NAICS 52

Finance and Insurance in Raleigh-Cary, NC

Metro Market Score 76.3 (Difficult), ranked #320 of 331 metros. 3,024 establishments, 27,762 jobs.

Metro Market Assessment

Metro Market Score 76.3
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

Raleigh-Cary scores 76.3 on the Metro Market Score for finance and insurance, placing it in the bottom 10%. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
83.7
LQ: 0.94
Rank #277 of 331 metros
Wage Competitiveness
89.1
$123,061 avg wage
Growth Trend
↓ 22.1
Employment growth index
Rank #259 of 331 metros
Wage Pressure
48.3
YoY wage change index

3,024 Finance and Insurance Firms in Raleigh-Cary

3,024
Establishments
+0.4% YoY
27,762
Total Employment
-3.8% YoY
$123,061
Average Annual Wage
+7.1% YoY
0.94
Location Quotient
Below national avg

Raleigh-Cary 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 Raleigh-Cary NC Statewide
Overall Score 76.3 Difficult 48.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #320 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 Raleigh-Cary

Healthcare and Social Assistance 35.4 Accommodation and Food Services 42.8 Retail Trade 44.4 Real Estate and Rental and Leasing 54.3 Construction 56.1 Other Services 56.5 Administrative and Support Services 62.9 Information 74.2

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 Raleigh-Cary's finance and insurance sector, the employment growth component (78.0) 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.