522294/Secondary Market Financing
US businesses, employees and payroll, 2017 to 2023
18K
employees, 2023
18K
employees, 2023
In 2023, 149 US Secondary Market Financing business locations employed 17,832 people and paid $3.1 billion in annual payroll, $174,885 per employee on average. Employment was up 3.6% from 2022. Virginia had the most employees.
Updated Oct 9, 2026 · data year 2023
Business locations
149
-2.6% vs 2022
Employees
17,832
+3.6% vs 2022
Annual payroll
$3.1B
+10.2% vs 2022
Average pay
$174,885
+6.4% 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 Secondary Market Financing 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 |
|---|---|---|---|---|
| Virginia | 10 | 7,456* | $178,633 | 0.21% |
| District of Columbia | 4 | 6,348* | $196,081 | 1.14% |
| Texas | 21 | 2,226 | $135,813 | 0.02% |
| Illinois | 3 | 264 | $146,652 | 0.00% |
| Massachusetts | 5 | 249 | $107,189 | 0.01% |
| Minnesota | 3 | 244* | $66,725 | 0.01% |
| California | 26 | 226 | $142,314 | 0.00% |
| New York | 9 | 179* | $224,179 | 0.00% |
| North Dakota | 5 | 76* | $111,671 | 0.02% |
| Florida | 20 | 58 | $130,190 | 0.00% |
| Colorado | 4 | 21* | $130,524 | 0.00% |
| Ohio | 3 | 14* | $111,929 | 0.00% |
| Arizona | 3 | 7 | $146,000 | 0.00% |
| Utah | 4 | 2 | $396,500 | 0.00% |
Top metro areas
Metro and micro areas with the most Secondary Market Financing employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 15 | 13,813 | $186,660 |
| Dallas-Fort Worth-Arlington, TX | 7 | 1,880 | $148,227 |
| Austin-Round Rock-San Marcos, TX | 4 | 319 | $68,480 |
| Chicago-Naperville-Elgin, IL-IN | 3 | 264 | $146,652 |
| Boston-Cambridge-Newton, MA-NH | 4 | 248 | $107,496 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 3 | 244* | $66,725 |
| New York-Newark-Jersey City, NY-NJ | 11 | 238* | $222,861 |
| Los Angeles-Long Beach-Anaheim, CA | 17 | 187 | $144,957 |
| San Francisco-Oakland-Fremont, CA | 4 | 24* | $145,167 |
| Denver-Aurora-Centennial, CO | 3 | 21* | $130,381 |
| Houston-Pasadena-The Woodlands, TX | 7 | 21 | $67,762 |
| Miami-Fort Lauderdale-West Palm Beach, FL | 7 | 19 | $228,526 |
| Tampa-St. Petersburg-Clearwater, FL | 5 | 16* | $134,688 |
| Orlando-Kissimmee-Sanford, FL | 3 | 15* | $55,600 |
| Phoenix-Mesa-Chandler, AZ | 3 | 7 | $146,000 |
Business size
US Secondary Market Financing business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 87 | 58.8% |
| 5 to 9 | 19 | 12.8% |
| 10 to 19 | 11 | 7.4% |
| 20 to 49 | 10 | 6.8% |
| 50 to 99 | 8 | 5.4% |
| 100 to 249 | 5 | 3.4% |
| 250 to 499 | Not published | - |
| 500 to 999 | 3 | 2.0% |
| 1,000 or more | 5 | 3.4% |
Related industries
The industries this code belongs to
Part of Finance and Insurance 52Credit Intermediation and Related Activities 522Nondepository Credit Intermediation 5222Other Nondepository Credit Intermediation 52229
Questions and answers
How many people work in Secondary Market Financing in the US?
17,832 people worked at 149 US Secondary Market Financing business locations in 2023, up 3.6% from 2022. That is 0.01% of all US private-sector employees.
What is the average pay in Secondary Market Financing?
$174,885 a year per employee in 2023, from $3.1 billion in annual payroll (up 6.4% from 2022). The average across all US industries was $68,342.
Which state has the most Secondary Market Financing jobs?
Virginia had the most, with 7,456 employees in 2023, followed by District of Columbia (6,348) and Texas (2,226).
Which metro areas have the most Secondary Market Financing jobs?
Washington-Arlington-Alexandria, DC-VA-MD-WV (13,813), Dallas-Fort Worth-Arlington, TX (1,880), Austin-Round Rock-San Marcos, TX (319) had the most Secondary Market Financing employees in 2023.
Are most Secondary Market Financing businesses small?
79.1% of the 148 Secondary Market Financing business locations had fewer than 20 employees in 2023, and 8 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.