NAICS 52

Finance and Insurance in North Port-Bradenton-Sarasota, FL

Metro Market Score 54.4 (Challenging), ranked #214 of 331 metros. 1,912 establishments, 9,400 jobs.

Metro Market Assessment

Metro Market Score 54.4
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📈Rapid Growth

North Port-Bradenton-Sarasota stands out for high finance and insurance labor costs. Wage competitiveness hits 92.8 (above the 70th percentile of metros), and year-over-year wage pressure at 58.6 signals continued increases. Plan for higher payroll if entering this market.

Industry Concentration
61.9
LQ: 0.69
Rank #205 of 331 metros
Wage Competitiveness
92.8
$136,296 avg wage
Growth Trend
↑ 86.7
Employment growth index
Rank #45 of 331 metros
Wage Pressure
58.6
YoY wage change index

1,912 Finance and Insurance Firms in North Port-Bradenton-Sarasota

1,912
Establishments
+4.7% YoY
9,400
Total Employment
+3.4% YoY
$136,296
Average Annual Wage
+11.1% YoY
0.69
Location Quotient
Below national avg

North Port-Bradenton-Sarasota vs Florida Statewide

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

Measure North Port-Bradenton-Sarasota FL Statewide
Overall Score 54.4 Challenging 61.9 High
Score Type Metro Market Score Entry Risk Score
Rank #214 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 North Port-Bradenton-Sarasota

Information 46.4 Healthcare and Social Assistance 50.2 Professional, Scientific, and Technical Services 52.8 Construction 53.0 Other Services 57.5 Real Estate and Rental and Leasing 58.0 Retail Trade 61.4 Administrative and Support Services 66.6 Accommodation and Food Services 81.4

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 North Port-Bradenton-Sarasota's finance and insurance sector, the wage competitiveness component (92.8) 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.