NAICS 52

Finance and Insurance in Salinas, CA

Metro Market Score 52.3 (Challenging), ranked #189 of 331 metros. 312 establishments, 2,044 jobs.

Metro Market Assessment

Metro Market Score 52.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

💰High-Cost Market

Finance and Insurance conditions in Salinas are mixed. The 52.3 market score puts it at #189 of 331, with no metric pulling sharply in either direction. Wages, growth, and competition are all within a normal range for this industry.

Industry Concentration
0.9
LQ: 0.25
Rank #3 of 331 metros
Wage Competitiveness
87.3
$119,749 avg wage
Growth Trend
↓ 33.8
Employment growth index
Rank #220 of 331 metros
Wage Pressure
52.2
YoY wage change index

312 Finance and Insurance Firms in Salinas

312
Establishments
-4.9% YoY
2,044
Total Employment
-2.6% YoY
$119,749
Average Annual Wage
+8.6% YoY
0.25
Location Quotient
Below national avg

Salinas vs California Statewide

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

Measure Salinas CA Statewide
Overall Score 52.3 Challenging 46.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #189 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 Salinas

Construction 31.6 Healthcare and Social Assistance 32.3 Information 32.5 Real Estate and Rental and Leasing 37.9 Professional, Scientific, and Technical Services 39.8 Other Services 50.2 Administrative and Support Services 51.2 Retail Trade 53.7 Accommodation and Food Services 75.7

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 Salinas's finance and insurance sector, the wage competitiveness component (87.3) 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.