NAICS 52

Finance and Insurance in Logan, UT

Metro Market Score 41.9 (Moderate), ranked #118 of 331 metros. 259 establishments, 1,255 jobs.

Metro Market Assessment

Metro Market Score 41.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Labor costs are a clear advantage in Logan's finance and insurance sector. The wage competitiveness index of 14.8 puts it among the lowest-cost metros, and wage pressure at 32.6 suggests that gap is holding steady.

Industry Concentration
23.3
LQ: 0.46
Rank #77 of 331 metros
Wage Competitiveness
14.8
$71,212 avg wage
Growth Trend
↓ 13.9
Employment growth index
Rank #286 of 331 metros
Wage Pressure
32.6
YoY wage change index

259 Finance and Insurance Firms in Logan

259
Establishments
+2.8% YoY
1,255
Total Employment
-5.4% YoY
$71,212
Average Annual Wage
+1.0% YoY
0.46
Location Quotient
Below national avg

Logan vs Utah Statewide

How this metro's finance and insurance market compares to Utah overall. The state ranks #27/51 for entry risk.

Measure Logan UT Statewide
Overall Score 41.9 Moderate 51.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #118 of 331 metros #27 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 Logan

Administrative and Support Services 18.4 Other Services 21.5 Information 24.3 Accommodation and Food Services 24.5 Real Estate and Rental and Leasing 31.6 Construction 33.4 Professional, Scientific, and Technical Services 49.7 Retail Trade 70.1

Finance and Insurance in Other Utah Metros

St. George 23.2 #12/331 Ogden 51.6 #187/331 Salt Lake City-Murray 61.8 #256/331 Provo-Orem-Lehi 69.3 #290/331

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 Logan's finance and insurance sector, the employment growth component (86.1) 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.