NAICS 52

Finance and Insurance in Decatur, IL

Metro Market Score 56.0 (Challenging), ranked #226 of 331 metros. 98 establishments, 1,359 jobs.

Metro Market Assessment

Metro Market Score 56.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Decatur scores 56.0 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
69.2
LQ: 0.74
Rank #229 of 331 metros
Wage Competitiveness
42.0
$85,339 avg wage
Growth Trend
↓ 36.3
Employment growth index
Rank #212 of 331 metros
Wage Pressure
45.2
YoY wage change index

98 Finance and Insurance Firms in Decatur

98
Establishments
-3.0% YoY
1,359
Total Employment
-2.2% YoY
$85,339
Average Annual Wage
+5.9% YoY
0.74
Location Quotient
Below national avg

Decatur vs Illinois Statewide

How this metro's finance and insurance market compares to Illinois overall. The state ranks #10/51 for entry risk.

Measure Decatur IL Statewide
Overall Score 56.0 Challenging 46.2 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #226 of 331 metros #10 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 Decatur

Information 14.3 Real Estate and Rental and Leasing 24.3 Retail Trade 43.1 Administrative and Support Services 46.1 Professional, Scientific, and Technical Services 49.0 Construction 50.0 Accommodation and Food Services 55.7 Healthcare and Social Assistance 56.0 Other Services 63.3

Finance and Insurance in Other Illinois Metros

Kankakee 25.8 #23/331 Rockford 53.0 #198/331 Champaign-Urbana 54.1 #210/331 Bloomington 59.3 #242/331 Chicago-Naperville-Elgin 72.3 #305/331

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 Decatur's finance and insurance sector, the employment growth component (63.8) 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.