NAICS 52

Finance and Insurance in Kingston, NY

Metro Market Score 40.0 (Moderate), ranked #105 of 331 metros. 206 establishments, 1,265 jobs.

Metro Market Assessment

Metro Market Score 40.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Kingston's finance and insurance market sits near the national metro median, ranking #105 of 331 with a market score of 40.0. No single metric stands out as an outlier, which means entry conditions depend more on your specific business model than on broad market forces.

Industry Concentration
37.8
LQ: 0.53
Rank #125 of 331 metros
Wage Competitiveness
42.9
$86,068 avg wage
Growth Trend
61.6
Employment growth index
Rank #128 of 331 metros
Wage Pressure
41.4
YoY wage change index

206 Finance and Insurance Firms in Kingston

206
Establishments
-2.4% YoY
1,265
Total Employment
+0.1% YoY
$86,068
Average Annual Wage
+4.4% YoY
0.53
Location Quotient
Below national avg
Within New York
#3 of 12
finance and insurance metros in state
New York state rank
#49 of 51
for finance and insurance entry risk
vs State Median
-18.0
better than median (57.9)

Kingston 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 Kingston NY Statewide
Overall Score 40.0 Moderate 65.4 High
Score Type Metro Market Score Entry Risk Score
Rank #105 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 Kingston

Finance and Insurance in Other New York Metros

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Kingston's 40.0 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.

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 Kingston's finance and insurance sector, the employment growth component (38.4) 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

Data period: 2024. Last updated: April 2026.