NAICS 52

Finance and Insurance in Sumter, SC

Metro Market Score 33.3 (Favorable), ranked #65 of 331 metros. 116 establishments, 832 jobs.

Metro Market Score 33.3

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

📈Rapid Growth

Sumter ranks in the top quartile for finance and insurance market conditions, driven by above-average employment growth. With a market score of 33.3, conditions are relatively favorable compared to most metros.

Industry Concentration

46.8

LQ: 0.58

Rank #155 of 331 metros

Wage Competitiveness

36.3

$82,843 avg wage

Growth Trend

↑ 84.3

Employment growth index

Rank #53 of 331 metros

Wage Pressure

38.8

YoY wage change index

116 Finance and Insurance Firms in Sumter

116

Establishments

+0.9% YoY

832

Total Employment

+2.6% YoY

$82,843

Average Annual Wage

+3.4% YoY

0.58

Location Quotient

Below national avg

Within South Carolina

#2 of 7

finance and insurance metros in state

South Carolina state rank

#16 of 51

for finance and insurance entry risk

vs State Median

-17.7

better than median (51.0)

Sumter vs South Carolina Statewide

How this metro's finance and insurance market compares to South Carolina overall. The state ranks #16/51 for entry risk.

Measure	Sumter	SC Statewide
Overall Score	33.3 Favorable	48.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#65 of 331 metros	#16 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 Sumter

Professional, Scientific, and Technical Services 24.2 Information 27.0 Healthcare and Social Assistance 32.6 Real Estate and Rental and Leasing 37.1 Administrative and Support Services 39.4 Accommodation and Food Services 52.9 Other Services 54.6 Construction 59.9 Retail Trade 60.8

Finance and Insurance in Other South Carolina Metros

Spartanburg 27.9 #31/331 Florence 47.3 #154/331 Greenville-Anderson-Greer 51.0 #181/331 Hilton Head Island-Bluffton-Port Royal 53.4 #204/331 Myrtle Beach-Conway-North Myrtle Beach 57.8 #234/331 Charleston-North Charleston 70.0 #295/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Sumter's 33.3 score. Useful when comparing markets with comparable entry profiles.

Wenatchee-East Wenatchee, WA 33.3 #66/331 Hickory-Lenoir-Morganton, NC 33.1 #64/331 Watertown-Fort Drum, NY 33.6 #67/331 Redding, CA 32.8 #63/331 Manhattan, KS 33.9 #68/331 Fond du Lac, WI 34.0 #69/331 Huntsville, AL 34.0 #70/331 Lebanon, PA 34.2 #71/331 Hammond, LA 32.2 #62/331 Punta Gorda, FL 34.3 #72/331

Finance and Insurance in States Bordering South Carolina

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

North Carolina 48.4 #17/51 Georgia 56.4 #40/51

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 Sumter's finance and insurance sector, the industry concentration component (46.8) 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 Sumter, SC MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment