NAICS 52

Finance and Insurance in Lewiston-Auburn, ME

Metro Market Score 62.8 (Difficult), ranked #261 of 331 metros. 143 establishments, 1,454 jobs.

Metro Market Score 62.8

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

Lewiston-Auburn's finance and insurance sector saw employment decline over the past year (growth trend: 13.6). That contraction, combined with a 62.8 market score, puts this metro in the bottom quartile for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

69.8

LQ: 0.74

Rank #231 of 331 metros

Wage Competitiveness

35.4

$82,545 avg wage

Growth Trend

↓ 13.6

Employment growth index

Rank #287 of 331 metros

Wage Pressure

52.7

YoY wage change index

143 Finance and Insurance Firms in Lewiston-Auburn

143

Establishments

+5.9% YoY

1,454

Total Employment

-5.4% YoY

$82,545

Average Annual Wage

+8.8% YoY

0.74

Location Quotient

Below national avg

Within Maine

#2 of 2

finance and insurance metros in state

Maine state rank

#5 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (62.8)

Lewiston-Auburn vs Maine Statewide

How this metro's finance and insurance market compares to Maine overall. The state ranks #5/51 for entry risk.

Measure	Lewiston-Auburn	ME Statewide
Overall Score	62.8 Difficult	42.0 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#261 of 331 metros	#5 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 Lewiston-Auburn

Real Estate and Rental and Leasing 29.9 Other Services 42.9 Healthcare and Social Assistance 49.3 Accommodation and Food Services 52.8 Retail Trade 53.3 Administrative and Support Services 54.5 Professional, Scientific, and Technical Services 68.0

Finance and Insurance in Other Maine Metros

Bangor 30.3 #51/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Lewiston-Auburn's 62.8 score. Useful when comparing markets with comparable entry profiles.

Little Rock-North Little Rock-Conway, AR 62.8 #262/331 Grand Island, NE 62.9 #263/331 Ithaca, NY 62.4 #260/331 Charlotte-Concord-Gastonia, NC 63.5 #264/331 Cleveland, OH 63.5 #265/331 Durham-Chapel Hill, NC 62.0 #259/331 Lincoln, NE 62.0 #258/331 Anchorage, AK 61.9 #257/331 Salt Lake City-Murray, UT 61.8 #256/331 Bellingham, WA 61.5 #255/331

Finance and Insurance in States Bordering Maine

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

New Hampshire 49.8 #22/51

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 Lewiston-Auburn's finance and insurance sector, the employment growth component (86.4) 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 Lewiston-Auburn, ME MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment