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Size of the US Insurance Agencies and Brokerages industry

NAICS 52421, Insurance Agencies and Brokerages. Every figure on this page was published by a federal statistical agency and carries its source and period. Palanor does not estimate: a period the agency didn’t publish shows as missing, and a figure it withheld shows as withheld.

Key figures

Receipts (sales, shipments or revenue)
$194 billion
2022 · Economic Census
All establishments, current dollars
Employment
1,003,742
2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Establishments
164,561
2026-Q1 · Quarterly Census of Employment and Wages
Private ownership
Firms
122,475
2022 · Economic Census
Annual payroll
$74.4 billion
2023 · County Business Patterns

Over time

Employment · Quarterly Census of Employment and WagesLatest 1,003,742 · 2026-Q1
2019-Q1: 832,7392019-Q2: 842,0562019-Q3: 844,5432019-Q4: 854,4242020-Q1: 847,5302020-Q2: 842,7162020-Q3: 846,9152020-Q4: 856,9482021-Q1: 873,5312021-Q2: 881,8152021-Q3: 890,5872021-Q4: 912,4552022-Q1: 912,3382022-Q2: 922,9382022-Q3: 936,4432022-Q4: 944,9112023-Q1: 949,1112023-Q2: 965,9792023-Q3: 980,9022023-Q4: 995,3062024-Q1: 983,2092024-Q2: 993,2462024-Q3: 999,6212024-Q4: 1,008,5662025-Q1: 995,3692025-Q2: 1,005,1052025-Q3: 1,008,7372025-Q4: 1,016,7582026-Q1: 1,003,742NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q11,003,7422022
2025-Q41,016,7582022
2025-Q31,008,7372022
2025-Q21,005,1052022
2025-Q1995,3692022
2024-Q41,008,5662022
2024-Q3999,6212022
2024-Q2993,2462022
2024-Q1983,2092022
2023-Q4995,3062022
2023-Q3980,9022022
2023-Q2965,9792022
2023-Q1949,1112022
2022-Q4944,9112022
2022-Q3936,4432022
2022-Q2922,9382022
2022-Q1912,3382022
2021-Q4912,4552017
2021-Q3890,5872017
2021-Q2881,8152017
2021-Q1873,5312017
2020-Q4856,9482017
2020-Q3846,9152017
2020-Q2842,7162017
2020-Q1847,5302017
2019-Q4854,4242017
2019-Q3844,5432017
2019-Q2842,0562017
2019-Q1832,7392017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private-sector jobs in the third month of each quarter

Employment · County Business PatternsLatest 818,561 · 2023
2017: 724,7702018: 734,9072019: 740,3192020: 752,7062021: 769,5582022: 807,6332023: 818,561
Show the numbers
PeriodValue
2023818,561
2022807,633
2021769,558
2020752,706
2019740,319
2018734,907
2017724,770

Source: U.S. Census Bureau, County Business Patterns · Paid employees in the pay period including March 12

Establishments · Quarterly Census of Employment and WagesLatest 164,561 · 2026-Q1
2019-Q1: 143,1262019-Q2: 143,7062019-Q3: 144,5902019-Q4: 145,5012020-Q1: 145,0322020-Q2: 145,5312020-Q3: 146,9412020-Q4: 148,3822021-Q1: 149,8342021-Q2: 152,7182021-Q3: 153,1302021-Q4: 154,6002022-Q1: 154,8672022-Q2: 156,3092022-Q3: 157,8592022-Q4: 156,1612023-Q1: 156,8522023-Q2: 157,3402023-Q3: 159,0682023-Q4: 160,2732024-Q1: 159,2392024-Q2: 160,5272024-Q3: 160,8952024-Q4: 161,5262025-Q1: 160,2942025-Q2: 161,1262025-Q3: 162,5932025-Q4: 163,9662026-Q1: 164,561NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1164,5612022
2025-Q4163,9662022
2025-Q3162,5932022
2025-Q2161,1262022
2025-Q1160,2942022
2024-Q4161,5262022
2024-Q3160,8952022
2024-Q2160,5272022
2024-Q1159,2392022
2023-Q4160,2732022
2023-Q3159,0682022
2023-Q2157,3402022
2023-Q1156,8522022
2022-Q4156,1612022
2022-Q3157,8592022
2022-Q2156,3092022
2022-Q1154,8672022
2021-Q4154,6002017
2021-Q3153,1302017
2021-Q2152,7182017
2021-Q1149,8342017
2020-Q4148,3822017
2020-Q3146,9412017
2020-Q2145,5312017
2020-Q1145,0322017
2019-Q4145,5012017
2019-Q3144,5902017
2019-Q2143,7062017
2019-Q1143,1262017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Establishments · County Business PatternsLatest 133,728 · 2023
2017: 136,3852018: 136,1512019: 135,0772020: 134,9022021: 135,9392022: 135,1002023: 133,728
Show the numbers
PeriodValue
2023133,728
2022135,100
2021135,939
2020134,902
2019135,077
2018136,151
2017136,385

Source: U.S. Census Bureau, County Business Patterns

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $33.7 billion · 2026-Q1
2019-Q1: $19.7 billion2019-Q2: $15.5 billion2019-Q3: $15.8 billion2019-Q4: $17.3 billion2020-Q1: $21.0 billion2020-Q2: $16.0 billion2020-Q3: $16.6 billion2020-Q4: $19.0 billion2021-Q1: $21.9 billion2021-Q2: $17.8 billion2021-Q3: $18.5 billion2021-Q4: $21.3 billion2022-Q1: $25.3 billion2022-Q2: $19.7 billion2022-Q3: $20.8 billion2022-Q4: $21.8 billion2023-Q1: $27.9 billion2023-Q2: $21.9 billion2023-Q3: $21.9 billion2023-Q4: $24.4 billion2024-Q1: $30.3 billion2024-Q2: $23.9 billion2024-Q3: $23.6 billion2024-Q4: $26.1 billion2025-Q1: $32.2 billion2025-Q2: $25.1 billion2025-Q3: $25.3 billion2025-Q4: $27.4 billion2026-Q1: $33.7 billionNAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1$33.7 billion2022
2025-Q4$27.4 billion2022
2025-Q3$25.3 billion2022
2025-Q2$25.1 billion2022
2025-Q1$32.2 billion2022
2024-Q4$26.1 billion2022
2024-Q3$23.6 billion2022
2024-Q2$23.9 billion2022
2024-Q1$30.3 billion2022
2023-Q4$24.4 billion2022
2023-Q3$21.9 billion2022
2023-Q2$21.9 billion2022
2023-Q1$27.9 billion2022
2022-Q4$21.8 billion2022
2022-Q3$20.8 billion2022
2022-Q2$19.7 billion2022
2022-Q1$25.3 billion2022
2021-Q4$21.3 billion2017
2021-Q3$18.5 billion2017
2021-Q2$17.8 billion2017
2021-Q1$21.9 billion2017
2020-Q4$19.0 billion2017
2020-Q3$16.6 billion2017
2020-Q2$16.0 billion2017
2020-Q1$21.0 billion2017
2019-Q4$17.3 billion2017
2019-Q3$15.8 billion2017
2019-Q2$15.5 billion2017
2019-Q1$19.7 billion2017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Annual payroll · County Business PatternsLatest $74.4 billion · 2023
2017: $49.6 billion2018: $51.7 billion2019: $53.9 billion2020: $57.1 billion2021: $62.0 billion2022: $68.0 billion2023: $74.4 billion
Show the numbers
PeriodValue
2023$74.4 billion
2022$68.0 billion
2021$62.0 billion
2020$57.1 billion
2019$53.9 billion
2018$51.7 billion
2017$49.6 billion

Source: U.S. Census Bureau, County Business Patterns

The ledger

Every published measure

MeasureSourceLatestPeriodHistory
EmploymentPrivate-sector jobs in the third month of each quarterQuarterly Census of Employment and Wages1,003,7422026-Q12019-Q1–2026-Q1 · 29 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages164,5612026-Q12019-Q1–2026-Q1 · 29 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$33.7 billion2026-Q12019-Q1–2026-Q1 · 29 published
Annual payrollCounty Business Patterns$74.4 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns818,56120232017–2023 · 7 published
EstablishmentsCounty Business Patterns133,72820232017–2023 · 7 published
Annual payrollEconomic Census$66.3 billion20222017–2022 · 2 published
EmploymentPaid employees in the pay period including March 12Economic Census833,83520222017–2022 · 2 published
EstablishmentsEconomic Census137,03420222017–2022 · 2 published
FirmsEconomic Census122,47520222017–2022 · 2 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$194 billion20222017–2022 · 2 published

Breakdown

Industries within Insurance Agencies and Brokerages

NAICSIndustrySizeEmployment
524210Insurance Agencies and Brokerages$194 billionReceipts · 2022 · Economic Census1,003,7422026-Q1 · QCEW

Sources

Where every number comes from

Figures are in current dollars and are the agencies’ own, revised when they revise. Each program defines its universe differently (employer firms, private ownership, all establishments), so figures from different sources are not meant to add up. This page is not endorsed by the Census Bureau, BEA or BLS. The same data is in the Palanor API (/v1/industries) and the MCP (palanor_get_industry). All industries.