NAICS 52

Finance and Insurance in Sioux City, IA

Metro Market Score 49.1 (Challenging), ranked #164 of 331 metros. 291 establishments, 2,845 jobs.

Metro Market Assessment

Metro Market Score 49.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Despite a mature finance and insurance presence (concentration: 84.0), Sioux City is still adding jobs in this sector. Growth trend sits at 59.2, and the overall 49.1 market score lands in the upper half. Established markets with growth are worth a closer look.

Industry Concentration
84.0
LQ: 0.94
Rank #278 of 331 metros
Wage Competitiveness
39.3
$84,354 avg wage
Growth Trend
↑ 59.2
Employment growth index
Rank #136 of 331 metros
Wage Pressure
30.1
YoY wage change index

291 Finance and Insurance Firms in Sioux City

291
Establishments
-17.6% YoY
2,845
Total Employment
+0.0% YoY
$84,354
Average Annual Wage
+0.0% YoY
0.94
Location Quotient
Below national avg

Sioux City vs Iowa Statewide

How this metro's finance and insurance market compares to Iowa overall. The state ranks #35/51 for entry risk.

Measure Sioux City IA Statewide
Overall Score 49.1 Challenging 54.3 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #164 of 331 metros #35 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 Sioux City

Real Estate and Rental and Leasing 29.5 Accommodation and Food Services 42.9 Other Services 50.5 Information 51.0 Healthcare and Social Assistance 56.0 Retail Trade 60.7 Administrative and Support Services 62.2 Construction 63.4

Finance and Insurance in Other Iowa Metros

Ames 24.0 #16/331 Davenport-Moline-Rock Island 52.8 #195/331 Iowa City 59.2 #241/331 Des Moines-West Des Moines 60.0 #246/331 Dubuque 60.1 #247/331 Cedar Rapids 75.8 #319/331

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 Sioux City's finance and insurance sector, the industry concentration component (84.0) 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

Data period: 2024. Last updated: April 2026.