52232/Financial Transactions Processing, Reserve, and Clearinghouse Activities
US businesses, employees and payroll, 2017 to 2023
178K
employees, 2023
178K
employees, 2023
In 2023, 4,711 US Financial Transactions Processing, Reserve, and Clearinghouse Activities business locations employed 177,887 people and paid $23.6 billion in annual payroll, $132,587 per employee on average. Employment was up 2.3% from 2022. California had the most employees.
Updated Oct 9, 2026 · data year 2023
Business locations
4,711
-6.4% vs 2022
Employees
177,887
+2.3% vs 2022
Annual payroll
$23.6B
-0.4% vs 2022
Average pay
$132,587
-2.6% 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 Financial Transactions Processing, Reserve, and Clearinghouse 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 |
|---|---|---|---|---|
| California | 657 | 36,448 | $191,366 | 0.22% |
| Texas | 372 | 20,210 | $114,199 | 0.17% |
| Georgia | 218 | 13,893 | $109,895 | 0.32% |
| Florida | 454 | 10,181 | $119,345 | 0.10% |
| New York | 475 | 8,941 | $207,683 | 0.10% |
| Arizona | 127 | 8,577 | $98,426 | 0.30% |
| Utah | 86 | 6,983 | $75,076 | 0.44% |
| Nebraska | 50 | 6,732 | $91,100 | 0.73% |
| Ohio | 98 | 6,387 | $62,475 | 0.13% |
| Illinois | 154 | 6,065 | $143,604 | 0.11% |
| Missouri | 56 | 5,451* | $161,609 | 0.21% |
| Pennsylvania | 128 | 5,273 | $119,466 | 0.09% |
| Tennessee | 85 | 4,046 | $90,582 | 0.14% |
| Nevada | 82 | 4,011 | $93,362 | 0.30% |
| Colorado | 125 | 3,636 | $169,467 | 0.14% |
The 15 states with the most employees. Download the CSV for all 51.
Top metro areas
Metro and micro areas with the most Financial Transactions Processing, Reserve, and Clearinghouse Activities employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| San Francisco-Oakland-Fremont, CA | 115 | 19,850 | $217,596 |
| Dallas-Fort Worth-Arlington, TX | 133 | 12,829 | $85,031 |
| New York-Newark-Jersey City, NY-NJ | 522 | 9,664 | $204,963 |
| Atlanta-Sandy Springs-Roswell, GA | 176 | 8,974 | $122,630 |
| San Jose-Sunnyvale-Santa Clara, CA | 46 | 8,712* | $207,655 |
| Phoenix-Mesa-Chandler, AZ | 103 | 8,342 | $97,680 |
| Chicago-Naperville-Elgin, IL-IN | 134 | 5,654 | $144,665 |
| Omaha, NE-IA | 35 | 5,387 | $90,644 |
| St. Louis, MO-IL | 31 | 5,211* | $164,604 |
| Salt Lake City-Murray, UT | 28 | 5,182* | $67,185 |
| Columbus, OH | 25 | 4,837* | $63,102 |
| Columbus, GA-AL | 16 | 4,468* | $82,426 |
| Austin-Round Rock-San Marcos, TX | 57 | 4,250 | $191,386 |
| Tampa-St. Petersburg-Clearwater, FL | 78 | 4,040 | $111,732 |
| Las Vegas-Henderson-North Las Vegas, NV | 57 | 3,919 | $92,615 |
Business size
US Financial Transactions Processing, Reserve, and Clearinghouse Activities business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 3,178 | 67.5% |
| 5 to 9 | 508 | 10.8% |
| 10 to 19 | 351 | 7.5% |
| 20 to 49 | 265 | 5.6% |
| 50 to 99 | 132 | 2.8% |
| 100 to 249 | 127 | 2.7% |
| 250 to 499 | 80 | 1.7% |
| 500 to 999 | 44 | 0.9% |
| 1,000 or more | 26 | 0.6% |
Related industries
Financial Transactions Processing, Reserve, and Clearinghouse Activities and the 1 industry directly below it
Part of Finance and Insurance 52Credit Intermediation and Related Activities 522Activities Related to Credit Intermediation 5223
| Code | Industry | Employees | Average pay |
|---|---|---|---|
| 522320 | Financial Transactions Processing, Reserve, and Clearinghouse Activities | 177,887 | $132,587 |
Questions and answers
How many people work in Financial Transactions Processing, Reserve, and Clearinghouse Activities in the US?
177,887 people worked at 4,711 US Financial Transactions Processing, Reserve, and Clearinghouse Activities business locations in 2023, up 2.3% from 2022. That is 0.13% of all US private-sector employees.
What is the average pay in Financial Transactions Processing, Reserve, and Clearinghouse Activities?
$132,587 a year per employee in 2023, from $23.6 billion in annual payroll (down 2.6% from 2022). The average across all US industries was $68,342.
Which state has the most Financial Transactions Processing, Reserve, and Clearinghouse Activities jobs?
California had the most, with 36,448 employees in 2023, followed by Texas (20,210) and Georgia (13,893).
Which metro areas have the most Financial Transactions Processing, Reserve, and Clearinghouse Activities jobs?
San Francisco-Oakland-Fremont, CA (19,850), Dallas-Fort Worth-Arlington, TX (12,829), New York-Newark-Jersey City, NY-NJ (9,664) had the most Financial Transactions Processing, Reserve, and Clearinghouse Activities employees in 2023.
Are most Financial Transactions Processing, Reserve, and Clearinghouse Activities businesses small?
85.7% of the 4,711 Financial Transactions Processing, Reserve, and Clearinghouse Activities business locations had fewer than 20 employees in 2023, and 70 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. * Less accurate: changed by 5% or more to protect privacy. Changes from the year before are shown only when both years use the same edition of the industry codes.