Virginia · NAICS 524 · Annual, 2025
Insurance Carriers and Related Activities in Virginia
Employment, establishments and average pay for NAICS 524 in Virginia, 2004–2025, from DTG's QCEW-based estimates.
In 2025, Insurance Carriers and Related Activities (NAICS 524) employed about 56,800 people in Virginia across roughly 5,406 establishments, with average annual pay of $108,950.
Employment in Insurance Carriers and Related Activities in Virginia grew 8.4% from 2020 to 2025. Average pay in the industry is 36.0% above the all-industries average in Virginia. Quarterly values, full industry detail and projections to 2036 for Virginia are included with a free account. County-level detail is part of every paid plan, or one county free for seven days.
- 56,800Employment, 2025
- 5,406Establishments
- $108,950Avg. annual pay
- 1.4%Share of Virginia jobs
- 0.81Location quotient
Employment, 2004 to 2025
Annual average · all ownerships
Annual employment, 2004–2025: 2004 40,100; 2005 40,300; 2006 40,700; 2007 40,400; 2008 40,000; 2009 38,500; 2010 37,500; 2011 38,400; 2012 38,500; 2013 45,000; 2014 46,700; 2015 47,600; 2016 47,900; 2017 49,400; 2018 51,000; 2019 52,600; 2020 52,400; 2021 52,200; 2022 54,400; 2023 56,700; 2024 57,000; 2025 56,800.
Last ten years
Annual · 10 years
| Year | Employment | Estab. | Avg. annual pay | Change | Source |
|---|---|---|---|---|---|
| 2025 | 56,782 | 5,406 | $108,951 | 0.4% | pub. |
| 2024 | 57,010 | 5,355 | $103,253 | 0.6% | pub. |
| 2023 | 56,651 | 5,285 | $101,430 | 4.1% | pub. |
| 2022 | 54,442 | 5,243 | $93,039 | 4.3% | pub. |
| 2021 | 52,210 | 4,827 | $88,864 | 0.3% | pub. |
| 2020 | 52,378 | 4,521 | $85,087 | 0.4% | pub. |
| 2019 | 52,590 | 4,495 | $80,841 | 3.1% | pub. |
| 2018 | 51,027 | 4,457 | $79,881 | 3.2% | pub. |
| 2017 | 49,423 | 4,476 | $76,836 | 3.3% | pub. |
| 2016 | 47,869 | 4,582 | $74,842 | 0.6% | pub. |
The full history from 2004 and quarterly values are available with a free account.
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.
Notes
Data Tactical Group is an independent company and is not affiliated with or endorsed by any federal agency.
Insurance Carriers and Related Activities in Virginia, quarterly, at full depth
This page shows annual figures for insurance carriers and related activities in Virginia. 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.