NAICS 52

Finance and Insurance in Kennewick-Richland, WA

Metro Market Score 51.6 (Challenging), ranked #185 of 331 metros. 306 establishments, 2,432 jobs.

Metro Market Assessment

Metro Market Score 51.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Kennewick-Richland's finance and insurance sector saw employment decline over the past year (growth trend: 18.7). That contraction, combined with a 51.6 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
18.1
LQ: 0.44
Rank #60 of 331 metros
Wage Competitiveness
55.6
$90,917 avg wage
Growth Trend
↓ 18.7
Employment growth index
Rank #270 of 331 metros
Wage Pressure
44.0
YoY wage change index

306 Finance and Insurance Firms in Kennewick-Richland

306
Establishments
+0.0% YoY
2,432
Total Employment
-4.2% YoY
$90,917
Average Annual Wage
+5.4% YoY
0.44
Location Quotient
Below national avg

Kennewick-Richland vs Washington Statewide

How this metro's finance and insurance market compares to Washington overall. The state ranks #37/51 for entry risk.

Measure Kennewick-Richland WA Statewide
Overall Score 51.6 Challenging 55.5 High
Score Type Metro Market Score Entry Risk Score
Rank #185 of 331 metros #37 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 Kennewick-Richland

Information 31.1 Healthcare and Social Assistance 36.5 Other Services 42.1 Real Estate and Rental and Leasing 46.8 Professional, Scientific, and Technical Services 56.5 Retail Trade 58.9 Construction 60.8 Accommodation and Food Services 62.2 Administrative and Support Services 68.4

Finance and Insurance in Other Washington Metros

Longview-Kelso 31.9 #58/331 Wenatchee-East Wenatchee 33.3 #66/331 Mount Vernon-Anacortes 36.7 #80/331 Yakima 38.7 #95/331 Walla Walla 45.0 #148/331 Olympia-Lacey-Tumwater 47.4 #155/331 Bremerton-Silverdale-Port Orchard 49.4 #167/331 Bellingham 61.5 #255/331 Seattle-Tacoma-Bellevue 69.0 #288/331 Spokane-Spokane Valley 74.8 #316/331

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 Kennewick-Richland's finance and insurance sector, the employment growth component (81.3) 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.