NAICS 52

Finance and Insurance in Laredo, TX

Metro Market Score 28.6 (Favorable), ranked #35 of 331 metros. 289 establishments, 2,273 jobs.

Metro Market Score 28.6

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

✓Favorable Market

Labor costs are a clear advantage in Laredo's finance and insurance sector. The wage competitiveness index of 0.6 puts it among the lowest-cost metros, and wage pressure at 34.2 suggests that gap is holding steady.

Industry Concentration

35.6

LQ: 0.52

Rank #118 of 331 metros

Wage Competitiveness

0.6

$53,970 avg wage

Growth Trend

↑ 57.7

Employment growth index

Rank #141 of 331 metros

Wage Pressure

34.2

YoY wage change index

289 Finance and Insurance Firms in Laredo

289

Establishments

+0.3% YoY

2,273

Total Employment

+0.0% YoY

$53,970

Average Annual Wage

+1.6% YoY

0.52

Location Quotient

Below national avg

Within Texas

#5 of 20

finance and insurance metros in state

Texas state rank

#25 of 51

for finance and insurance entry risk

vs State Median

-10.6

better than median (39.2)

Laredo vs Texas Statewide

How this metro's finance and insurance market compares to Texas overall. The state ranks #25/51 for entry risk.

Measure	Laredo	TX Statewide
Overall Score	28.6 Favorable	50.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#35 of 331 metros	#25 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 Laredo

Professional, Scientific, and Technical Services 17.9 Information 26.2 Construction 29.5 Real Estate and Rental and Leasing 31.8 Retail Trade 34.6 Other Services 43.1 Accommodation and Food Services 43.7 Healthcare and Social Assistance 46.0 Administrative and Support Services 47.9

Finance and Insurance in Other Texas Metros

Odessa 22.9 #11/331 Brownsville-Harlingen 23.3 #13/331 McAllen-Edinburg-Mission 26.8 #26/331 Eagle Pass 28.1 #34/331 Longview 29.9 #49/331 Victoria 30.9 #54/331 Beaumont-Port Arthur 36.1 #78/331 College Station-Bryan 37.7 #86/331 Corpus Christi 38.5 #93/331 Sherman-Denison 39.2 #100/331

+ 9 more metros. View all in Texas →

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Laredo's 28.6 score. Useful when comparing markets with comparable entry profiles.

El Centro, CA 28.6 #36/331 Twin Falls, ID 28.7 #37/331 Fairbanks-College, AK 28.8 #38/331 Huntington-Ashland, WV 28.8 #39/331 Lawrence, KS 29.0 #40/331 Anniston-Oxford, AL 29.0 #41/331 Kenosha, WI 29.0 #42/331 Eagle Pass, TX 28.1 #34/331 Morgantown, WV 28.0 #33/331 Ocala, FL 27.9 #32/331

Finance and Insurance in States Bordering Texas

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

Louisiana 42.0 #6/51 Arkansas 44.7 #7/51 New Mexico 53.1 #31/51 Oklahoma 64.9 #48/51

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 Laredo's finance and insurance sector, the employment growth component (42.3) 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 Laredo, TX MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment