NAICS 52

Finance and Insurance in Dover, DE

Metro Market Score 45.6 (Moderate), ranked #151 of 331 metros. 304 establishments, 1,816 jobs.

Metro Market Score 45.6

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

📈Rapid Growth

Dover ranks in the upper half for finance and insurance market conditions, driven by above-average employment growth. With a market score of 45.6, conditions are relatively favorable compared to most metros.

Industry Concentration

53.2

LQ: 0.63

Rank #176 of 331 metros

Wage Competitiveness

65.6

$95,410 avg wage

Growth Trend

↑ 76.4

Employment growth index

Rank #79 of 331 metros

Wage Pressure

44.5

YoY wage change index

304 Finance and Insurance Firms in Dover

304

Establishments

+8.6% YoY

1,816

Total Employment

+1.7% YoY

$95,410

Average Annual Wage

+5.6% YoY

0.63

Location Quotient

Below national avg

Within Delaware

#1 of 1

finance and insurance metros in state

Delaware state rank

#44 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (45.6)

Dover vs Delaware Statewide

How this metro's finance and insurance market compares to Delaware overall. The state ranks #44/51 for entry risk.

Measure	Dover	DE Statewide
Overall Score	45.6 Moderate	57.7 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#151 of 331 metros	#44 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 Dover

Construction 36.7 Healthcare and Social Assistance 39.2 Professional, Scientific, and Technical Services 40.4 Real Estate and Rental and Leasing 48.0 Other Services 50.8 Information 51.8 Retail Trade 69.8 Administrative and Support Services 69.9

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Dover's 45.6 score. Useful when comparing markets with comparable entry profiles.

Cape Coral-Fort Myers, FL 45.6 #150/331 Chico, CA 45.3 #149/331 Walla Walla, WA 45.0 #148/331 Lexington-Fayette, KY 45.0 #147/331 Casper, WY 46.6 #152/331 Decatur, AL 44.6 #146/331 Lewiston, ID 44.5 #145/331 Texarkana, TX 46.9 #153/331 Bend, OR 44.4 #144/331 Kokomo, IN 44.3 #143/331

Finance and Insurance in States Bordering Delaware

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

Pennsylvania 48.8 #19/51 Maryland 52.6 #30/51 New Jersey 53.2 #32/51

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 Dover's finance and insurance sector, the wage competitiveness component (65.6) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Dover, DE MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment