NAICS 52

Finance and Insurance in Burlington, NC

Metro Market Score 61.4 (Difficult), ranked #252 of 331 metros. 230 establishments, 1,476 jobs.

Metro Market Score 61.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

Finance and Insurance employment in Burlington contracted year-over-year, placing the growth trend in the bottom quartile at 18.4. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration

38.7

LQ: 0.54

Rank #128 of 331 metros

Wage Competitiveness

65.9

$95,461 avg wage

Growth Trend

↓ 18.4

Employment growth index

Rank #271 of 331 metros

Wage Pressure

54.0

YoY wage change index

230 Finance and Insurance Firms in Burlington

230

Establishments

-1.3% YoY

1,476

Total Employment

-4.2% YoY

$95,461

Average Annual Wage

+9.3% YoY

0.54

Location Quotient

Below national avg

Within North Carolina

#10 of 15

finance and insurance metros in state

North Carolina state rank

#17 of 51

for finance and insurance entry risk

vs State Median

+18.4

worse than median (43.0)

Burlington vs North Carolina Statewide

How this metro's finance and insurance market compares to North Carolina overall. The state ranks #17/51 for entry risk.

Measure	Burlington	NC Statewide
Overall Score	61.4 Difficult	48.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#252 of 331 metros	#17 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 Burlington

Real Estate and Rental and Leasing 31.2 Professional, Scientific, and Technical Services 37.0 Accommodation and Food Services 45.6 Administrative and Support Services 56.8 Other Services 57.2 Retail Trade 61.6 Healthcare and Social Assistance 63.5

Finance and Insurance in Other North Carolina Metros

Jacksonville 24.0 #17/331 Rocky Mount 25.5 #22/331 Goldsboro 27.5 #29/331 Hickory-Lenoir-Morganton 33.1 #64/331 Greenville 39.1 #97/331 Wilmington 39.7 #102/331 Pinehurst-Southern Pines 41.8 #116/331 Fayetteville 43.0 #127/331 Asheville 59.2 #240/331 Durham-Chapel Hill 62.0 #259/331

+ 4 more metros. View all in North Carolina →

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Burlington's 61.4 score. Useful when comparing markets with comparable entry profiles.

Boulder, CO 61.4 #253/331 Fort Wayne, IN 61.4 #254/331 Bellingham, WA 61.5 #255/331 Salt Lake City-Murray, UT 61.8 #256/331 Santa Cruz-Watsonville, CA 61.0 #251/331 Anchorage, AK 61.9 #257/331 Crestview-Fort Walton Beach-Destin, FL 60.9 #250/331 Lincoln, NE 62.0 #258/331 Durham-Chapel Hill, NC 62.0 #259/331 Wausau, WI 60.6 #249/331

Finance and Insurance in States Bordering North Carolina

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

South Carolina 48.4 #16/51 Virginia 50.8 #26/51 Tennessee 53.4 #33/51 Georgia 56.4 #40/51

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 Burlington's finance and insurance sector, the employment growth component (81.6) 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

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

Data period: 2024. Last updated: April 2026.

Metro Market Assessment