Palavir · State of US Industries, 2026 Edition
State of Finance and Insurance in West Virginia, 2026 Edition
NAICS 52
May 28, 2026
1. Market sizing (2022)
Establishments
2,041
Employees
17,440
Annual payroll
$1.19B
2. National context
West Virginia accounts for 0.42% of the 480,546 US establishments in this sector and ranks 43rd out of 51 reporting states.
3. Workforce wages
WV avg annual wage
$68,177
US avg annual wage
$123,705
West Virginia sector wages are -44.9% versus the national average for NAICS 52.
4. Federal exclusion overlay (state-wide)
OIG LEIE individuals + entities
845
SAM debarred/excluded
1,233
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 | Kanawha County | 282 | 3,893 |
| #2 | Cabell County | 145 | 950 |
| #3 | Monongalia County | 124 | 835 |
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