NAICS 52

Finance and Insurance in Tyler, TX

Metro Market Score 44.2 (Moderate), ranked #142 of 331 metros. 488 establishments, 2,928 jobs.

Metro Market Score 44.2

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

Tyler pairs above-average finance and insurance concentration (57.4) with positive employment growth (trend: 65.0). The market is competitive but still expanding, leaving room for well-positioned new entrants.

Industry Concentration

57.4

LQ: 0.64

Rank #190 of 331 metros

Wage Competitiveness

45.3

$86,711 avg wage

Growth Trend

↑ 65.0

Employment growth index

Rank #117 of 331 metros

Wage Pressure

40.1

YoY wage change index

488 Finance and Insurance Firms in Tyler

488

Establishments

+1.7% YoY

2,928

Total Employment

+0.4% YoY

$86,711

Average Annual Wage

+3.9% YoY

0.64

Location Quotient

Below national avg

Within Texas

#15 of 20

finance and insurance metros in state

Texas state rank

#25 of 51

for finance and insurance entry risk

vs State Median

+5.0

worse than median (39.2)

Tyler vs Texas Statewide

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

Measure	Tyler	TX Statewide
Overall Score	44.2 Moderate	50.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#142 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 Tyler

Real Estate and Rental and Leasing 32.8 Information 38.8 Construction 41.2 Other Services 41.3 Administrative and Support Services 43.5 Accommodation and Food Services 45.5 Professional, Scientific, and Technical Services 60.2 Healthcare and Social Assistance 62.1 Retail Trade 73.4

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 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

+ 9 more metros. View all in Texas →

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Tyler's 44.2 score. Useful when comparing markets with comparable entry profiles.

Augusta-Richmond County, GA 44.2 #141/331 Kokomo, IN 44.3 #143/331 Altoona, PA 44.1 #140/331 Eugene-Springfield, OR 44.1 #139/331 Toledo, OH 44.1 #137/331 Niles, MI 44.1 #138/331 Bend, OR 44.4 #144/331 Lewiston, ID 44.5 #145/331 Riverside-San Bernardino-Ontario, CA 43.9 #136/331 Decatur, AL 44.6 #146/331

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 Tyler's finance and insurance sector, the industry concentration component (57.4) 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

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

Data period: 2024. Last updated: April 2026.

Metro Market Assessment