NAICS 52

Finance and Insurance in Daphne-Fairhope-Foley, AL

Metro Market Score 39.1 (Moderate), ranked #99 of 331 metros. 497 establishments, 2,054 jobs.

Metro Market Score 39.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national finance and insurance average.

Employment in Daphne-Fairhope-Foley's finance and insurance sector grew faster than most metros last year, pushing its growth trend index to 73.7. Combined with a 39.1 market score, this metro sits in the upper half for overall conditions.

Industry Concentration

47.1

LQ: 0.59

Rank #156 of 331 metros

Wage Competitiveness

43.5

$86,204 avg wage

Growth Trend

↑ 73.7

Employment growth index

Rank #88 of 331 metros

Wage Pressure

42.7

YoY wage change index

497 Finance and Insurance Firms in Daphne-Fairhope-Foley

497

Establishments

+4.0% YoY

2,054

Total Employment

+1.4% YoY

$86,204

Average Annual Wage

+4.9% YoY

0.59

Location Quotient

Below national avg

Within Alabama

#5 of 10

finance and insurance metros in state

Alabama state rank

#18 of 51

for finance and insurance entry risk

vs State Median

-4.1

better than median (43.2)

Daphne-Fairhope-Foley vs Alabama Statewide

How this metro's finance and insurance market compares to Alabama overall. The state ranks #18/51 for entry risk.

Measure	Daphne-Fairhope-Foley	AL Statewide
Overall Score	39.1 Moderate	48.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#99 of 331 metros	#18 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Daphne-Fairhope-Foley

Healthcare and Social Assistance 25.9 Professional, Scientific, and Technical Services 32.7 Information 35.0 Construction 42.8 Administrative and Support Services 44.7 Accommodation and Food Services 58.2 Other Services 59.7 Retail Trade 62.9 Real Estate and Rental and Leasing 64.4

Finance and Insurance in Other Alabama Metros

Auburn-Opelika 19.0 #6/331 Anniston-Oxford 29.0 #41/331 Gadsden 29.2 #43/331 Huntsville 34.0 #70/331 Florence-Muscle Shoals 43.2 #129/331 Decatur 44.6 #146/331 Dothan 48.5 #159/331 Birmingham 67.1 #277/331 Mobile 69.1 #289/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Daphne-Fairhope-Foley's 39.1 score. Useful when comparing markets with comparable entry profiles.

Greenville, NC 39.1 #97/331 Corvallis, OR 39.1 #98/331 Homosassa Springs, FL 39.0 #96/331 Sherman-Denison, TX 39.2 #100/331 Yakima, WA 38.7 #95/331 Gainesville, FL 38.7 #94/331 Corpus Christi, TX 38.5 #93/331 Racine-Mount Pleasant, WI 38.5 #92/331 Visalia, CA 39.7 #101/331 Wilmington, NC 39.7 #102/331

Finance and Insurance in States Bordering Alabama

State-level entry risk for finance and insurance in adjacent states. Use this to weigh cross-border options.

Tennessee 53.4 #33/51 Mississippi 54.5 #36/51 Georgia 56.4 #40/51 Florida 61.9 #46/51

Browse Finance and Insurance in Other States

State-level entry risk reports for finance and insurance across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Daphne-Fairhope-Foley's finance and insurance sector, the industry concentration component (47.1) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Daphne-Fairhope-Foley, AL MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment