NAICS 52

Finance and Insurance in Tallahassee, FL

Metro Market Score 49.3 (Challenging), ranked #166 of 331 metros. 583 establishments, 5,197 jobs.

Metro Market Assessment

Metro Market Score 49.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Despite a mature finance and insurance presence (concentration: 59.8), Tallahassee is still adding jobs in this sector. Growth trend sits at 64.7, and the overall 49.3 market score lands in the lower half. Established markets with growth are worth a closer look.

Industry Concentration
59.8
LQ: 0.67
Rank #198 of 331 metros
Wage Competitiveness
56.5
$91,289 avg wage
Growth Trend
↑ 64.7
Employment growth index
Rank #118 of 331 metros
Wage Pressure
47.8
YoY wage change index

583 Finance and Insurance Firms in Tallahassee

583
Establishments
+4.3% YoY
5,197
Total Employment
+0.3% YoY
$91,289
Average Annual Wage
+6.9% YoY
0.67
Location Quotient
Below national avg

Tallahassee vs Florida Statewide

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

Measure Tallahassee FL Statewide
Overall Score 49.3 Challenging 61.9 High
Score Type Metro Market Score Entry Risk Score
Rank #166 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 Tallahassee

Construction 27.6 Real Estate and Rental and Leasing 35.4 Retail Trade 38.1 Accommodation and Food Services 66.3

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 Port St. Lucie 50.7 #180/331 Sebastian-Vero Beach-West Vero Corridor 51.1 #182/331

+ 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 Tallahassee's finance and insurance sector, the industry concentration component (59.8) 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.