NAICS 52

Finance and Insurance in Durham-Chapel Hill, NC

Metro Market Score 62.0 (Difficult), ranked #259 of 331 metros. 961 establishments, 12,741 jobs.

Metro Market Assessment

Metro Market Score 62.0
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

Durham-Chapel Hill scores 62.0 on the Metro Market Score for finance and insurance, placing it in the bottom quartile. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
81.6
LQ: 0.92
Rank #270 of 331 metros
Wage Competitiveness
94.9
$147,377 avg wage
Growth Trend
↑ 74.0
Employment growth index
Rank #87 of 331 metros
Wage Pressure
50.4
YoY wage change index

961 Finance and Insurance Firms in Durham-Chapel Hill

961
Establishments
+0.8% YoY
12,741
Total Employment
+1.4% YoY
$147,377
Average Annual Wage
+7.9% YoY
0.92
Location Quotient
Below national avg

Durham-Chapel Hill 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 Durham-Chapel Hill NC Statewide
Overall Score 62.0 Difficult 48.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #259 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 Durham-Chapel Hill

Construction 31.9 Accommodation and Food Services 40.0 Retail Trade 40.3 Real Estate and Rental and Leasing 40.8 Other Services 49.7 Administrative and Support Services 50.5 Healthcare and Social Assistance 66.1 Professional, Scientific, and Technical Services 67.4 Information 80.0

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 Durham-Chapel Hill's finance and insurance sector, the wage competitiveness component (94.9) 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.