NAICS 52

Finance and Insurance in Boise City, ID

Metro Market Score 65.4 (Difficult), ranked #271 of 331 metros. 2,104 establishments, 14,334 jobs.

Metro Market Assessment

Metro Market Score 65.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

Boise City stands out for high finance and insurance labor costs. Wage competitiveness hits 71.6 (above the 70th percentile of metros), and year-over-year wage pressure at 57.1 signals continued increases. Plan for higher payroll if entering this market.

Industry Concentration
80.4
LQ: 0.91
Rank #266 of 331 metros
Wage Competitiveness
71.6
$101,649 avg wage
Growth Trend
46.8
Employment growth index
Rank #177 of 331 metros
Wage Pressure
57.1
YoY wage change index

2,104 Finance and Insurance Firms in Boise City

2,104
Establishments
+10.7% YoY
14,334
Total Employment
-1.0% YoY
$101,649
Average Annual Wage
+10.5% YoY
0.91
Location Quotient
Below national avg

Boise City vs Idaho Statewide

How this metro's finance and insurance market compares to Idaho overall. The state ranks #39/51 for entry risk.

Measure Boise City ID Statewide
Overall Score 65.4 Difficult 56.2 High
Score Type Metro Market Score Entry Risk Score
Rank #271 of 331 metros #39 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 Boise City

Finance and Insurance in Other Idaho 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 Boise City's finance and insurance sector, the industry concentration component (80.4) 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.