NAICS 52

Finance and Insurance in Muncie, IN

Metro Market Score 25.1 (Favorable), ranked #20 of 331 metros. 152 establishments, 1,592 jobs.

Metro Market Score 25.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

📈Rapid Growth✓Favorable Market

Employment in Muncie's finance and insurance sector grew faster than most metros last year, pushing its growth trend index to 97.0. Combined with a 25.1 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration

79.2

LQ: 0.88

Rank #262 of 331 metros

Wage Competitiveness

2.1

$59,025 avg wage

Growth Trend

↑ 97.0

Employment growth index

Rank #11 of 331 metros

Wage Pressure

19.5

YoY wage change index

152 Finance and Insurance Firms in Muncie

152

Establishments

+4.8% YoY

1,592

Total Employment

+11.6% YoY

$59,025

Average Annual Wage

-4.1% YoY

0.88

Location Quotient

Below national avg

Within Indiana

#1 of 9

finance and insurance metros in state

Indiana state rank

#9 of 51

for finance and insurance entry risk

vs State Median

-5.7

better than median (30.9)

Muncie vs Indiana Statewide

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

Measure	Muncie	IN Statewide
Overall Score	25.1 Favorable	45.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#20 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 Muncie

Information 20.7 Construction 29.5 Accommodation and Food Services 37.9 Real Estate and Rental and Leasing 47.6 Professional, Scientific, and Technical Services 48.5 Healthcare and Social Assistance 53.8 Other Services 56.2 Retail Trade 56.8 Administrative and Support Services 58.4

Finance and Insurance in Other Indiana Metros

Elkhart-Goshen 26.5 #25/331 Michigan City-La Porte 29.6 #46/331 Columbus 30.6 #52/331 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 Muncie's 25.1 score. Useful when comparing markets with comparable entry profiles.

Elmira, NY 25.2 #21/331 Rocky Mount, NC 25.5 #22/331 Kankakee, IL 25.8 #23/331 Atlantic City-Hammonton, NJ 26.0 #24/331 Beckley, WV 24.2 #19/331 Battle Creek, MI 24.2 #18/331 Ames, IA 24.0 #16/331 Jacksonville, NC 24.0 #17/331 Gulfport-Biloxi, MS 23.9 #15/331 Elkhart-Goshen, IN 26.5 #25/331

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 Muncie's finance and insurance sector, the industry concentration component (79.2) 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 Muncie, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment