NAICS 52

Finance and Insurance in Joplin, MO

Metro Market Score 17.5 (Favorable), ranked #3 of 331 metros. 301 establishments, 1,685 jobs.

Metro Market Assessment

Metro Market Score 17.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

📈Rapid Growth✓Favorable Market🌱Emerging Market

Joplin ranks in the top 10% for finance and insurance market conditions, driven by above-average employment growth. With a market score of 17.5, conditions are relatively favorable compared to most metros.

Industry Concentration
26.0
LQ: 0.48
Rank #86 of 331 metros
Wage Competitiveness
4.8
$64,193 avg wage
Growth Trend
↑ 93.7
Employment growth index
Rank #22 of 331 metros
Wage Pressure
39.3
YoY wage change index

301 Finance and Insurance Firms in Joplin

301
Establishments
+6.7% YoY
1,685
Total Employment
+8.2% YoY
$64,193
Average Annual Wage
+3.6% YoY
0.48
Location Quotient
Below national avg

Joplin vs Missouri Statewide

How this metro's finance and insurance market compares to Missouri overall. The state ranks #43/51 for entry risk.

Measure Joplin MO Statewide
Overall Score 17.5 Favorable 57.7 High
Score Type Metro Market Score Entry Risk Score
Rank #3 of 331 metros #43 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 Joplin

Construction 29.0 Administrative and Support Services 32.4 Real Estate and Rental and Leasing 32.4 Other Services 32.5 Healthcare and Social Assistance 34.7 Retail Trade 37.4 Information 37.7

Finance and Insurance in Other Missouri Metros

Springfield 58.8 #238/331 Columbia 72.3 #304/331 St. Louis 74.2 #311/331

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 Joplin's finance and insurance sector, the wage pressure component (39.3) 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

Data period: 2024. Last updated: April 2026.