Banking and Finance Jobs in Jacksonville, Florida

Private finance and insurance employers in Duval County averaged 42,881 jobs across 1,668 establishments in 2025, paying an average of $111,356 a year (BLS QCEW 2025, Duval County).

Duval County is the consolidated City of Jacksonville plus the four municipalities the 1968 consolidation left out, Atlantic Beach, Baldwin, Jacksonville Beach and Neptune Beach (City of Jacksonville ACFR); the QCEW figures here are for county 12031 as a whole. The $111,356 finance pay figure is well above the county's private sector average of $75,204 for the same year, which covered 508,794 private jobs (BLS QCEW). Finance and insurance employment fell by 3,234 jobs, or 7.0 percent, from 2024 to 2025, while total private employment in Duval County slipped by 1,856, or 0.4 percent. Finance and insurance lost more jobs than the county's private sector did in total that year.

Jacksonville finance pay is high for the county but below the state level for the same industry. Statewide, Florida's private finance and insurance employers averaged 458,036 jobs in 2025 at an average pay of $136,780, and Florida depository banks paid an average of $109,846 (BLS QCEW 2025, Florida), against $101,963 for Duval County banks.

The Duval County figures come from the Bureau of Labor Statistics Quarterly Census of Employment and Wages for county 12031, private ownership, and cover the whole consolidated county rather than the city limits alone. The industries guide on financial services covers the companies and the history of the cluster; this page follows the jobs and pay.

Banks and other lenders are the largest piece of Jacksonville finance, with 19,176 credit intermediation jobs in Duval County in 2025, followed by insurance carriers and agencies at 17,593 and securities and investment firms at 5,699 (BLS QCEW 2025).

Sources for the table: QCEW 2019, QCEW 2024 and QCEW 2025, private ownership, Duval County. Depository banks alone held 13,200 jobs in 2025, down 1,817, or 12.1 percent, in a single year, the largest percentage drop among the groups in the table (BLS lists it as -12.1 percent). Securities and investment firms are the smallest of the big groups but pay the most, at an average of $155,241 in 2025.

Average Duval County finance pay rose across the three years in the table. The sector paid an average of $80,236 in 2019 (QCEW 2019) and $105,712 in 2024 (QCEW 2024), against $111,356 in 2025, even as the job count in 2025 ended up below the 2019 level.

Duval County's employment location quotient for private finance and insurance was 1.84 in March 2026, as published by the Bureau of Labor Statistics (BLS QCEW first quarter 2026).

In the first quarter of 2026 Duval County's quotient was 2.00 for depository banks, 2.55 for nondepository lenders, 2.16 for insurance carriers, 1.61 for securities and investment firms and 1.35 for insurance agencies and brokers (BLS QCEW). Of those five groups, nondepository lending has the highest quotient while employing the fewest of them in March 2026, 4,573.

Average weekly wages for private finance and insurance jobs in Duval County were $2,962 in the first quarter of 2026, against $1,584 for all private jobs in the county (BLS QCEW). Securities and investment jobs averaged $4,621 a week in that quarter, the highest of the five groups listed above.

Duval County finance and insurance jobs were still shrinking in early 2026: March 2026 employment of 41,424 was 2,176 jobs, or 5.0 percent, below March 2025 (BLS QCEW first quarter 2026).

Over the same twelve months Duval County insurance carriers lost 1,427 jobs, or 13.5 percent, depository banks lost 959, or 7.0 percent, and insurance agencies and brokers lost 662, or 9.0 percent (BLS QCEW). Two smaller groups grew: securities and investment firms added 694 jobs, or 12.1 percent, to reach 6,417, and nondepository lenders added 217, or 5.0 percent, to reach 4,573.

Bank and insurance employment fell in the 2025 annual averages and again in the year to March 2026, while securities firms and nondepository lenders added jobs in the year to March 2026. Depository bank jobs had actually grown from 14,296 in 2019 to 15,017 in 2024 before the 2025 drop (QCEW 2024). The first quarter 2026 file was the newest Duval County quarter BLS served when this page was checked on October 18, 2026 (BLS QCEW).

Bank of America, with 8,000 employees, ranks eighth and Florida Blue, with 5,700, ranks tenth on the City of Jacksonville's 2024 list of principal employers (City of Jacksonville ACFR).

Each holds a small share of city employment in the city's schedule: 1.42 percent for Bank of America and 1.01 percent for Florida Blue. The 2015 column of the same schedule lists Bank of America Merrill Lynch at 8,000, Florida Blue at 6,500 and Citi at 4,000 (ACFR). Citi is absent from the eleven employers listed for 2024. The schedule lists its sources as the JaxUSA Partnership, a division of the Jax Chamber, the City Annual Budget Document for the city's own figure, and the U.S. Bureau of Labor Statistics.

The city's principal property taxpayer schedule, which covers all of Duval County, ranks Fidelity Information Services seventh with a taxable valuation of $152,444,711, labeled financial services, and Blue Cross and Blue Shield of Florida eighth at $146,960,700, labeled insurance (ACFR). The schedule gives them 0.14 percent and 0.13 percent of the county's taxable value, which it puts at $109,099,751,352 for all taxpayers. The major employers guide covers the full employer list.

The newest Jacksonville finance numbers on this page are the first quarter 2026 QCEW county figures; the employer list is from the city's fiscal 2024 report and reflects 2024 counts (City of Jacksonville ACFR).

The 2025 annual averages are the most recent full year in the county series (BLS QCEW 2025), and the 2019 and 2024 files give the comparison years. The county total of 42,881 finance and insurance jobs in 2025 compares with 46,115 in 2024 and 45,927 in 2019, so the 2025 figure is the lowest of the three years. Last verified: October 18, 2026, by downloading the Duval County QCEW files for 2019, 2024, 2025 and the first quarter of 2026 from the Bureau of Labor Statistics and rereading the principal employer and taxpayer schedules in the City of Jacksonville fiscal 2024 ACFR.