NAICS 52

Finance and Insurance in Houma-Bayou Cane-Thibodaux, LA

Metro Market Score 37.5 (Moderate), ranked #85 of 331 metros. 336 establishments, 1,598 jobs.

Metro Market Score 37.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

Labor costs are a clear advantage in Houma-Bayou Cane-Thibodaux's finance and insurance sector. The wage competitiveness index of 13.9 puts it among the lowest-cost metros, and wage pressure at 44.5 suggests that gap is holding steady.

Industry Concentration

25.7

LQ: 0.48

Rank #85 of 331 metros

Wage Competitiveness

13.9

$70,696 avg wage

Growth Trend

↓ 37.5

Employment growth index

Rank #208 of 331 metros

Wage Pressure

44.5

YoY wage change index

336 Finance and Insurance Firms in Houma-Bayou Cane-Thibodaux

336

Establishments

+0.6% YoY

1,598

Total Employment

-2.0% YoY

$70,696

Average Annual Wage

+5.6% YoY

0.48

Location Quotient

Below national avg

Within Louisiana

#3 of 7

finance and insurance metros in state

Louisiana state rank

#6 of 51

for finance and insurance entry risk

vs State Median

-15.7

better than median (53.3)

Houma-Bayou Cane-Thibodaux vs Louisiana Statewide

How this metro's finance and insurance market compares to Louisiana overall. The state ranks #6/51 for entry risk.

Measure	Houma-Bayou Cane-Thibodaux	LA Statewide
Overall Score	37.5 Moderate	42.0 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#85 of 331 metros	#6 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 Houma-Bayou Cane-Thibodaux

Information 28.2 Professional, Scientific, and Technical Services 35.7 Other Services 37.2 Accommodation and Food Services 37.4 Administrative and Support Services 41.2 Healthcare and Social Assistance 41.8 Retail Trade 56.7 Construction 58.3 Real Estate and Rental and Leasing 73.0

Finance and Insurance in Other Louisiana Metros

Monroe 32.0 #60/331 Hammond 32.2 #62/331 Slidell-Mandeville-Covington 53.3 #202/331 Shreveport-Bossier City 53.7 #206/331 Lafayette 60.6 #248/331 New Orleans-Metairie 76.3 #321/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Houma-Bayou Cane-Thibodaux's 37.5 score. Useful when comparing markets with comparable entry profiles.

College Station-Bryan, TX 37.7 #86/331 Kahului-Wailuku, HI 37.8 #87/331 Amherst Town-Northampton, MA 37.8 #88/331 Hattiesburg, MS 37.8 #89/331 Albany, OR 37.1 #84/331 Staunton-Stuarts Draft, VA 37.1 #83/331 Grand Forks, ND 38.1 #90/331 Wichita, KS 38.1 #91/331 Yuma, AZ 36.9 #82/331 Lexington Park, MD 36.7 #81/331

Finance and Insurance in States Bordering Louisiana

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

Arkansas 44.7 #7/51 Texas 50.4 #25/51 Mississippi 54.5 #36/51

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 Houma-Bayou Cane-Thibodaux's finance and insurance sector, the employment growth component (62.5) 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 Houma-Bayou Cane-Thibodaux, LA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment