NAICS 52

Finance and Insurance in Trenton-Princeton, NJ

Metro Market Score 74.4 (Difficult), ranked #314 of 331 metros. 546 establishments, 14,692 jobs.

Metro Market Score 74.4

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 Trenton-Princeton are tougher than average. The 74.4 market score reflects a combination of high labor costs, slowing employment, and an already crowded field. Rank: #314 of 331 metros.

Industry Concentration

94.9

LQ: 1.37

Rank #314 of 331 metros

Wage Competitiveness

96.4

$155,381 avg wage

Growth Trend

↓ 38.7

Employment growth index

Rank #204 of 331 metros

Wage Pressure

41.1

YoY wage change index

546 Finance and Insurance Firms in Trenton-Princeton

546

Establishments

-3.0% YoY

14,692

Total Employment

-1.9% YoY

$155,381

Average Annual Wage

+4.3% YoY

1.37

Location Quotient

Above national avg

Within New Jersey

#2 of 2

finance and insurance metros in state

New Jersey state rank

#32 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (74.4)

Trenton-Princeton vs New Jersey Statewide

How this metro's finance and insurance market compares to New Jersey overall. The state ranks #32/51 for entry risk.

Measure	Trenton-Princeton	NJ Statewide
Overall Score	74.4 Difficult	53.2 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#314 of 331 metros	#32 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 Trenton-Princeton

Retail Trade 42.0 Administrative and Support Services 42.0 Healthcare and Social Assistance 44.7 Accommodation and Food Services 46.1 Construction 55.1 Real Estate and Rental and Leasing 59.5 Professional, Scientific, and Technical Services 62.8 Other Services 66.4 Information 75.7

Finance and Insurance in Other New Jersey Metros

Atlantic City-Hammonton 26.0 #24/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Trenton-Princeton's 74.4 score. Useful when comparing markets with comparable entry profiles.

Buffalo-Cheektowaga, NY 74.4 #313/331 Milwaukee-Waukesha, WI 74.4 #312/331 New Haven, CT 74.6 #315/331 St. Louis, MO 74.2 #311/331 Spokane-Spokane Valley, WA 74.8 #316/331 San Francisco-Oakland-Fremont, CA 75.3 #317/331 Houston-Pasadena-The Woodlands, TX 75.3 #318/331 Cedar Rapids, IA 75.8 #319/331 Madison, WI 72.8 #310/331 Baltimore-Columbia-Towson, MD 72.8 #309/331

Finance and Insurance in States Bordering New Jersey

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

Pennsylvania 48.8 #19/51 Delaware 57.7 #44/51 New York 65.4 #49/51

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 Trenton-Princeton's finance and insurance sector, the wage competitiveness component (96.4) 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 Trenton-Princeton, NJ MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment