Palavir · State of US Industries, 2026 Edition
State of Finance and Insurance in Alabama, 2026 Edition
NAICS 52
May 28, 2026
1. Market sizing (2022)
Establishments
7,381
Employees
73,921
Annual payroll
$6.43B
2. National context
Alabama accounts for 1.54% of the 480,546 US establishments in this sector and ranks 25th out of 51 reporting states.
3. Workforce wages
AL avg annual wage
$87,037
US avg annual wage
$123,705
Alabama sector wages are -29.6% versus the national average for NAICS 52.
4. Federal exclusion overlay (state-wide)
OIG LEIE individuals + entities
1,870
SAM debarred/excluded
2,545
Exclusion counts are state-wide across all NAICS, not specific to Finance and Insurance. Sourced from OIG LEIE and SAM exclusion lists, as of 2026-05-27.
5. Top 3 counties by establishment count
| Rank | County | Establishments | Employees |
|---|---|---|---|
| #1 | Jefferson County | 1,277 | 24,645 |
| #2 | Mobile County | 620 | 5,259 |
| #3 | Madison County | 529 | 4,500 |
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