NAICS 52

Finance and Insurance in Lawton, OK

Metro Market Score 52.4 (Challenging), ranked #190 of 331 metros. 182 establishments, 1,296 jobs.

Metro Market Assessment

Metro Market Score 52.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Labor costs are a clear advantage in Lawton's finance and insurance sector. The wage competitiveness index of 1.5 puts it among the lowest-cost metros, and wage pressure at 41.6 suggests that gap is holding steady.

Industry Concentration
69.5
LQ: 0.74
Rank #230 of 331 metros
Wage Competitiveness
1.5
$57,725 avg wage
Growth Trend
12.4
Employment growth index
Rank #291 of 331 metros
Wage Pressure
41.6
YoY wage change index

182 Finance and Insurance Firms in Lawton

182
Establishments
-0.5% YoY
1,296
Total Employment
-5.7% YoY
$57,725
Average Annual Wage
+4.5% YoY
0.74
Location Quotient
Below national avg

Lawton vs Oklahoma Statewide

How this metro's finance and insurance market compares to Oklahoma overall. The state ranks #48/51 for entry risk.

Measure Lawton OK Statewide
Overall Score 52.4 Challenging 64.9 High
Score Type Metro Market Score Entry Risk Score
Rank #190 of 331 metros #48 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 Lawton

Finance and Insurance in Other Oklahoma Metros

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 Lawton's finance and insurance sector, the employment growth component (87.6) 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

Data period: 2024. Last updated: April 2026.