NAICS 52

Finance and Insurance in Urban Honolulu, HI

Metro Market Score 59.5 (Challenging), ranked #244 of 331 metros. 1,423 establishments, 12,235 jobs.

Metro Market Score 59.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

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

Urban Honolulu scores 59.5 on the Metro Market Score for finance and insurance, placing it in the lower half. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration

60.1

LQ: 0.67

Rank #199 of 331 metros

Wage Competitiveness

72.5

$102,148 avg wage

Growth Trend

↓ 39.6

Employment growth index

Rank #201 of 331 metros

Wage Pressure

40.9

YoY wage change index

1,423 Finance and Insurance Firms in Urban Honolulu

1,423

Establishments

+4.3% YoY

12,235

Total Employment

-1.8% YoY

$102,148

Average Annual Wage

+4.2% YoY

0.67

Location Quotient

Below national avg

Within Hawaii

#2 of 2

finance and insurance metros in state

Hawaii state rank

#1 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (59.5)

Urban Honolulu vs Hawaii Statewide

How this metro's finance and insurance market compares to Hawaii overall. The state ranks #1/51 for entry risk.

Measure	Urban Honolulu	HI Statewide
Overall Score	59.5 Challenging	37.0 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#244 of 331 metros	#1 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 Urban Honolulu

Administrative and Support Services 54.2 Professional, Scientific, and Technical Services 56.7 Retail Trade 60.1 Healthcare and Social Assistance 61.2 Construction 61.6 Information 62.5 Real Estate and Rental and Leasing 69.1 Accommodation and Food Services 70.3 Other Services 71.7

Finance and Insurance in Other Hawaii Metros

Kahului-Wailuku 37.8 #87/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Urban Honolulu's 59.5 score. Useful when comparing markets with comparable entry profiles.

Tucson, AZ 59.4 #243/331 Bloomington, IL 59.3 #242/331 Iowa City, IA 59.2 #241/331 Asheville, NC 59.2 #240/331 Barnstable Town, MA 59.8 #245/331 Des Moines-West Des Moines, IA 60.0 #246/331 St. Cloud, MN 58.9 #239/331 Springfield, MO 58.8 #238/331 Dubuque, IA 60.1 #247/331 Lafayette, LA 60.6 #248/331

Browse Finance and Insurance in Other States

State-level entry risk reports for finance and insurance across all 51 markets, sorted by rank.

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 Urban Honolulu's finance and insurance sector, the wage competitiveness component (72.5) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Urban Honolulu, HI MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment