NAICS 52

Finance and Insurance in Grand Junction, CO

Metro Market Score 53.6 (Challenging), ranked #205 of 331 metros. 279 establishments, 1,609 jobs.

Metro Market Assessment

Metro Market Score 53.6
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 Grand Junction contracted year-over-year, placing the growth trend in the lower half at 15.1. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration
47.7
LQ: 0.59
Rank #158 of 331 metros
Wage Competitiveness
32.6
$80,786 avg wage
Growth Trend
15.1
Employment growth index
Rank #282 of 331 metros
Wage Pressure
40.4
YoY wage change index

279 Finance and Insurance Firms in Grand Junction

279
Establishments
-5.4% YoY
1,609
Total Employment
-5.2% YoY
$80,786
Average Annual Wage
+4.0% YoY
0.59
Location Quotient
Below national avg
Within Colorado
#3 of 6
finance and insurance metros in state
Colorado state rank
#50 of 51
for finance and insurance entry risk
vs State Median
-0.3
better than median (53.9)

Grand Junction vs Colorado Statewide

How this metro's finance and insurance market compares to Colorado overall. The state ranks #50/51 for entry risk.

Measure Grand Junction CO Statewide
Overall Score 53.6 Challenging 67.3 High
Score Type Metro Market Score Entry Risk Score
Rank #205 of 331 metros #50 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 Grand Junction

Finance and Insurance in Other Colorado Metros

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Grand Junction's 53.6 score. Useful when comparing markets with comparable entry profiles.

Finance and Insurance in States Bordering Colorado

State-level entry risk for finance and insurance in adjacent states. Use this to weigh cross-border options.

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 Grand Junction's finance and insurance sector, the employment growth component (84.9) 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.