NAICS 52

Finance and Insurance in Decatur, AL

Metro Market Score 44.6 (Moderate), ranked #146 of 331 metros. 226 establishments, 1,634 jobs.

Metro Market Assessment

Metro Market Score 44.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Finance and Insurance wages in Decatur run well below the metro average (competitiveness index: 21.4), and year-over-year wage pressure is low at 43.2. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
61.0
LQ: 0.69
Rank #202 of 331 metros
Wage Competitiveness
21.4
$76,190 avg wage
Growth Trend
48.9
Employment growth index
Rank #170 of 331 metros
Wage Pressure
43.2
YoY wage change index

226 Finance and Insurance Firms in Decatur

226
Establishments
+2.7% YoY
1,634
Total Employment
-0.8% YoY
$76,190
Average Annual Wage
+5.1% YoY
0.69
Location Quotient
Below national avg

Decatur vs Alabama Statewide

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

Measure Decatur AL Statewide
Overall Score 44.6 Moderate 48.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #146 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 Decatur

Real Estate and Rental and Leasing 18.2 Information 31.4 Retail Trade 37.0 Administrative and Support Services 39.8 Construction 45.4 Other Services 56.2

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 Daphne-Fairhope-Foley 39.1 #99/331 Florence-Muscle Shoals 43.2 #129/331 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 Decatur's finance and insurance sector, the employment growth component (51.1) 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.