NAICS 52

Finance and Insurance in Bakersfield-Delano, CA

Metro Market Score 19.0 (Favorable), ranked #5 of 331 metros. 572 establishments, 4,433 jobs.

Metro Market Assessment

Metro Market Score 19.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

📈Rapid GrowthFavorable Market🌱Emerging Market

Bakersfield-Delano ranks in the top 10% for finance and insurance market conditions, driven by above-average employment growth. With a market score of 19.0, conditions are relatively favorable compared to most metros.

Industry Concentration
3.0
LQ: 0.31
Rank #10 of 331 metros
Wage Competitiveness
41.1
$85,077 avg wage
Growth Trend
95.2
Employment growth index
Rank #17 of 331 metros
Wage Pressure
32.4
YoY wage change index

572 Finance and Insurance Firms in Bakersfield-Delano

572
Establishments
-5.3% YoY
4,433
Total Employment
+9.8% YoY
$85,077
Average Annual Wage
+0.9% YoY
0.31
Location Quotient
Below national avg

Bakersfield-Delano vs California Statewide

How this metro's finance and insurance market compares to California overall. The state ranks #12/51 for entry risk.

Measure Bakersfield-Delano CA Statewide
Overall Score 19.0 Favorable 46.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #5 of 331 metros #12 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 Bakersfield-Delano

Finance and Insurance in Other California Metros

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 Bakersfield-Delano's finance and insurance sector, the wage competitiveness component (41.1) 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.