NAICS 52

Finance and Insurance in Redding, CA

Metro Market Score 32.8 (Favorable), ranked #63 of 331 metros. 216 establishments, 2,062 jobs.

Metro Market Assessment

Metro Market Score 32.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

📈Rapid Growth

Employment in Redding's finance and insurance sector grew faster than most metros last year, pushing its growth trend index to 98.8. Combined with a 32.8 market score, this metro sits in the top quartile for overall conditions.

Industry Concentration
68.0
LQ: 0.72
Rank #225 of 331 metros
Wage Competitiveness
30.2
$80,071 avg wage
Growth Trend
↑ 98.8
Employment growth index
Rank #5 of 331 metros
Wage Pressure
39.6
YoY wage change index

216 Finance and Insurance Firms in Redding

216
Establishments
-5.3% YoY
2,062
Total Employment
+19.5% YoY
$80,071
Average Annual Wage
+3.7% YoY
0.72
Location Quotient
Below national avg

Redding vs California Statewide

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

Measure Redding CA Statewide
Overall Score 32.8 Favorable 46.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #63 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 Redding

Administrative and Support Services 39.9 Healthcare and Social Assistance 41.1 Information 41.3 Real Estate and Rental and Leasing 43.3 Other Services 43.7 Construction 50.9 Professional, Scientific, and Technical Services 53.3 Accommodation and Food Services 62.2 Retail Trade 81.1

Finance and Insurance in Other California Metros

Bakersfield-Delano 19.0 #5/331 El Centro 28.6 #36/331 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 Riverside-San Bernardino-Ontario 43.9 #136/331

+ 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 Redding's finance and insurance sector, the industry concentration component (68.0) 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.