NAICS 52

Finance and Insurance in Wichita, KS

Metro Market Score 38.1 (Moderate), ranked #91 of 331 metros. 1,078 establishments, 8,481 jobs.

Metro Market Score 38.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

📈Rapid Growth

Employment in Wichita's finance and insurance sector grew faster than most metros last year, pushing its growth trend index to 79.2. Combined with a 38.1 market score, this metro sits in the upper half for overall conditions.

Industry Concentration

63.1

LQ: 0.69

Rank #209 of 331 metros

Wage Competitiveness

30.5

$80,094 avg wage

Growth Trend

↑ 79.2

Employment growth index

Rank #70 of 331 metros

Wage Pressure

42.4

YoY wage change index

1,078 Finance and Insurance Firms in Wichita

1,078

Establishments

+1.6% YoY

8,481

Total Employment

+1.9% YoY

$80,094

Average Annual Wage

+4.8% YoY

0.69

Location Quotient

Below national avg

Within Kansas

#3 of 3

finance and insurance metros in state

Kansas state rank

#42 of 51

for finance and insurance entry risk

vs State Median

+4.3

worse than median (33.9)

Wichita vs Kansas Statewide

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

Measure	Wichita	KS Statewide
Overall Score	38.1 Moderate	57.0 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#91 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 Wichita

Information 39.3 Other Services 46.8 Retail Trade 48.5 Real Estate and Rental and Leasing 52.5 Construction 54.2 Professional, Scientific, and Technical Services 54.7

Finance and Insurance in Other Kansas Metros

Lawrence 29.0 #40/331 Manhattan 33.9 #68/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Wichita's 38.1 score. Useful when comparing markets with comparable entry profiles.

Grand Forks, ND 38.1 #90/331 Hattiesburg, MS 37.8 #89/331 Racine-Mount Pleasant, WI 38.5 #92/331 Corpus Christi, TX 38.5 #93/331 Amherst Town-Northampton, MA 37.8 #88/331 Kahului-Wailuku, HI 37.8 #87/331 College Station-Bryan, TX 37.7 #86/331 Gainesville, FL 38.7 #94/331 Yakima, WA 38.7 #95/331 Houma-Bayou Cane-Thibodaux, LA 37.5 #85/331

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.

Nebraska 49.4 #20/51 Missouri 57.7 #43/51 Oklahoma 64.9 #48/51 Colorado 67.3 #50/51

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 Wichita's finance and insurance sector, the industry concentration component (63.1) 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 Wichita, KS MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment