NAICS 52

Finance and Insurance in St. Louis, MO

Metro Market Score 74.2 (Difficult), ranked #311 of 331 metros. 4,679 establishments, 60,919 jobs.

Metro Market Assessment

Metro Market Score 74.2
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

💰High-Cost Market

Market conditions for finance and insurance in St. Louis are tougher than average. The 74.2 market score reflects a combination of high labor costs, slowing employment, and an already crowded field. Rank: #311 of 331 metros.

Industry Concentration
90.6
LQ: 1.13
Rank #300 of 331 metros
Wage Competitiveness
84.3
$112,896 avg wage
Growth Trend
28.7
Employment growth index
Rank #237 of 331 metros
Wage Pressure
45.5
YoY wage change index

4,679 Finance and Insurance Firms in St. Louis

4,679
Establishments
-3.0% YoY
60,919
Total Employment
-3.1% YoY
$112,896
Average Annual Wage
+6.0% YoY
1.13
Location Quotient
Above national avg

St. Louis vs Missouri Statewide

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

Measure St. Louis MO Statewide
Overall Score 74.2 Difficult 57.7 High
Score Type Metro Market Score Entry Risk Score
Rank #311 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 St. Louis

Finance and Insurance in Other Missouri Metros

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 St. Louis's finance and insurance sector, the industry concentration 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

Data period: 2024. Last updated: April 2026.