NAICS 52

Finance and Insurance in Johnson City, TN

Metro Market Score 67.8 (Difficult), ranked #282 of 331 metros. 344 establishments, 1,985 jobs.

Metro Market Assessment

Metro Market Score 67.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

⚡Rising Wages

Finance and Insurance employment in Johnson City contracted year-over-year, placing the growth trend in the bottom quartile at 0.6. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration
50.1
LQ: 0.61
Rank #166 of 331 metros
Wage Competitiveness
28.7
$79,554 avg wage
Growth Trend
↓ 0.6
Employment growth index
Rank #330 of 331 metros
Wage Pressure
91.5
YoY wage change index

344 Finance and Insurance Firms in Johnson City

344
Establishments
-1.1% YoY
1,985
Total Employment
-47.6% YoY
$79,554
Average Annual Wage
+23.9% YoY
0.61
Location Quotient
Below national avg

Johnson City vs Tennessee Statewide

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

Measure Johnson City TN Statewide
Overall Score 67.8 Difficult 53.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #282 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 Johnson City

Real Estate and Rental and Leasing 28.0 Other Services 44.8 Retail Trade 51.1

Finance and Insurance in Other Tennessee Metros

Jackson 16.9 #1/331 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

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 Johnson City's finance and insurance sector, the employment growth component (99.4) 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.