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 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

Within Washington

#8 of 11

finance and insurance metros in state

Washington state rank

#37 of 51

for finance and insurance entry risk

vs State Median

+4.2

worse than median (47.4)

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

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Kennewick-Richland's 51.6 score. Useful when comparing markets with comparable entry profiles.

Fort Smith, AR 51.6 #184/331 Binghamton, NY 51.6 #186/331 Ogden, UT 51.6 #187/331 Ann Arbor, MI 52.0 #188/331 Canton-Massillon, OH 51.2 #183/331 Sebastian-Vero Beach-West Vero Corridor, FL 51.1 #182/331 Greenville-Anderson-Greer, SC 51.0 #181/331 Salinas, CA 52.3 #189/331 Lawton, OK 52.4 #190/331 Jackson, MS 52.4 #191/331

Finance and Insurance in States Bordering Washington

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

Idaho 56.2 #39/51 Oregon 56.7 #41/51

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 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

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

Data period: 2024. Last updated: April 2026.

Metro Market Assessment