NAICS 52

Finance and Insurance in Charlotte-Concord-Gastonia, NC

Metro Market Score 63.5 (Difficult), ranked #264 of 331 metros. 5,880 establishments, 98,506 jobs.

Metro Market Assessment

Metro Market Score 63.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

🏭Industry Hub💰High-Cost Market📈Rapid Growth

Charlotte-Concord-Gastonia is a specialized hub for finance and insurance, with a location quotient of 1.81 and industry concentration in the bottom quartile. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
99.1
LQ: 1.81
Rank #328 of 331 metros
Wage Competitiveness
96.7
$155,750 avg wage
Growth Trend
↑ 77.6
Employment growth index
Rank #75 of 331 metros
Wage Pressure
39.1
YoY wage change index

5,880 Finance and Insurance Firms in Charlotte-Concord-Gastonia

5,880
Establishments
+1.7% YoY
98,506
Total Employment
+1.8% YoY
$155,750
Average Annual Wage
+3.5% YoY
1.81
Location Quotient
Above national avg

Charlotte-Concord-Gastonia 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 Charlotte-Concord-Gastonia NC Statewide
Overall Score 63.5 Difficult 48.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #264 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 Charlotte-Concord-Gastonia

Retail Trade 50.4 Other Services 55.2 Real Estate and Rental and Leasing 55.5 Construction 56.0 Information 56.8 Administrative and Support Services 66.0

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 Burlington 61.4 #252/331

+ 4 more metros. View all in North Carolina →

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 Charlotte-Concord-Gastonia's finance and insurance sector, the industry concentration component (99.1) 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.