NAICS 52

Finance and Insurance in Hanford-Corcoran, CA

Metro Market Score 50.3 (Challenging), ranked #175 of 331 metros. 71 establishments, 435 jobs.

Metro Market Assessment

Metro Market Score 50.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Finance and Insurance employment in Hanford-Corcoran contracted year-over-year, placing the growth trend in the lower half at 6.3. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration
0.3
LQ: 0.21
Rank #1 of 331 metros
Wage Competitiveness
51.7
$89,325 avg wage
Growth Trend
↓ 6.3
Employment growth index
Rank #311 of 331 metros
Wage Pressure
46.3
YoY wage change index

71 Finance and Insurance Firms in Hanford-Corcoran

71
Establishments
-6.6% YoY
435
Total Employment
-8.2% YoY
$89,325
Average Annual Wage
+6.3% YoY
0.21
Location Quotient
Below national avg

Hanford-Corcoran vs California Statewide

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

Measure Hanford-Corcoran CA Statewide
Overall Score 50.3 Challenging 46.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #175 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 Hanford-Corcoran

Professional, Scientific, and Technical Services 29.6 Real Estate and Rental and Leasing 29.8 Other Services 31.1 Healthcare and Social Assistance 31.8 Construction 39.7 Information 42.6 Administrative and Support Services 48.0 Accommodation and Food Services 50.6 Retail Trade 55.6

Finance and Insurance in Other California Metros

Bakersfield-Delano 19.0 #5/331 El Centro 28.6 #36/331 Redding 32.8 #63/331 Merced 34.4 #73/331 Visalia 39.7 #101/331 Fresno 42.2 #121/331 Santa Maria-Santa Barbara 42.6 #124/331 Vallejo 43.3 #130/331 Napa 43.5 #131/331 Modesto 43.8 #135/331

+ 13 more metros. View all in California →

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 Hanford-Corcoran's finance and insurance sector, the employment growth component (93.7) 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.