NAICS 52

Finance and Insurance in Columbus, IN

Metro Market Score 30.6 (Favorable), ranked #52 of 331 metros. 147 establishments, 1,024 jobs.

Metro Market Score 30.6

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

📈Rapid Growth

Columbus ranks in the top quartile for finance and insurance market conditions, driven by above-average employment growth. With a market score of 30.6, conditions are relatively favorable compared to most metros.

Industry Concentration

30.5

LQ: 0.50

Rank #101 of 331 metros

Wage Competitiveness

43.8

$86,254 avg wage

Growth Trend

↑ 88.5

Employment growth index

Rank #39 of 331 metros

Wage Pressure

42.9

YoY wage change index

147 Finance and Insurance Firms in Columbus

147

Establishments

+3.5% YoY

1,024

Total Employment

+4.7% YoY

$86,254

Average Annual Wage

+5.0% YoY

0.50

Location Quotient

Below national avg

Within Indiana

#4 of 9

finance and insurance metros in state

Indiana state rank

#9 of 51

for finance and insurance entry risk

vs State Median

-0.3

better than median (30.9)

Columbus vs Indiana Statewide

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

Measure	Columbus	IN Statewide
Overall Score	30.6 Favorable	45.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#52 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 Columbus

Real Estate and Rental and Leasing 12.6 Other Services 24.5 Retail Trade 24.9 Information 25.2 Healthcare and Social Assistance 32.0 Construction 40.4 Professional, Scientific, and Technical Services 53.0 Accommodation and Food Services 53.8 Administrative and Support Services 58.0

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 Bloomington 30.9 #53/331 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 Columbus's 30.6 score. Useful when comparing markets with comparable entry profiles.

Bloomington, IN 30.9 #53/331 Victoria, TX 30.9 #54/331 Bangor, ME 30.3 #51/331 Albany, GA 31.0 #55/331 Lima, OH 31.2 #56/331 Kingsport-Bristol, TN 30.0 #50/331 Longview, TX 29.9 #49/331 Gettysburg, PA 29.7 #48/331 Bay City, MI 31.5 #57/331 Hinesville, GA 29.7 #47/331

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 Columbus's finance and insurance sector, the wage competitiveness component (43.8) 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 Columbus, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment