Finance & Insurance in Akron, OH — margin & metro benchmarks
The finance & insurance industry's national net profit margin is 20.2% (national, owner-operator basis — no metro-level margin exists in any public source). The Akron, OH metro has 888 finance & insurance establishments.
20.2%net margin · owner-operator basis
Owner-operator basis (IRS SOI sole proprietorships, TY2023): net income less deficit ÷ business receipts, at NAICS 52 (Finance & Insurance). Sole-proprietor labor is not expensed, so this overstates corporate-style profit. Margin is national only (IRS SOI);
never adjusted to look local — see methodology.
Finance & Insurance in the Akron, OH metro
Local counts from Census County Business Patterns (2023), metro (CBSA) grain; wage from BLS QCEW 2024 (metro grain). Average weekly wage is the Akron, OH metro (CBSA) figure from BLS QCEW 2024, private-sector.
| Metric | Value | |
|---|---|---|
| Establishments (metro) | 888 | Metro 2023 source ↗ |
| Employment (metro) | 8,749 | Metro 2023 source ↗ |
| Annual payroll (metro) | $727,809,000 | Metro 2023 source ↗ |
| Average weekly wage (metro) | $2,006 | Metro 2024 source ↗ |
Multi-year metro trends and metro-to-metro comparison are available to subscribers. This page shows the current national margin plus current metro counts.
Frequently asked
How many finance & insurance businesses are in the Akron, OH metro?
888 establishments (Census County Business Patterns, 2023).
What profit margin do finance & insurance businesses make?
About 20.2% net margin nationally (owner-operator basis, IRS SOI) — no metro-level margin is published.
What is the average finance & insurance wage in the Akron, OH metro?
$2,006 per week (BLS QCEW 2024, private sector) — about $104,312/year.
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