Palavir · State of US Industries, 2026 Edition
State of Finance and Insurance in Tennessee, 2026 Edition
NAICS 52
May 28, 2026
1. Market sizing (2022)
Establishments
10,144
Employees
140,227
Annual payroll
$13.61B
2. National context
Tennessee accounts for 2.11% of the 480,546 US establishments in this sector and ranks 16th out of 51 reporting states.
3. Workforce wages
TN avg annual wage
$97,061
US avg annual wage
$123,705
Tennessee sector wages are -21.5% versus the national average for NAICS 52.
4. Federal exclusion overlay (state-wide)
OIG LEIE individuals + entities
1,820
SAM debarred/excluded
2,582
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 | Shelby County | 1,348 | 16,243 |
| #2 | Davidson County | 1,303 | 23,804 |
| #3 | Knox County | 833 | 10,370 |
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