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Average pay in finance and insurance: U.S. states ranked (2023)

Measure: Average pay in finance and insurance ($, derived). All 50 states and District of Columbia with data in Finance and insurance jobs and pay by state, ranked from highest to lowest. Reference period: 2023.

Licence
Public domain (U.S. federal government work).
Data last updated
2026-11-10
Download full table CSVSource: U.S. Census Bureau (County Business Patterns 2023 (API dataset 2023/cbp), NAICS 2017 codes 52, 522, 523, 524 and 00 (all sectors)) (opens in a new tab)Source: U.S. Census Bureau (Population Estimates Program, July 1, 2023 resident population (denominator)) (opens in a new tab)

National value: 125,425 (United States).

Washington: 121,998Idaho: 78,289Montana: 81,952North Dakota: 81,736Minnesota: 120,512Michigan: 94,701Ohio: 97,190Pennsylvania: 110,447New York: 253,324Vermont: 97,941New Hampshire: 111,719Maine: 89,404Arizona: 89,325California: 151,424New Mexico: 74,084Texas: 107,891Louisiana: 79,316Mississippi: 75,412Alabama: 89,471Florida: 105,574Georgia: 107,094South Carolina: 82,117North Carolina: 115,203Virginia: 123,506District of Columbia: 199,781Maryland: 122,940Delaware: 121,212New Jersey: 144,443Connecticut: 177,844Rhode Island: 113,787Massachusetts: 171,977Oregon: 95,578Utah: 95,584Wyoming: 81,007Nevada: 87,043Colorado: 108,507South Dakota: 79,125Nebraska: 88,599Kansas: 87,259Oklahoma: 80,554Iowa: 94,393Missouri: 100,161Wisconsin: 105,175Illinois: 133,100Kentucky: 84,187Arkansas: 81,180Tennessee: 96,419West Virginia: 69,666Indiana: 87,471Alaska: 85,132Hawaii: 87,906

Small states, hard to see on the map:

  • DC 199,781 $
  • RI 113,787 $
  • DE 121,212 $
  • CT 177,844 $
  • NJ 144,443 $
  • MD 122,940 $
  • MA 171,977 $
  • VT 97,941 $
  • NH 111,719 $
  • Lowest: 69,666 to 81,952 $
  • Group 2: 81,952 to 89,404 $
  • Group 3: 89,404 to 105,175 $
  • Group 4: 105,175 to 121,212 $
  • Highest: 121,212 to 253,324 $
The map is a visual summary; every value is in the table below, which is the keyboard and screen-reader path. Groups are quintiles of the values shown (a derived grouping). Boundaries: Natural Earth (public domain), simplified. Alaska and Hawaii are shown as insets, not to scale.

Rank is derived by Quadranac: 1 = highest value; ties share a rank. The ranked value is itself derived; see the source table for the method. Values are as published in the source table.

Note: County Business Patterns counts employer establishments only; states' values for small subsectors may be withheld (blank) to avoid disclosing individual businesses.

1New York253,324
2District of Columbia199,781
3Connecticut177,844
4Massachusetts171,977
5California151,424
6New Jersey144,443
7Illinois133,100
8Virginia123,506
9Maryland122,940
10Washington121,998
11Delaware121,212
12Minnesota120,512
13North Carolina115,203
14Rhode Island113,787
15New Hampshire111,719
16Pennsylvania110,447
17Colorado108,507
18Texas107,891
19Georgia107,094
20Florida105,574
21Wisconsin105,175
22Missouri100,161
23Vermont97,941
24Ohio97,190
25Tennessee96,419
26Utah95,584
27Oregon95,578
28Michigan94,701
29Iowa94,393
30Alabama89,471
31Maine89,404
32Arizona89,325
33Nebraska88,599
34Hawaii87,906
35Indiana87,471
36Kansas87,259
37Nevada87,043
38Alaska85,132
39Kentucky84,187
40South Carolina82,117
41Montana81,952
42North Dakota81,736
43Arkansas81,180
44Wyoming81,007
45Oklahoma80,554
46Louisiana79,316
47South Dakota79,125
48Idaho78,289
49Mississippi75,412
50New Mexico74,084
51West Virginia69,666

Source: U.S. Census Bureau, County Business Patterns 2023 (API dataset 2023/cbp), NAICS 2017 codes 52, 522, 523, 524 and 00 (all sectors)
Source: U.S. Census Bureau, Population Estimates Program, July 1, 2023 resident population (denominator). Reference period: 2023.

Cite this ranking

U.S. states ranked by average pay in finance and insurance ($, derived) (2023). Data: U.S. Census Bureau, County Business Patterns, County Business Patterns 2023 (API dataset 2023/cbp), NAICS 2017 sector 52 (finance and insurance) and subsectors 522, 523, 524; rank derived by Quadranac. Data last updated 2026-11-10. https://quadranac.com/rankings/us-states-by-average-pay-in-finance-and-insurance/

Download source table CSV All rankings