NAICS 52

Finance and Insurance in Monroe, LA

Metro Market Score 32.0 (Favorable), ranked #60 of 331 metros. 438 establishments, 3,081 jobs.

Metro Market Score 32.0

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

📈Rapid Growth

Monroe ranks in the top quartile for finance and insurance market conditions, driven by above-average employment growth. With a market score of 32.0, conditions are relatively favorable compared to most metros.

Industry Concentration

78.3

LQ: 0.87

Rank #259 of 331 metros

Wage Competitiveness

16.0

$72,147 avg wage

Growth Trend

↑ 97.9

Employment growth index

Rank #8 of 331 metros

Wage Pressure

38.8

YoY wage change index

438 Finance and Insurance Firms in Monroe

438

Establishments

+23.0% YoY

3,081

Total Employment

+12.9% YoY

$72,147

Average Annual Wage

+3.4% YoY

0.87

Location Quotient

Below national avg

Within Louisiana

#1 of 7

finance and insurance metros in state

Louisiana state rank

#6 of 51

for finance and insurance entry risk

vs State Median

-21.3

better than median (53.3)

Monroe vs Louisiana Statewide

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

Measure	Monroe	LA Statewide
Overall Score	32.0 Favorable	42.0 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#60 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 Monroe

Real Estate and Rental and Leasing 20.5 Construction 26.3 Other Services 33.9 Retail Trade 34.0 Information 60.0

Finance and Insurance in Other Louisiana Metros

Hammond 32.2 #62/331 Houma-Bayou Cane-Thibodaux 37.5 #85/331 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 Monroe's 32.0 score. Useful when comparing markets with comparable entry profiles.

Janesville-Beloit, WI 32.0 #59/331 Longview-Kelso, WA 31.9 #58/331 Cleveland, TN 32.1 #61/331 Hammond, LA 32.2 #62/331 Bay City, MI 31.5 #57/331 Lima, OH 31.2 #56/331 Redding, CA 32.8 #63/331 Albany, GA 31.0 #55/331 Victoria, TX 30.9 #54/331 Bloomington, IN 30.9 #53/331

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 Monroe's finance and insurance sector, the industry concentration component (78.3) 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 Monroe, LA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment