5242/Agencies, Brokerages, and Other Insurance Related Activities
US businesses, employees and payroll, 2017 to 2023
1.31M
employees, 2023
1.31M
employees, 2023
In 2023, 147,902 US Agencies, Brokerages, and Other Insurance Related Activities business locations employed 1.31 million people and paid $115.2 billion in annual payroll, $87,892 per employee on average. Employment was down 0.9% from 2022. Texas had the most employees.
Updated Oct 9, 2026 · data year 2023
Business locations
147,902
-1.6% vs 2022
Employees
1,310,504
-0.9% vs 2022
Annual payroll
$115.2B
+7.0% vs 2022
Average pay
$87,892
+8.0% vs 2022
Over the years
United States, 2017 to 2023
Employees
Paid employees in mid-March
Business locations
Places with paid employees
By state
Employees of Agencies, Brokerages, and Other Insurance Related Activities in each state, 2023
Employees by state
States with the most employees
Employees and the share of all the state's jobs
| State | Business locations | Employees | Average pay | Share of state jobs |
|---|---|---|---|---|
| Texas | 13,466 | 130,160 | $82,719 | 1.08% |
| California | 15,062 | 120,022 | $99,946 | 0.73% |
| Florida | 13,030 | 112,567 | $81,208 | 1.13% |
| Illinois | 6,252 | 99,557 | $66,764 | 1.76% |
| New York | 7,167 | 76,940 | $111,535 | 0.88% |
| Pennsylvania | 5,314 | 52,317 | $94,559 | 0.92% |
| New Jersey | 2,963 | 43,506 | $106,297 | 1.10% |
| Ohio | 4,732 | 42,714 | $80,207 | 0.84% |
| Georgia | 5,155 | 41,187 | $92,506 | 0.93% |
| Minnesota | 3,408 | 37,858 | $113,808 | 1.35% |
| North Carolina | 4,220 | 34,982 | $92,478 | 0.82% |
| Michigan | 4,049 | 33,910 | $80,712 | 0.84% |
| Arizona | 3,221 | 32,257 | $74,948 | 1.12% |
| Colorado | 3,412 | 30,496 | $77,958 | 1.19% |
| Missouri | 3,613 | 28,186 | $86,047 | 1.07% |
The 15 states with the most employees. Download the CSV for all 51.
Top metro areas
Metro and micro areas with the most Agencies, Brokerages, and Other Insurance Related Activities employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | 4,419 | 85,809 | $63,531 |
| New York-Newark-Jersey City, NY-NJ | 6,869 | 70,626 | $128,378 |
| Los Angeles-Long Beach-Anaheim, CA | 6,263 | 44,838 | $94,759 |
| Dallas-Fort Worth-Arlington, TX | 3,916 | 43,656 | $89,089 |
| Miami-Fort Lauderdale-West Palm Beach, FL | 4,946 | 34,816 | $77,542 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 2,705 | 30,059 | $107,804 |
| Atlanta-Sandy Springs-Roswell, GA | 3,309 | 29,161 | $99,130 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 2,098 | 25,019 | $118,425 |
| Phoenix-Mesa-Chandler, AZ | 2,360 | 22,304 | $72,968 |
| Tampa-St. Petersburg-Clearwater, FL | 2,030 | 21,760 | $87,345 |
| Denver-Aurora-Centennial, CO | 1,917 | 21,707 | $75,617 |
| Houston-Pasadena-The Woodlands, TX | 3,067 | 20,017 | $91,959 |
| Boston-Cambridge-Newton, MA-NH | 1,704 | 18,586 | $112,635 |
| San Francisco-Oakland-Fremont, CA | 1,612 | 18,498 | $130,191 |
| Kansas City, MO-KS | 1,378 | 18,368 | $91,600 |
Business size
US Agencies, Brokerages, and Other Insurance Related Activities business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 105,323 | 71.2% |
| 5 to 9 | 25,510 | 17.2% |
| 10 to 19 | 9,319 | 6.3% |
| 20 to 49 | 4,666 | 3.2% |
| 50 to 99 | 1,532 | 1.0% |
| 100 to 249 | 975 | 0.7% |
| 250 to 499 | 372 | 0.3% |
| 500 to 999 | 123 | 0.1% |
| 1,000 or more | 82 | 0.1% |
Related industries
Agencies, Brokerages, and Other Insurance Related Activities and the 2 industries directly below it
Part of Finance and Insurance 52Insurance Carriers and Related Activities 524
| Code | Industry | Employees | Average pay |
|---|---|---|---|
| 52421 | Insurance Agencies and Brokerages | 818,561 | $90,831 |
| 52429 | Other Insurance Related Activities | 491,943 | $83,003 |
Questions and answers
How many people work in Agencies, Brokerages, and Other Insurance Related Activities in the US?
1.31 million people worked at 147,902 US Agencies, Brokerages, and Other Insurance Related Activities business locations in 2023, down 0.9% from 2022. That is 0.94% of all US private-sector employees.
What is the average pay in Agencies, Brokerages, and Other Insurance Related Activities?
$87,892 a year per employee in 2023, from $115.2 billion in annual payroll (up 8.0% from 2022). The average across all US industries was $68,342.
Which state has the most Agencies, Brokerages, and Other Insurance Related Activities jobs?
Texas had the most, with 130,160 employees in 2023, followed by California (120,022) and Florida (112,567).
Which metro areas have the most Agencies, Brokerages, and Other Insurance Related Activities jobs?
Chicago-Naperville-Elgin, IL-IN (85,809), New York-Newark-Jersey City, NY-NJ (70,626), Los Angeles-Long Beach-Anaheim, CA (44,838) had the most Agencies, Brokerages, and Other Insurance Related Activities employees in 2023.
Are most Agencies, Brokerages, and Other Insurance Related Activities businesses small?
94.8% of the 147,902 Agencies, Brokerages, and Other Insurance Related Activities business locations had fewer than 20 employees in 2023, and 205 had 500 or more.
Official US government statistics, published once a year. Business locations are places with paid employees; employees are counted in mid-March; payroll covers the whole year. Covers most private employers, not the self-employed, most government workers or farm workers on farms. Changes from the year before are shown only when both years use the same edition of the industry codes.