NAICS 52

Finance and Insurance in Jackson, TN

Metro Market Score 16.9 (Favorable), ranked #1 of 331 metros. 290 establishments, 1,832 jobs.

Metro Market Score 16.9

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

📈Rapid Growth✓Favorable Market

Employment in Jackson's finance and insurance sector grew faster than most metros last year, pushing its growth trend index to 100.0. Combined with a 16.9 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration

39.0

LQ: 0.54

Rank #129 of 331 metros

Wage Competitiveness

13.3

$70,594 avg wage

Growth Trend

↑ 100.0

Employment growth index

Rank #1 of 331 metros

Wage Pressure

19.0

YoY wage change index

290 Finance and Insurance Firms in Jackson

290

Establishments

+36.8% YoY

1,832

Total Employment

+52.7% YoY

$70,594

Average Annual Wage

-4.3% YoY

0.54

Location Quotient

Below national avg

Within Tennessee

#1 of 8

finance and insurance metros in state

Tennessee state rank

#33 of 51

for finance and insurance entry risk

vs State Median

-15.3

better than median (32.1)

Jackson vs Tennessee Statewide

How this metro's finance and insurance market compares to Tennessee overall. The state ranks #33/51 for entry risk.

Measure	Jackson	TN Statewide
Overall Score	16.9 Favorable	53.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#1 of 331 metros	#33 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 Jackson

Real Estate and Rental and Leasing 27.7 Retail Trade 40.4

Finance and Insurance in Other Tennessee Metros

Morristown 20.1 #9/331 Clarksville 23.7 #14/331 Kingsport-Bristol 30.0 #50/331 Cleveland 32.1 #61/331 Chattanooga 53.3 #201/331 Knoxville 54.1 #209/331 Johnson City 67.8 #282/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Jackson's 16.9 score. Useful when comparing markets with comparable entry profiles.

Monroe, MI 17.3 #2/331 Joplin, MO 17.5 #3/331 Lake Havasu City-Kingman, AZ 18.6 #4/331 Bakersfield-Delano, CA 19.0 #5/331 Auburn-Opelika, AL 19.0 #6/331 Sierra Vista-Douglas, AZ 19.4 #7/331 Muskegon-Norton Shores, MI 19.4 #8/331 Morristown, TN 20.1 #9/331 Warner Robins, GA 20.8 #10/331

Finance and Insurance in States Bordering Tennessee

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

Kentucky 40.0 #3/51 Arkansas 44.7 #7/51 North Carolina 48.4 #17/51 Alabama 48.4 #18/51 Virginia 50.8 #26/51 Mississippi 54.5 #36/51 Georgia 56.4 #40/51 Missouri 57.7 #43/51

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 Jackson's finance and insurance sector, the industry concentration component (39.0) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Jackson, TN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment