Finance and Insurance in Buffalo-Cheektowaga, NY
Metro Market Score 74.4 (Difficult), ranked #313 of 331 metros. 1,347 establishments, 24,524 jobs.
Metro Market Assessment
Lower is better. Relative to national finance and insurance average.
Buffalo-Cheektowaga's finance and insurance sector saw employment decline over the past year (growth trend: 15.4). That contraction, combined with a 74.4 market score, puts this metro in the bottom 10% for market conditions. Understand why the local market is shrinking before committing.
1,347 Finance and Insurance Firms in Buffalo-Cheektowaga
Buffalo-Cheektowaga vs New York Statewide
How this metro's finance and insurance market compares to New York overall. The state ranks #49/51 for entry risk.
| Measure | Buffalo-Cheektowaga | NY Statewide |
|---|---|---|
| Overall Score | 74.4 Difficult | 65.4 High |
| Score Type | Metro Market Score | Entry Risk Score |
| Rank | #313 of 331 metros | #49 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 Buffalo-Cheektowaga
Finance and Insurance in Other New York Metros
+ 1 more metros. View all in New York →
Finance and Insurance Metros With Similar Conditions
Metros within 5 points of Buffalo-Cheektowaga's 74.4 score. Useful when comparing markets with comparable entry profiles.
Finance and Insurance in States Bordering New York
State-level entry risk for finance and insurance in adjacent states. Use this to weigh cross-border options.
Browse Finance and Insurance in Other States
State-level entry risk reports for finance and insurance across all 51 markets, sorted by rank.
Data Sources
- Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Buffalo-Cheektowaga, NY MSA area.
Data period: 2024. Last updated: April 2026.