NAICS 52

Finance and Insurance in Kokomo, IN

Metro Market Score 44.3 (Moderate), ranked #143 of 331 metros. 135 establishments, 802 jobs.

Metro Market Score 44.3

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

At #143 of 331 metros, Kokomo's finance and insurance sector scores 44.3 on the market index. Concentration (41.1), wage levels (17.5), and growth (31.4) all track close to the median. Local factors like lease costs and client access will matter more than macro signals.

Industry Concentration

41.1

LQ: 0.55

Rank #136 of 331 metros

Wage Competitiveness

17.5

$73,279 avg wage

Growth Trend

↓ 31.4

Employment growth index

Rank #228 of 331 metros

Wage Pressure

45.2

YoY wage change index

135 Finance and Insurance Firms in Kokomo

135

Establishments

+3.8% YoY

802

Total Employment

-2.8% YoY

$73,279

Average Annual Wage

+5.9% YoY

0.55

Location Quotient

Below national avg

Within Indiana

#6 of 9

finance and insurance metros in state

Indiana state rank

#9 of 51

for finance and insurance entry risk

vs State Median

+13.4

worse than median (30.9)

Kokomo vs Indiana Statewide

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

Measure	Kokomo	IN Statewide
Overall Score	44.3 Moderate	45.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#143 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 Kokomo

Real Estate and Rental and Leasing 20.5 Information 27.0 Healthcare and Social Assistance 34.6 Professional, Scientific, and Technical Services 35.5 Administrative and Support Services 43.2 Retail Trade 48.8 Other Services 52.7 Construction 56.5 Accommodation and Food Services 61.9

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 Bloomington 30.9 #53/331 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 Kokomo's 44.3 score. Useful when comparing markets with comparable entry profiles.

Tyler, TX 44.2 #142/331 Bend, OR 44.4 #144/331 Augusta-Richmond County, GA 44.2 #141/331 Altoona, PA 44.1 #140/331 Eugene-Springfield, OR 44.1 #139/331 Toledo, OH 44.1 #137/331 Niles, MI 44.1 #138/331 Lewiston, ID 44.5 #145/331 Decatur, AL 44.6 #146/331 Riverside-San Bernardino-Ontario, CA 43.9 #136/331

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 Kokomo's finance and insurance sector, the employment growth component (68.6) 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 Kokomo, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment