NAICS 52

Finance and Insurance in Bloomington, IN

Metro Market Score 30.9 (Favorable), ranked #53 of 331 metros. 205 establishments, 1,463 jobs.

Metro Market Score 30.9

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

🌱Emerging Market

Bloomington ranks in the top quartile for finance and insurance market conditions, driven by above-average employment growth. With a market score of 30.9, conditions are relatively favorable compared to most metros.

Industry Concentration

29.9

LQ: 0.50

Rank #99 of 331 metros

Wage Competitiveness

16.3

$72,369 avg wage

Growth Trend

↑ 68.9

Employment growth index

Rank #104 of 331 metros

Wage Pressure

49.9

YoY wage change index

205 Finance and Insurance Firms in Bloomington

205

Establishments

-1.9% YoY

1,463

Total Employment

+0.8% YoY

$72,369

Average Annual Wage

+7.7% YoY

0.50

Location Quotient

Below national avg

Within Indiana

#5 of 9

finance and insurance metros in state

Indiana state rank

#9 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (30.9)

Bloomington vs Indiana Statewide

How this metro's finance and insurance market compares to Indiana overall. The state ranks #9/51 for entry risk.

Measure	Bloomington	IN Statewide
Overall Score	30.9 Favorable	45.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#53 of 331 metros	#9 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 Bloomington

Construction 37.2 Retail Trade 39.6 Professional, Scientific, and Technical Services 46.5 Healthcare and Social Assistance 46.9 Accommodation and Food Services 59.9

Finance and Insurance in Other Indiana Metros

Muncie 25.1 #20/331 Elkhart-Goshen 26.5 #25/331 Michigan City-La Porte 29.6 #46/331 Columbus 30.6 #52/331 Kokomo 44.3 #143/331 South Bend-Mishawaka 47.5 #156/331 Fort Wayne 61.4 #254/331 Evansville 67.2 #278/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Bloomington's 30.9 score. Useful when comparing markets with comparable entry profiles.

Victoria, TX 30.9 #54/331 Albany, GA 31.0 #55/331 Columbus, IN 30.6 #52/331 Lima, OH 31.2 #56/331 Bangor, ME 30.3 #51/331 Bay City, MI 31.5 #57/331 Kingsport-Bristol, TN 30.0 #50/331 Longview, TX 29.9 #49/331 Longview-Kelso, WA 31.9 #58/331 Janesville-Beloit, WI 32.0 #59/331

Finance and Insurance in States Bordering Indiana

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

Kentucky 40.0 #3/51 Illinois 46.2 #10/51 Ohio 48.2 #14/51 Michigan 49.8 #23/51

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 Bloomington's finance and insurance sector, the wage pressure component (49.9) 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 Bloomington, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment