NAICS 52

Finance and Insurance in Anchorage, AK

Metro Market Score 61.9 (Difficult), ranked #257 of 331 metros. 475 establishments, 4,303 jobs.

Metro Market Score 61.9

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

Finance and Insurance employment in Anchorage contracted year-over-year, placing the growth trend in the bottom quartile at 11.2. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration

48.9

LQ: 0.60

Rank #162 of 331 metros

Wage Competitiveness

53.5

$90,119 avg wage

Growth Trend

↓ 11.2

Employment growth index

Rank #295 of 331 metros

Wage Pressure

48.1

YoY wage change index

475 Finance and Insurance Firms in Anchorage

475

Establishments

+0.6% YoY

4,303

Total Employment

-6.1% YoY

$90,119

Average Annual Wage

+7.0% YoY

0.60

Location Quotient

Below national avg

Within Alaska

#2 of 2

finance and insurance metros in state

Alaska state rank

#21 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (61.9)

Anchorage vs Alaska Statewide

How this metro's finance and insurance market compares to Alaska overall. The state ranks #21/51 for entry risk.

Measure	Anchorage	AK Statewide
Overall Score	61.9 Difficult	49.7 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#257 of 331 metros	#21 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 Anchorage

Administrative and Support Services 49.0 Real Estate and Rental and Leasing 50.1 Professional, Scientific, and Technical Services 54.6 Construction 55.7 Healthcare and Social Assistance 63.5 Other Services 64.1 Information 64.2 Retail Trade 72.7 Accommodation and Food Services 73.2

Finance and Insurance in Other Alaska Metros

Fairbanks-College 28.8 #38/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Anchorage's 61.9 score. Useful when comparing markets with comparable entry profiles.

Lincoln, NE 62.0 #258/331 Salt Lake City-Murray, UT 61.8 #256/331 Durham-Chapel Hill, NC 62.0 #259/331 Bellingham, WA 61.5 #255/331 Fort Wayne, IN 61.4 #254/331 Boulder, CO 61.4 #253/331 Burlington, NC 61.4 #252/331 Ithaca, NY 62.4 #260/331 Santa Cruz-Watsonville, CA 61.0 #251/331 Lewiston-Auburn, ME 62.8 #261/331

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 Anchorage's finance and insurance sector, the employment growth component (88.8) 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 Anchorage, AK MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment