NAICS 52

Finance and Insurance in Lawrence, KS

Metro Market Score 29.0 (Favorable), ranked #40 of 331 metros. 206 establishments, 1,099 jobs.

Metro Market Assessment

Metro Market Score 29.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

📈Rapid GrowthFavorable Market

Employment in Lawrence's finance and insurance sector grew faster than most metros last year, pushing its growth trend index to 93.3. Combined with a 29.0 market score, this metro sits in the top quartile for overall conditions.

Industry Concentration
38.1
LQ: 0.53
Rank #126 of 331 metros
Wage Competitiveness
29.9
$79,898 avg wage
Growth Trend
93.3
Employment growth index
Rank #23 of 331 metros
Wage Pressure
49.9
YoY wage change index

206 Finance and Insurance Firms in Lawrence

206
Establishments
+1.5% YoY
1,099
Total Employment
+7.5% YoY
$79,898
Average Annual Wage
+7.7% YoY
0.53
Location Quotient
Below national avg
Within Kansas
#1 of 3
finance and insurance metros in state
Kansas state rank
#42 of 51
for finance and insurance entry risk
vs State Median
-4.9
better than median (33.9)

Lawrence vs Kansas Statewide

How this metro's finance and insurance market compares to Kansas overall. The state ranks #42/51 for entry risk.

Measure Lawrence KS Statewide
Overall Score 29.0 Favorable 57.0 High
Score Type Metro Market Score Entry Risk Score
Rank #40 of 331 metros #42 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 Lawrence

Finance and Insurance in Other Kansas Metros

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Lawrence's 29.0 score. Useful when comparing markets with comparable entry profiles.

Finance and Insurance in States Bordering Kansas

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

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 Lawrence'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

Data period: 2024. Last updated: April 2026.