NAICS 52

Finance and Insurance in Shreveport-Bossier City, LA

Metro Market Score 53.7 (Challenging), ranked #206 of 331 metros. 786 establishments, 3,611 jobs.

Metro Market Score 53.7

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

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

Shreveport-Bossier City's finance and insurance sector saw employment decline over the past year (growth trend: 9.4). That contraction, combined with a 53.7 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

41.7

LQ: 0.55

Rank #138 of 331 metros

Wage Competitiveness

25.4

$78,095 avg wage

Growth Trend

↓ 9.4

Employment growth index

Rank #301 of 331 metros

Wage Pressure

48.6

YoY wage change index

786 Finance and Insurance Firms in Shreveport-Bossier City

786

Establishments

-6.7% YoY

3,611

Total Employment

-6.8% YoY

$78,095

Average Annual Wage

+7.2% YoY

0.55

Location Quotient

Below national avg

Within Louisiana

#5 of 7

finance and insurance metros in state

Louisiana state rank

#6 of 51

for finance and insurance entry risk

vs State Median

+0.4

worse than median (53.3)

Shreveport-Bossier City vs Louisiana Statewide

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

Measure	Shreveport-Bossier City	LA Statewide
Overall Score	53.7 Challenging	42.0 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#206 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 Shreveport-Bossier City

Construction 52.0 Professional, Scientific, and Technical Services 52.9 Administrative and Support Services 55.6 Real Estate and Rental and Leasing 59.5 Retail Trade 67.0 Accommodation and Food Services 70.0

Finance and Insurance in Other Louisiana Metros

Monroe 32.0 #60/331 Hammond 32.2 #62/331 Houma-Bayou Cane-Thibodaux 37.5 #85/331 Slidell-Mandeville-Covington 53.3 #202/331 Lafayette 60.6 #248/331 New Orleans-Metairie 76.3 #321/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Shreveport-Bossier City's 53.7 score. Useful when comparing markets with comparable entry profiles.

Grand Junction, CO 53.6 #205/331 Hilton Head Island-Bluffton-Port Royal, SC 53.4 #204/331 Fort Collins-Loveland, CO 53.9 #207/331 Waterbury-Shelton, CT 54.0 #208/331 Scranton--Wilkes-Barre, PA 53.3 #203/331 Slidell-Mandeville-Covington, LA 53.3 #202/331 Knoxville, TN 54.1 #209/331 Champaign-Urbana, IL 54.1 #210/331 Chattanooga, TN 53.3 #201/331 Saginaw, MI 53.3 #200/331

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 Shreveport-Bossier City's finance and insurance sector, the employment growth component (90.6) 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 Shreveport-Bossier City, LA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment