Key Industries

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Frederick County's Finance & Insurance Industry 

Over the last 10 years, Frederick County's finance and insurance industry has grown at an average annual rate of 6.6%*. The area's growth and demographics, proximity to Washington, D.C., competitive lease costs and tax rates, and essential connectivity and transportation infrastructure, create a favorable environment for future growth. 

Employment Snapshot

3,693

Employed in Finance & Insurance*
Winchester VA-WV MSA

 8,413

Employed in Finance & Insurance*
45-Minute Drive-Time

$83,800

Average Annual Industry Wage:
Finance & Insurance*
45-Minute Drive-Time

 607

Loan Officers**
45-Minute Drive-Time

Average Annual wage
$91,500

871

Securities, Commodities, and Financial Services Sales Agents**
45-Minute Drive-Time

Average Annual wage
$95,300

 4,514

Customer Service Representatives**
45-Minute Drive-Time

Average Annual wage
$44,200

* JobsEQ® Industry Snapshot, 2024Q4
** JobsEQ® Occupation Snapshot, 2024Q4

Employer Snapshot

Company Focus
 Navy Federal Credit Union Operations Center & Banking
 Bank of Clarke County Banking
 Truist Banking 
 Integrity Home Mortgage Mortgage and Nonmortgage Loan Brokers
 Apple Federal Credit Union Banking
 United Bank Banking
 Mid-Atlantic Farm Credit  Non-depository Credit Intermediation