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Banking share of finance jobs: U.S. states ranked (2023)

Measure: Banking share of finance and insurance jobs (%, 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 CSV Source: 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: 42.2 (United States).

Small states, hard to see on the map:

DC 52.9 %
RI 36.3 %
DE 72.5 %
CT 19.8 %
NJ 36.2 %
MD 39.7 %
MA 31.7 %
VT 44 %
NH 28.6 %

Lowest: 19.8 to 37.7 %
Group 2: 37.7 to 44 %
Group 3: 44 to 48.8 %
Group 4: 48.8 to 54.6 %
Highest: 54.6 to 72.5 %

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.


1	Delaware	72.5
2	South Dakota	64.7
3	Alaska	61.3
4	Mississippi	61.1
5	North Dakota	60.1
6	Utah	57.3
7	Oklahoma	57.2
8	Wyoming	56
9	Maine	55.4
10	Montana	55.1
11	Alabama	54.6
12	West Virginia	54.2
13	North Carolina	53.9
14	Virginia	53.7
15	Arkansas	53.3
16	District of Columbia	52.9
16	Idaho	52.9
18	Hawaii	50.8
19	Michigan	49.1
20	Louisiana	48.9
21	Nevada	48.8
22	Arizona	48.3
23	Nebraska	48.2
24	Iowa	47.7
25	South Carolina	46.7
26	Texas	45.8
27	New Mexico	45
28	California	44.4
28	Washington	44.4
30	Ohio	44
30	Vermont	44
32	Oregon	43.9
33	Kentucky	43.8
34	Missouri	43.7
35	Kansas	43.1
36	Georgia	41.8
37	Tennessee	41.4
38	Indiana	40.2
39	Maryland	39.7
40	Colorado	39.6
41	Florida	37.7
41	Minnesota	37.7
43	Rhode Island	36.3
44	New Jersey	36.2
45	New York	35.8
46	Wisconsin	33.9
47	Illinois	32.7
48	Massachusetts	31.7
49	Pennsylvania	31.3
50	New Hampshire	28.6
51	Connecticut	19.8

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 banking share of finance and insurance jobs (%, 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-banking-share-of-finance-and-insurance-jobs/

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