NAICS 52

Finance and Insurance in Olympia-Lacey-Tumwater, WA

Metro Market Score 47.4 (Moderate), ranked #155 of 331 metros. 404 establishments, 2,819 jobs.

Metro Market Score 47.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

💰High-Cost Market📈Rapid Growth

Olympia-Lacey-Tumwater ranks in the upper half for finance and insurance market conditions, driven by above-average employment growth. With a market score of 47.4, conditions are relatively favorable compared to most metros.

Industry Concentration

39.9

LQ: 0.54

Rank #132 of 331 metros

Wage Competitiveness

77.3

$105,763 avg wage

Growth Trend

↑ 78.8

Employment growth index

Rank #71 of 331 metros

Wage Pressure

58.6

YoY wage change index

404 Finance and Insurance Firms in Olympia-Lacey-Tumwater

404

Establishments

+1.8% YoY

2,819

Total Employment

+1.9% YoY

$105,763

Average Annual Wage

+11.1% YoY

0.54

Location Quotient

Below national avg

Within Washington

#6 of 11

finance and insurance metros in state

Washington state rank

#37 of 51

for finance and insurance entry risk

vs State Median

0.0

matches median (47.4)

Olympia-Lacey-Tumwater vs Washington Statewide

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

Measure	Olympia-Lacey-Tumwater	WA Statewide
Overall Score	47.4 Moderate	55.5 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#155 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 Olympia-Lacey-Tumwater

Accommodation and Food Services 43.8 Real Estate and Rental and Leasing 47.3 Administrative and Support Services 52.6 Healthcare and Social Assistance 56.4 Construction 64.3 Information 64.9 Retail Trade 69.2 Other Services 69.5 Professional, Scientific, and Technical Services 71.5

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 Bremerton-Silverdale-Port Orchard 49.4 #167/331 Kennewick-Richland 51.6 #185/331 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 Olympia-Lacey-Tumwater's 47.4 score. Useful when comparing markets with comparable entry profiles.

Florence, SC 47.3 #154/331 South Bend-Mishawaka, IN 47.5 #156/331 Fayetteville-Springdale-Rogers, AR 47.6 #157/331 Grand Rapids-Wyoming-Kentwood, MI 47.8 #158/331 Texarkana, TX 46.9 #153/331 Casper, WY 46.6 #152/331 Dothan, AL 48.5 #159/331 Elizabethtown, KY 48.6 #160/331 Dayton-Kettering-Beavercreek, OH 48.7 #161/331 Winchester, VA 48.8 #162/331

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 Olympia-Lacey-Tumwater's finance and insurance sector, the wage competitiveness component (77.3) 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 Olympia-Lacey-Tumwater, WA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment