NAICS 52

Finance and Insurance in Mansfield, OH

Metro Market Score 29.5 (Favorable), ranked #45 of 331 metros. 170 establishments, 966 jobs.

Metro Market Score 29.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

✓Favorable Market🌱Emerging Market

Few finance and insurance firms have established themselves in Mansfield yet. The concentration index of 28.4 is well below the metro median, while employment growth is positive (trend: 62.5). That combination points to a market still building out.

Industry Concentration

28.4

LQ: 0.49

Rank #94 of 331 metros

Wage Competitiveness

8.5

$68,370 avg wage

Growth Trend

↑ 62.5

Employment growth index

Rank #125 of 331 metros

Wage Pressure

45.2

YoY wage change index

170 Finance and Insurance Firms in Mansfield

170

Establishments

+0.0% YoY

966

Total Employment

+0.2% YoY

$68,370

Average Annual Wage

+5.9% YoY

0.49

Location Quotient

Below national avg

Within Ohio

#1 of 11

finance and insurance metros in state

Ohio state rank

#14 of 51

for finance and insurance entry risk

vs State Median

-19.4

better than median (48.9)

Mansfield vs Ohio Statewide

How this metro's finance and insurance market compares to Ohio overall. The state ranks #14/51 for entry risk.

Measure	Mansfield	OH Statewide
Overall Score	29.5 Favorable	48.2 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#45 of 331 metros	#14 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 Mansfield

Information 20.0 Professional, Scientific, and Technical Services 30.4 Healthcare and Social Assistance 32.1 Construction 36.0 Real Estate and Rental and Leasing 38.5 Other Services 45.0 Administrative and Support Services 45.4 Accommodation and Food Services 49.9 Retail Trade 51.6

Finance and Insurance in Other Ohio Metros

Lima 31.2 #56/331 Sandusky 39.8 #104/331 Toledo 44.1 #137/331 Dayton-Kettering-Beavercreek 48.7 #161/331 Youngstown-Warren 48.9 #163/331 Canton-Massillon 51.2 #183/331 Springfield 56.8 #229/331 Cleveland 63.5 #265/331 Akron 67.2 #279/331 Columbus 78.4 #327/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Mansfield's 29.5 score. Useful when comparing markets with comparable entry profiles.

Michigan City-La Porte, IN 29.6 #46/331 Farmington, NM 29.4 #44/331 Hinesville, GA 29.7 #47/331 Gettysburg, PA 29.7 #48/331 Gadsden, AL 29.2 #43/331 Longview, TX 29.9 #49/331 Kenosha, WI 29.0 #42/331 Anniston-Oxford, AL 29.0 #41/331 Kingsport-Bristol, TN 30.0 #50/331 Lawrence, KS 29.0 #40/331

Finance and Insurance in States Bordering Ohio

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

West Virginia 39.8 #2/51 Kentucky 40.0 #3/51 Indiana 45.4 #9/51 Pennsylvania 48.8 #19/51 Michigan 49.8 #23/51

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 Mansfield's finance and insurance sector, the employment growth component (37.5) 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 Mansfield, OH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment