NAICS 52

Finance and Insurance in Elizabethtown, KY

Metro Market Score 48.6 (Challenging), ranked #160 of 331 metros. 187 establishments, 1,316 jobs.

Metro Market Score 48.6

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

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

Finance and Insurance wages in Elizabethtown run well below the metro average (competitiveness index: 3.6), and year-over-year wage pressure is low at 24.4. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration

53.5

LQ: 0.63

Rank #177 of 331 metros

Wage Competitiveness

3.6

$63,493 avg wage

Growth Trend

↓ 1.8

Employment growth index

Rank #326 of 331 metros

Wage Pressure

24.4

YoY wage change index

187 Finance and Insurance Firms in Elizabethtown

187

Establishments

-8.3% YoY

1,316

Total Employment

-21.1% YoY

$63,493

Average Annual Wage

-2.2% YoY

0.63

Location Quotient

Below national avg

Within Kentucky

#2 of 3

finance and insurance metros in state

Kentucky state rank

#3 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (48.6)

Elizabethtown vs Kentucky Statewide

How this metro's finance and insurance market compares to Kentucky overall. The state ranks #3/51 for entry risk.

Measure	Elizabethtown	KY Statewide
Overall Score	48.6 Challenging	40.0 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#160 of 331 metros	#3 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 Elizabethtown

Information 42.0 Administrative and Support Services 43.1 Other Services 50.7 Real Estate and Rental and Leasing 52.0 Retail Trade 64.0 Accommodation and Food Services 72.6 Construction 75.7

Finance and Insurance in Other Kentucky Metros

Lexington-Fayette 45.0 #147/331 Louisville-Jefferson County 68.2 #284/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Elizabethtown's 48.6 score. Useful when comparing markets with comparable entry profiles.

Dayton-Kettering-Beavercreek, OH 48.7 #161/331 Winchester, VA 48.8 #162/331 Dothan, AL 48.5 #159/331 Youngstown-Warren, OH 48.9 #163/331 Sioux City, IA 49.1 #164/331 Chambersburg, PA 49.2 #165/331 Tallahassee, FL 49.3 #166/331 Bremerton-Silverdale-Port Orchard, WA 49.4 #167/331 Stockton-Lodi, CA 49.4 #168/331 Grand Rapids-Wyoming-Kentwood, MI 47.8 #158/331

Finance and Insurance in States Bordering Kentucky

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

West Virginia 39.8 #2/51 Indiana 45.4 #9/51 Illinois 46.2 #10/51 Ohio 48.2 #14/51 Virginia 50.8 #26/51 Tennessee 53.4 #33/51 Missouri 57.7 #43/51

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 Elizabethtown's finance and insurance sector, the employment growth component (98.2) 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 Elizabethtown, KY MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment