NAICS 52

Finance and Insurance in Harrisburg-Carlisle, PA

Metro Market Score 67.0 (Difficult), ranked #275 of 331 metros. 854 establishments, 11,953 jobs.

Metro Market Score 67.0

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

Market conditions for finance and insurance in Harrisburg-Carlisle are tougher than average. The 67.0 market score reflects a combination of high labor costs, slowing employment, and an already crowded field. Rank: #275 of 331 metros.

Industry Concentration

78.8

LQ: 0.88

Rank #261 of 331 metros

Wage Competitiveness

74.9

$103,707 avg wage

Growth Trend

↓ 38.1

Employment growth index

Rank #206 of 331 metros

Wage Pressure

50.1

YoY wage change index

854 Finance and Insurance Firms in Harrisburg-Carlisle

854

Establishments

-0.1% YoY

11,953

Total Employment

-1.9% YoY

$103,707

Average Annual Wage

+7.8% YoY

0.88

Location Quotient

Below national avg

Within Pennsylvania

#14 of 14

finance and insurance metros in state

Pennsylvania state rank

#19 of 51

for finance and insurance entry risk

vs State Median

+17.5

worse than median (49.5)

Harrisburg-Carlisle vs Pennsylvania Statewide

How this metro's finance and insurance market compares to Pennsylvania overall. The state ranks #19/51 for entry risk.

Measure	Harrisburg-Carlisle	PA Statewide
Overall Score	67.0 Difficult	48.8 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#275 of 331 metros	#19 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 Harrisburg-Carlisle

Information 44.6 Construction 45.7 Retail Trade 46.5 Professional, Scientific, and Technical Services 52.6 Healthcare and Social Assistance 53.5 Real Estate and Rental and Leasing 56.7 Other Services 73.4

Finance and Insurance in Other Pennsylvania Metros

Gettysburg 29.7 #48/331 Lebanon 34.2 #71/331 Williamsport 40.7 #108/331 York-Hanover 43.6 #132/331 Altoona 44.1 #140/331 Chambersburg 49.2 #165/331 Erie 49.5 #170/331 State College 49.5 #171/331 Scranton--Wilkes-Barre 53.3 #203/331 Lancaster 54.3 #212/331

+ 3 more metros. View all in Pennsylvania →

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Harrisburg-Carlisle's 67.0 score. Useful when comparing markets with comparable entry profiles.

Phoenix-Mesa-Chandler, AZ 67.0 #276/331 Birmingham, AL 67.1 #277/331 Evansville, IN 67.2 #278/331 Akron, OH 67.2 #279/331 Tampa-St. Petersburg-Clearwater, FL 66.8 #274/331 Santa Rosa-Petaluma, CA 67.4 #280/331 Los Angeles-Long Beach-Anaheim, CA 67.4 #281/331 Johnson City, TN 67.8 #282/331 Coeur d'Alene, ID 67.9 #283/331 Providence-Warwick, RI 66.0 #273/331

Finance and Insurance in States Bordering Pennsylvania

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

West Virginia 39.8 #2/51 Ohio 48.2 #14/51 Maryland 52.6 #30/51 New Jersey 53.2 #32/51 Delaware 57.7 #44/51 New York 65.4 #49/51

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 Harrisburg-Carlisle's finance and insurance sector, the industry concentration component (78.8) 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 Harrisburg-Carlisle, PA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment