NAICS 52

Finance and Insurance in Amherst Town-Northampton, MA

Metro Market Score 37.8 (Moderate), ranked #88 of 331 metros. 139 establishments, 1,066 jobs.

Metro Market Score 37.8

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

Few finance and insurance firms have established themselves in Amherst Town-Northampton yet. The concentration index of 12.7 is well below the metro median, while employment growth is positive (trend: 53.8). That combination points to a market still building out.

Industry Concentration

12.7

LQ: 0.40

Rank #42 of 331 metros

Wage Competitiveness

58.9

$92,334 avg wage

Growth Trend

53.8

Employment growth index

Rank #154 of 331 metros

Wage Pressure

30.1

YoY wage change index

139 Finance and Insurance Firms in Amherst Town-Northampton

139

Establishments

+100.0% YoY

1,066

Total Employment

+0.0% YoY

$92,334

Average Annual Wage

+0.0% YoY

0.40

Location Quotient

Below national avg

Within Massachusetts

#1 of 6

finance and insurance metros in state

Massachusetts state rank

#15 of 51

for finance and insurance entry risk

vs State Median

-39.9

better than median (77.7)

Amherst Town-Northampton vs Massachusetts Statewide

How this metro's finance and insurance market compares to Massachusetts overall. The state ranks #15/51 for entry risk.

Measure	Amherst Town-Northampton	MA Statewide
Overall Score	37.8 Moderate	48.2 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#88 of 331 metros	#15 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 Amherst Town-Northampton

Real Estate and Rental and Leasing 35.1 Information 43.3 Construction 44.4 Administrative and Support Services 45.8 Professional, Scientific, and Technical Services 48.1 Healthcare and Social Assistance 49.1 Retail Trade 50.5 Accommodation and Food Services 53.6 Other Services 66.3

Finance and Insurance in Other Massachusetts Metros

Barnstable Town 59.8 #245/331 Pittsfield 70.7 #299/331 Worcester 77.7 #323/331 Boston-Cambridge-Newton 79.1 #328/331 Springfield 82.0 #330/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Amherst Town-Northampton's 37.8 score. Useful when comparing markets with comparable entry profiles.

Kahului-Wailuku, HI 37.8 #87/331 Hattiesburg, MS 37.8 #89/331 College Station-Bryan, TX 37.7 #86/331 Houma-Bayou Cane-Thibodaux, LA 37.5 #85/331 Grand Forks, ND 38.1 #90/331 Wichita, KS 38.1 #91/331 Albany, OR 37.1 #84/331 Racine-Mount Pleasant, WI 38.5 #92/331 Staunton-Stuarts Draft, VA 37.1 #83/331 Corpus Christi, TX 38.5 #93/331

Finance and Insurance in States Bordering Massachusetts

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

Rhode Island 41.9 #4/51 New Hampshire 49.8 #22/51 Vermont 53.6 #34/51 New York 65.4 #49/51 Connecticut 73.7 #51/51

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 Amherst Town-Northampton's finance and insurance sector, the wage competitiveness component (58.9) 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 Amherst Town-Northampton, MA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment