NAICS 52

Finance and Insurance in Bozeman, MT

Metro Market Score 54.4 (Challenging), ranked #213 of 331 metros. 414 establishments, 1,932 jobs.

Metro Market Score 54.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

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

💰High-Cost Market

Bozeman pairs above-average finance and insurance concentration (57.7) with positive employment growth (trend: 54.7). The market is competitive but still expanding, leaving room for well-positioned new entrants.

Industry Concentration

57.7

LQ: 0.65

Rank #191 of 331 metros

Wage Competitiveness

81.3

$108,807 avg wage

Growth Trend

54.7

Employment growth index

Rank #151 of 331 metros

Wage Pressure

30.1

YoY wage change index

414 Finance and Insurance Firms in Bozeman

414

Establishments

+100.0% YoY

1,932

Total Employment

+0.0% YoY

$108,807

Average Annual Wage

+0.0% YoY

0.65

Location Quotient

Below national avg

Within Montana

#2 of 3

finance and insurance metros in state

Montana state rank

#45 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (54.4)

Bozeman vs Montana Statewide

How this metro's finance and insurance market compares to Montana overall. The state ranks #45/51 for entry risk.

Measure	Bozeman	MT Statewide
Overall Score	54.4 Challenging	59.0 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#213 of 331 metros	#45 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 Bozeman

Healthcare and Social Assistance 47.9 Information 49.5 Administrative and Support Services 52.0 Real Estate and Rental and Leasing 65.3 Construction 69.9 Retail Trade 70.0 Professional, Scientific, and Technical Services 70.1 Other Services 74.2 Accommodation and Food Services 77.8

Finance and Insurance in Other Montana Metros

Great Falls 49.9 #173/331 Billings 55.0 #219/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Bozeman's 54.4 score. Useful when comparing markets with comparable entry profiles.

Lancaster, PA 54.3 #212/331 North Port-Bradenton-Sarasota, FL 54.4 #214/331 San Jose-Sunnyvale-Santa Clara, CA 54.3 #211/331 Hagerstown-Martinsburg, MD 54.5 #215/331 Detroit-Warren-Dearborn, MI 54.5 #216/331 Champaign-Urbana, IL 54.1 #210/331 Knoxville, TN 54.1 #209/331 Waterbury-Shelton, CT 54.0 #208/331 Fort Collins-Loveland, CO 53.9 #207/331 Pittsburgh, PA 54.9 #217/331

Finance and Insurance in States Bordering Montana

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

South Dakota 50.1 #24/51 North Dakota 52.1 #28/51 Idaho 56.2 #39/51 Wyoming 62.0 #47/51

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 Bozeman's finance and insurance sector, the wage competitiveness component (81.3) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Bozeman, MT MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment