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 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

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

Within Illinois

#4 of 6

finance and insurance metros in state

Illinois state rank

#10 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (56.0)

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

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Decatur's 56.0 score. Useful when comparing markets with comparable entry profiles.

Las Vegas-Henderson-North Las Vegas, NV 55.8 #225/331 Santa Fe, NM 56.3 #227/331 Wheeling, WV 55.5 #224/331 Glens Falls, NY 55.4 #223/331 Johnstown, PA 55.3 #222/331 San Luis Obispo-Paso Robles, CA 55.3 #221/331 Sheboygan, WI 56.7 #228/331 Springfield, OH 56.8 #229/331 Flint, MI 55.1 #220/331 Billings, MT 55.0 #219/331

Finance and Insurance in States Bordering Illinois

State-level entry risk for finance and insurance in adjacent states. Use this to weigh cross-border options.

Kentucky 40.0 #3/51 Wisconsin 45.3 #8/51 Indiana 45.4 #9/51 Iowa 54.3 #35/51 Missouri 57.7 #43/51

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 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

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

Data period: 2024. Last updated: April 2026.

Metro Market Assessment