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 Assessment

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

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

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

Data period: 2024. Last updated: April 2026.