Palavir · State of US Industries, 2026 Edition
State of Finance and Insurance in Virginia, 2026 Edition
NAICS 52
May 28, 2026
1. Market sizing (2022)
Establishments
10,968
Employees
172,962
Annual payroll
$20.81B
2. National context
Virginia accounts for 2.28% of the 480,546 US establishments in this sector and ranks 12th out of 51 reporting states.
3. Workforce wages
VA avg annual wage
$120,303
US avg annual wage
$123,705
Virginia sector wages are -2.8% versus the national average for NAICS 52.
4. Federal exclusion overlay (state-wide)
OIG LEIE individuals + entities
1,571
SAM debarred/excluded
2,781
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 | Fairfax County | 1,629 | 32,500 |
| #2 | Henrico County | 782 | 25,332 |
| #3 | Virginia Beach city | 748 | 12,089 |
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