NAICS 52

Finance and Insurance in Tampa-St. Petersburg-Clearwater, FL

Metro Market Score 66.8 (Difficult), ranked #274 of 331 metros. 6,332 establishments, 95,621 jobs.

Metro Market Assessment

Metro Market Score 66.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

🏭Industry Hub💰High-Cost Market

With a 1.64 location quotient, Tampa-St. Petersburg-Clearwater has an outsized finance and insurance presence relative to its population. That concentration (index: 97.6) creates a mature local market where supplier networks are established but differentiation matters more.

Industry Concentration
97.6
LQ: 1.64
Rank #323 of 331 metros
Wage Competitiveness
88.5
$122,878 avg wage
Growth Trend
71.0
Employment growth index
Rank #97 of 331 metros
Wage Pressure
58.1
YoY wage change index

6,332 Finance and Insurance Firms in Tampa-St. Petersburg-Clearwater

6,332
Establishments
+1.0% YoY
95,621
Total Employment
+0.9% YoY
$122,878
Average Annual Wage
+10.9% YoY
1.64
Location Quotient
Above national avg

Tampa-St. Petersburg-Clearwater vs Florida Statewide

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

Measure Tampa-St. Petersburg-Clearwater FL Statewide
Overall Score 66.8 Difficult 61.9 High
Score Type Metro Market Score Entry Risk Score
Rank #274 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 Tampa-St. Petersburg-Clearwater

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 Tampa-St. Petersburg-Clearwater's finance and insurance sector, the industry concentration component (97.6) 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

Data period: 2024. Last updated: April 2026.