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 Assessment

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

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

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

Data period: 2024. Last updated: April 2026.