NAICS 52

Finance and Insurance in Sebastian-Vero Beach-West Vero Corridor, FL

Metro Market Score 51.1 (Challenging), ranked #182 of 331 metros. 296 establishments, 1,611 jobs.

Metro Market Assessment

Metro Market Score 51.1
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

Sebastian-Vero Beach-West Vero Corridor pairs above-average finance and insurance concentration (62.8) with positive employment growth (trend: 87.9). The market is competitive but still expanding, leaving room for well-positioned new entrants.

Industry Concentration
62.8
LQ: 0.69
Rank #208 of 331 metros
Wage Competitiveness
93.0
$138,127 avg wage
Growth Trend
87.9
Employment growth index
Rank #41 of 331 metros
Wage Pressure
42.4
YoY wage change index

296 Finance and Insurance Firms in Sebastian-Vero Beach-West Vero Corridor

296
Establishments
-1.0% YoY
1,611
Total Employment
+4.4% YoY
$138,127
Average Annual Wage
+4.8% YoY
0.69
Location Quotient
Below national avg

Sebastian-Vero Beach-West Vero Corridor vs Florida Statewide

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

Measure Sebastian-Vero Beach-West Vero Corridor FL Statewide
Overall Score 51.1 Challenging 61.9 High
Score Type Metro Market Score Entry Risk Score
Rank #182 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 Sebastian-Vero Beach-West Vero Corridor

Finance and Insurance in Other Florida Metros

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 Sebastian-Vero Beach-West Vero Corridor's finance and insurance sector, the wage competitiveness component (93.0) 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.