Palavir · State of US Industries, 2026 Edition
State of Finance and Insurance in Maryland, 2026 Edition
NAICS 52
May 28, 2026
1. Market sizing (2022)
Establishments
7,390
Employees
104,312
Annual payroll
$12.96B
2. National context
Maryland accounts for 1.54% of the 480,546 US establishments in this sector and ranks 23rd out of 51 reporting states.
3. Workforce wages
MD avg annual wage
$124,255
US avg annual wage
$123,705
Maryland sector wages are +0.4% versus the national average for NAICS 52.
4. Federal exclusion overlay (state-wide)
OIG LEIE individuals + entities
890
SAM debarred/excluded
1,644
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 | Montgomery County | 1,490 | 22,609 |
| #2 | Baltimore County | 1,381 | 18,651 |
| #3 | Anne Arundel County | 765 | 7,504 |
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