NAICS 52

Finance and Insurance in Staunton-Stuarts Draft, VA

Metro Market Score 37.1 (Moderate), ranked #83 of 331 metros. 160 establishments, 830 jobs.

Metro Market Assessment

Metro Market Score 37.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

🌱Emerging Market

Staunton-Stuarts Draft has a relatively low concentration of finance and insurance firms (index: 14.5) paired with positive employment growth. This suggests an underpenetrated market where demand may outpace current supply.

Industry Concentration
14.5
LQ: 0.40
Rank #48 of 331 metros
Wage Competitiveness
46.2
$87,242 avg wage
Growth Trend
↑ 62.8
Employment growth index
Rank #124 of 331 metros
Wage Pressure
53.7
YoY wage change index

160 Finance and Insurance Firms in Staunton-Stuarts Draft

160
Establishments
-3.0% YoY
830
Total Employment
+0.2% YoY
$87,242
Average Annual Wage
+9.2% YoY
0.40
Location Quotient
Below national avg

Staunton-Stuarts Draft vs Virginia Statewide

How this metro's finance and insurance market compares to Virginia overall. The state ranks #26/51 for entry risk.

Measure Staunton-Stuarts Draft VA Statewide
Overall Score 37.1 Moderate 50.8 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #83 of 331 metros #26 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 Staunton-Stuarts Draft

Retail Trade 36.9 Administrative and Support Services 37.3 Other Services 39.1 Real Estate and Rental and Leasing 40.9 Information 42.2 Healthcare and Social Assistance 47.4 Accommodation and Food Services 48.2

Finance and Insurance in Other Virginia Metros

Blacksburg-Christiansburg-Radford 27.5 #30/331 Harrisonburg 41.1 #111/331 Winchester 48.8 #162/331 Charlottesville 57.0 #231/331

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 Staunton-Stuarts Draft's finance and insurance sector, the wage competitiveness component (46.2) 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.