Connecticut · NAICS 52 · Annual, 2025

Finance and Insurance in Connecticut

Employment, establishments and average pay for NAICS 52 in Connecticut, 2004–2025, from DTG's QCEW-based estimates.

In 2025, Finance and Insurance (NAICS 52) employed about 96,000 people in Connecticut across roughly 8,913 establishments, with average annual pay of $244,560.

Employment in Finance and Insurance in Connecticut declined 20.3% from 2004 to 2025. The industry is 1.4× as concentrated in Connecticut as in the nation as a whole (location quotient 1.39). Average pay in the industry is 168.8% above the all-industries average in Connecticut. Quarterly values, full industry detail and projections to 2036 for Connecticut are included with a free account. County-level detail is part of every paid plan, or one county free for seven days.

  • 96,000Employment, 2025
  • 8,913Establishments
  • $244,560Avg. annual pay
  • 5.7%Share of Connecticut jobs
  • 1.39Location quotient

Employment, 2004 to 2025

Annual average · all ownerships

Employment in Finance and Insurance in Connecticut, 2004–2025Line chart of annual employment from 2004 to 2025, from 120,500 to 96,000.050K100K150K20042010201520202025

Annual employment, 2004–2025: 2004 120,500; 2005 121,700; 2006 123,400; 2007 123,500; 2008 123,000; 2009 118,400; 2010 115,700; 2011 114,700; 2012 112,900; 2013 110,800; 2014 107,800; 2015 108,300; 2016 107,800; 2017 106,200; 2018 103,700; 2019 101,800; 2020 99,500; 2021 97,500; 2022 97,100; 2023 96,700; 2024 96,500; 2025 96,000.

Last ten years

Annual · 10 years

YearEmploymentEstab.Avg. annual payChangeSource
202596,0168,913$244,556 0.5%pub.
202496,5388,958$234,099 0.2%pub.
202396,7338,694$215,216 0.4%pub.
202297,1278,196$207,728 0.4%pub.
202197,4987,779$194,993 2.0%pub.
202099,4947,413$181,731 2.3%pub.
2019101,8057,293$174,403 1.8%pub.
2018103,7157,236$171,823 2.4%pub.
2017106,2427,197$168,708 1.5%pub.
2016107,8017,087$165,245 0.5%pub.

† Not disclosed in QCEW; DTG estimate.

The full history from 2004 and quarterly values are available with a free account.

By subsector, 2025

3-digit NAICS · 4 shown

CodeSubsectorEmploymentShare of finance and insuranceLQSource
522Credit Intermediation and Related Activities19,59920.4%0.70est. · 1.00
523Securities, Commodity Contracts, and Other Financial Investments and Related Activities23,42824.4%1.95pub.
524Insurance Carriers and Related Activities52,98455.2%1.86pub.
525Funds, Trusts, and Other Financial Vehicles50.0%0.01est. · 0.98

† Not disclosed in QCEW; DTG estimate.

Where these numbers come from

Reading these figures

The figures on this page come from one named vintage, stated below, and are annual values for all ownerships combined. Where QCEW withheld a value, the marked figure is an estimate that DTG produced under the constraints of the published record; suppression is a property of QCEW, not of DTG, and a withheld value is marked rather than silently omitted. Two things DTG itself holds back, and says so where it does: an estimate that cannot be given a reliability score is not shown, and average pay is not shown where fewer than three jobs are reported. The row is marked withheld, with the reason in a note beneath the table. The mark is on every row that carries a value: the headline, the yearly history, the subsectors and the other states. An estimated value that rounds below one is shown as less than one, not as zero. Quarterly figures, county figures and projected years are in the app.

How this figure was built

Employment is the average of the three monthly counts in each quarter, averaged across the year, and establishments are averaged across the year the same way. Average annual pay is the year’s total wages divided by that average employment. Each of these is DTG’s value: QCEW’s published figure where QCEW disclosed it, and DTG’s estimate, marked, where it did not. How withheld values are estimated, and what the reliability score beside a figure means, are described on the industry data and disclosure and provenance pages.

Estimated by Data Tactical Group from BLS QCEW, with CES/SAE and projection inputs described in the methodology. Method: Disclosure, Industry.

Notes

Data Tactical Group is an independent company and is not affiliated with or endorsed by any federal agency.

Finance and Insurance in Connecticut, quarterly, at full depth

This page shows annual figures for finance and insurance in Connecticut. A free account shows every detailed industry beneath it, quarterly, for every state, with projections to ten years. No card.

County figures, file export and the API are on paid plans.