5241/Insurance Carriers
US businesses, employees and payroll, 2017 to 2023
1.65M
employees, 2023
1.65M
employees, 2023
In 2023, 28,557 US Insurance Carriers business locations employed 1.65 million people and paid $177.2 billion in annual payroll, $107,137 per employee on average. Employment was up 7.1% from 2022. Texas had the most employees.
Updated Oct 9, 2026 · data year 2023
Business locations
28,557
-6.6% vs 2022
Employees
1,653,582
+7.1% vs 2022
Annual payroll
$177.2B
+5.9% vs 2022
Average pay
$107,137
-1.1% 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 Insurance Carriers 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 | 2,152 | 140,469 | $95,745 | 1.17% |
| Florida | 2,448 | 120,965 | $91,764 | 1.21% |
| California | 2,680 | 116,481 | $121,635 | 0.71% |
| Pennsylvania | 1,164 | 90,815 | $101,618 | 1.59% |
| New York | 1,267 | 87,185 | $134,369 | 0.99% |
| Illinois | 1,257 | 82,740 | $115,015 | 1.46% |
| Ohio | 891 | 80,880 | $98,410 | 1.59% |
| Connecticut | 413 | 60,351 | $132,200 | 3.93% |
| Wisconsin | 562 | 56,882 | $120,330 | 2.15% |
| Massachusetts | 491 | 55,589 | $128,536 | 1.59% |
| Georgia | 920 | 55,343 | $96,046 | 1.26% |
| Arizona | 849 | 50,176 | $85,790 | 1.74% |
| New Jersey | 729 | 48,719 | $158,225 | 1.23% |
| Tennessee | 517 | 46,924 | $94,514 | 1.58% |
| Minnesota | 550 | 45,743 | $120,828 | 1.63% |
The 15 states with the most employees. Download the CSV for all 51.
Top metro areas
Metro and micro areas with the most Insurance Carriers employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ | 1,235 | 77,449 | $176,785 |
| Dallas-Fort Worth-Arlington, TX | 656 | 49,532 | $97,028 |
| Boston-Cambridge-Newton, MA-NH | 374 | 46,165 | $124,392 |
| Hartford-West Hartford-East Hartford, CT | 196 | 46,132 | $128,094 |
| Chicago-Naperville-Elgin, IL-IN | 898 | 40,949 | $132,911 |
| Los Angeles-Long Beach-Anaheim, CA | 918 | 37,454 | $131,693 |
| Tampa-St. Petersburg-Clearwater, FL | 645 | 36,952 | $93,018 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 545 | 36,647 | $117,853 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 326 | 34,044 | $124,548 |
| Phoenix-Mesa-Chandler, AZ | 622 | 33,618 | $90,109 |
| Atlanta-Sandy Springs-Roswell, GA | 515 | 32,047 | $107,450 |
| San Antonio-New Braunfels, TX | 224 | 24,712* | $108,440 |
| Des Moines-West Des Moines, IA | 126 | 21,423 | $135,493 |
| Indianapolis-Carmel-Greenwood, IN | 226 | 20,820 | $96,633 |
| Pittsburgh, PA | 242 | 19,714 | $96,190 |
Business size
US Insurance Carriers business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 14,598 | 51.1% |
| 5 to 9 | 4,007 | 14.0% |
| 10 to 19 | 3,135 | 11.0% |
| 20 to 49 | 2,881 | 10.1% |
| 50 to 99 | 1,432 | 5.0% |
| 100 to 249 | 1,243 | 4.4% |
| 250 to 499 | 557 | 2.0% |
| 500 to 999 | 383 | 1.3% |
| 1,000 or more | 321 | 1.1% |
Related industries
Insurance Carriers and the 3 industries directly below it
Part of Finance and Insurance 52Insurance Carriers and Related Activities 524
| Code | Industry | Employees | Average pay |
|---|---|---|---|
| 52411 | Direct Life, Health, and Medical Insurance Carriers | 944,645 | $108,707 |
| 52412 | Direct Insurance (except Life, Health, and Medical) Carriers | 694,426 | $103,111 |
| 52413 | Reinsurance Carriers | 14,511 | $197,577 |
Questions and answers
How many people work in Insurance Carriers in the US?
1.65 million people worked at 28,557 US Insurance Carriers business locations in 2023, up 7.1% from 2022. That is 1.18% of all US private-sector employees.
What is the average pay in Insurance Carriers?
$107,137 a year per employee in 2023, from $177.2 billion in annual payroll (down 1.1% from 2022). The average across all US industries was $68,342.
Which state has the most Insurance Carriers jobs?
Texas had the most, with 140,469 employees in 2023, followed by Florida (120,965) and California (116,481).
Which metro areas have the most Insurance Carriers jobs?
New York-Newark-Jersey City, NY-NJ (77,449), Dallas-Fort Worth-Arlington, TX (49,532), Boston-Cambridge-Newton, MA-NH (46,165) had the most Insurance Carriers employees in 2023.
Are most Insurance Carriers businesses small?
76.1% of the 28,557 Insurance Carriers business locations had fewer than 20 employees in 2023, and 704 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.