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 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

Within Virginia

#2 of 5

finance and insurance metros in state

Virginia state rank

#26 of 51

for finance and insurance entry risk

vs State Median

-4.1

better than median (41.1)

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

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Staunton-Stuarts Draft's 37.1 score. Useful when comparing markets with comparable entry profiles.

Albany, OR 37.1 #84/331 Yuma, AZ 36.9 #82/331 Lexington Park, MD 36.7 #81/331 Mount Vernon-Anacortes, WA 36.7 #80/331 Houma-Bayou Cane-Thibodaux, LA 37.5 #85/331 College Station-Bryan, TX 37.7 #86/331 Kahului-Wailuku, HI 37.8 #87/331 Amherst Town-Northampton, MA 37.8 #88/331 Hattiesburg, MS 37.8 #89/331 Carson City, NV 36.3 #79/331

Finance and Insurance in States Bordering Virginia

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

West Virginia 39.8 #2/51 Kentucky 40.0 #3/51 District of Columbia 47.9 #13/51 North Carolina 48.4 #17/51 Maryland 52.6 #30/51 Tennessee 53.4 #33/51

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 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

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

Data period: 2024. Last updated: April 2026.

Metro Market Assessment