?

California, with 51,548 in 2020, according to the U.S. Census Bureau.

Which state has the lowest employer establishments: finance and insurance?

Alaska, with 787 in 2020.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: U.S. Census Bureau, County Business Patterns, state and US files: establishments (EST), finance and insurance (NAICS 52), all legal forms. Retrieved 2026-10-12.

US states: more rankings