NAICS 52

Finance and Insurance in McAllen-Edinburg-Mission, TX

Metro Market Score 26.8 (Favorable), ranked #26 of 331 metros. 876 establishments, 6,441 jobs.

Metro Market Score 26.8

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

✓Favorable Market

McAllen-Edinburg-Mission ranks in the top 10% for finance and insurance market conditions, driven by above-average employment growth. With a market score of 26.8, conditions are relatively favorable compared to most metros.

Industry Concentration

39.6

LQ: 0.54

Rank #131 of 331 metros

Wage Competitiveness

1.8

$58,974 avg wage

Growth Trend

↑ 72.8

Employment growth index

Rank #91 of 331 metros

Wage Pressure

41.6

YoY wage change index

876 Finance and Insurance Firms in McAllen-Edinburg-Mission

876

Establishments

-1.6% YoY

6,441

Total Employment

+1.2% YoY

$58,974

Average Annual Wage

+4.5% YoY

0.54

Location Quotient

Below national avg

Within Texas

#3 of 20

finance and insurance metros in state

Texas state rank

#25 of 51

for finance and insurance entry risk

vs State Median

-12.4

better than median (39.2)

McAllen-Edinburg-Mission vs Texas Statewide

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

Measure	McAllen-Edinburg-Mission	TX Statewide
Overall Score	26.8 Favorable	50.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#26 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 McAllen-Edinburg-Mission

Professional, Scientific, and Technical Services 13.5 Construction 16.4 Real Estate and Rental and Leasing 18.6 Information 24.0 Other Services 30.1 Accommodation and Food Services 32.0 Administrative and Support Services 46.1 Retail Trade 55.0 Healthcare and Social Assistance 55.7

Finance and Insurance in Other Texas Metros

Odessa 22.9 #11/331 Brownsville-Harlingen 23.3 #13/331 Eagle Pass 28.1 #34/331 Laredo 28.6 #35/331 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 McAllen-Edinburg-Mission's 26.8 score. Useful when comparing markets with comparable entry profiles.

Jonesboro, AR 27.0 #27/331 Elkhart-Goshen, IN 26.5 #25/331 Brunswick-St. Simons, GA 27.3 #28/331 Goldsboro, NC 27.5 #29/331 Blacksburg-Christiansburg-Radford, VA 27.5 #30/331 Atlantic City-Hammonton, NJ 26.0 #24/331 Spartanburg, SC 27.9 #31/331 Kankakee, IL 25.8 #23/331 Ocala, FL 27.9 #32/331 Morgantown, WV 28.0 #33/331

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 McAllen-Edinburg-Mission's finance and insurance sector, the industry concentration component (39.6) 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 McAllen-Edinburg-Mission, TX MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment