1997 Economic Census:
Comparative Statistics for Minnesota
1987 SIC Basis: Financial, Insurance, and Real Estate Industries

 
Financial, Insurance, and Real Estate Industries by Major Group (2-digit SIC)
Includes only establishments with payroll. Data are in current dollars and have not been adjusted for inflation. Detail may not add to total because of rounding. Introductory text includes scope and methodology.
For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table. "% chg" columns show percent change between 1992 and 1997. An alternate display has 1992 columns.

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SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
  Financial, insurance, and real estate industries 12,840 21.0 N N 152,750 22.4 6,232,366 51.4
60 Depository institutions 1,799 6.8 7,844,290 17.3 37,087 4.5 1,222,745 27.1
61 Nondepository credit institutions 828 46.8 D N (10k-24999) N D N
62 Security and commodity brokers, dealers, exchanges, and services 991 46.8 D N (10k-24999) N D N
63 Insurance carriers 769 10.3 D N (25k-49999) N D N
64 Insurance agents, brokers, and services 3,405 19.0 1,544,466 38.6 15,778 27.2 522,813 42.6
65 Real estate 4,523 20.6 D N (10k-24999) N D N
67 Holding and other investment offices, except trusts 525 38.2 D N (5000-9999) N D N
N=Comparable data not available D=Withheld to avoid disclosure

 

 

Financial, Insurance, and Real Estate Industries by Industry (4-digit SIC)
Includes only establishments with payroll. Data are in current dollars and have not been adjusted for inflation. Detail may not add to total because of rounding. Introductory text includes scope and methodology.
For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table. "% chg" columns show percent change between 1992 and 1997. An alternate display has 1992 columns.

SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
  Financial, insurance, and real estate industries 12,840 21.0 N N 152,750 22.4 6,232,366 51.4
60 Depository institutions 1,799 6.8 7,844,290 17.3 37,087 4.5 1,222,745 27.1
601 Central reserve depository institutions 1 -50.0 367,635 -14.7 1,133 4.3 47,853 33.4
6011 Federal reserve banks 1 0.0 367,635 5.8 1,133 10.3 47,853 39.0
6019 Central reserve depository institutions, n.e.c. 0 N 0 N 0 N 0 N
602 Commercial banks 1,353 19.0 D N (25k-49999) N D N
6021 National commercial banks 678 35.9 4,440,724 42.1 18,530 15.8 647,367 35.7
6022 State commercial banks 675 5.8 D N (10k-24999) N D N
603 Savings institutions 103 -50.2 D N (1000-2499) N D N
6035 Savings institutions, federally chartered 101 -51.0 D N (1000-2499) N D N
6036 Savings institutions, not federally chartered 2 100.0 D N (1-19) N D N
606 Credit unions 284 -1.7 451,258 45.2 2,751 21.2 68,186 54.6
6061 Credit unions, federally chartered 118 9.3 243,251 78.0 1,418 35.0 36,708 72.4
6062 Credit unions, not federally chartered 166 -8.3 208,007 19.5 1,333 9.4 31,478 38.0
608 Foreign banking and branches and agencies of foreign banks 1 N D N (1-19) N D N
609 Functions related to depository banking 57 16.3 321,251 21.8 2,481 44.5 88,370 71.7
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
61 Nondepository credit institutions 828 46.8 D N (10k-24999) N D N
616 Mortgage bankers and brokers 491 128.4 D N (5000-9999) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
62 Security and commodity brokers, dealers, exchanges, and services 991 46.8 D N (10k-24999) N D N
621 Security brokers, dealers, and flotation companies 554 66.9 2,398,936 85.7 8,451 34.5 715,306 63.9
6211 Security brokers, dealers, and flotation companies 554 66.9 2,398,936 85.7 8,451 34.5 715,306 63.9
623 Security and commodity exchanges 1 0.0 D N (20-99) N D N
6231 Security and commodity exchanges 1 0.0 D N (20-99) N D N
628 Services allied with the exchange of securities or commodities 395 27.4 D N (5000-9999) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
63 Insurance carriers 769 10.3 D N (25k-49999) N D N
631 Life insurance 210 0.0 Q N 16,437 8.4 727,277 20.2
6311 Life insurance 210 0.0 Q N 16,437 8.4 727,277 20.2
632 Accident and health insurance and medical service plans 71 34.0 Q N 9,399 115.0 346,474 162.6
6321 Accident and health insurance 17 -19.0 Q N (500-999) N D N
6324 Hospital and medical service plans 54 68.8 Q N (5000-9999) N D N
633 Fire, marine, and casualty insurance 382 0.8 Q N (10k-24999) N D N
6331 Fire, marine, and casualty insurance 382 0.8 Q N (10k-24999) N D N
635 Surety insurance 12 0.0 Q N 47 N 1,900 N
6351 Surety insurance 12 0.0 Q N 47 N 1,900 N
636 Title insurance 44 238.5 Q N (1000-2499) N D N
6361 Title insurance 44 238.5 Q N (1000-2499) N D N
637 Pension, health, and welfare funds 44 51.7 56,320 55.8 912 80.2 29,062 74.4
6371 Pension, health, and welfare funds 44 51.7 56,320 55.8 912 80.2 29,062 74.4
639 Insurance carriers, n.e.c. 6 500.0 D N (100-249) N D N
6399 Insurance carriers, nec 6 500.0 D N (100-249) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
64 Insurance agents, brokers, and services 3,405 19.0 1,544,466 38.6 15,778 27.2 522,813 42.6
641 Insurance agents, brokers, and services 3,405 19.0 1,544,466 38.6 15,778 27.2 522,813 42.6
6411 Insurance agents, brokers, and services 3,405 19.0 1,544,466 38.6 15,778 27.2 522,813 42.6
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
65 Real estate 4,523 20.6 D N (10k-24999) N D N
651 Real estate operators (except developers) and lessors 1,735 3.0 D N (5000-9999) N D N
6512 Operators of nonresidential buildings 405 0.0 D N (1000-2499) N D N
6513 Operators of apartment buildings 1,057 9.5 659,748 39.4 4,965 10.6 65,270 28.6
6514 Operators of dwellings other than apartment buildings 82 -28.7 25,532 -44.9 328 -33.1 4,699 10.6
6515 Operators of residential mobile home sites 142 -7.8 61,861 2.0 353 -7.1 5,554 -1.3
653 Real estate agents and managers 2,315 42.5 D N (10k-24999) N D N
6531 Real estate agents and managers 2,315 42.5 D N (10k-24999) N D N
654 Title abstract offices 212 30.9 141,797 25.5 1,915 27.7 54,782 42.5
655 Land subdividers and developers 261 -6.5 D N (500-999) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
67 Holding and other investment offices, except trusts 525 38.2 D N (5000-9999) N D N
671 Holding offices 238 5.3 D N (2500-4999) N D N
672 Investment offices 0 N 0 N 0 N 0 N
673 Trusts 143 N D N (500-999) N D N
679 Miscellaneous investing 144 9.9 233,882 N 1,130 N 50,298 N
N=Comparable data not available D=Withheld to avoid disclosure

Top: 2-digit SIC table All-sector table Data in formats for downloading PDF report

Source: 1997 Economic Census, Comparative Statistics   - Questions?
Last revised: July 13, 2011