NAICS 52

Finance and Insurance in Crestview-Fort Walton Beach-Destin, FL

Metro Market Score 60.9 (Difficult), ranked #250 of 331 metros. 500 establishments, 2,671 jobs.

Metro Market Assessment

Metro Market Score 60.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

Finance and Insurance employment in Crestview-Fort Walton Beach-Destin contracted year-over-year, placing the growth trend in the bottom quartile at 8.8. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration
36.9
LQ: 0.53
Rank #122 of 331 metros
Wage Competitiveness
62.2
$94,073 avg wage
Growth Trend
↓ 8.8
Employment growth index
Rank #303 of 331 metros
Wage Pressure
43.7
YoY wage change index

500 Finance and Insurance Firms in Crestview-Fort Walton Beach-Destin

500
Establishments
+0.2% YoY
2,671
Total Employment
-6.8% YoY
$94,073
Average Annual Wage
+5.3% YoY
0.53
Location Quotient
Below national avg

Crestview-Fort Walton Beach-Destin vs Florida Statewide

How this metro's finance and insurance market compares to Florida overall. The state ranks #46/51 for entry risk.

Measure Crestview-Fort Walton Beach-Destin FL Statewide
Overall Score 60.9 Difficult 61.9 High
Score Type Metro Market Score Entry Risk Score
Rank #250 of 331 metros #46 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 Crestview-Fort Walton Beach-Destin

Healthcare and Social Assistance 30.9 Construction 44.9 Other Services 45.9 Retail Trade 59.5 Information 62.1 Real Estate and Rental and Leasing 65.1 Administrative and Support Services 68.3 Professional, Scientific, and Technical Services 68.7 Accommodation and Food Services 71.9

Finance and Insurance in Other Florida Metros

Ocala 27.9 #32/331 Punta Gorda 34.3 #72/331 Gainesville 38.7 #94/331 Homosassa Springs 39.0 #96/331 Deltona-Daytona Beach-Ormond Beach 39.8 #103/331 Palm Bay-Melbourne-Titusville 41.4 #112/331 Sebring 41.8 #117/331 Cape Coral-Fort Myers 45.6 #150/331 Tallahassee 49.3 #166/331 Port St. Lucie 50.7 #180/331

+ 11 more metros. View all in Florida →

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 Crestview-Fort Walton Beach-Destin's finance and insurance sector, the employment growth component (91.2) 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.