NAICS 52

Finance and Insurance in Huntington-Ashland, WV

Metro Market Score 28.8 (Favorable), ranked #39 of 331 metros. 569 establishments, 2,745 jobs.

Metro Market Assessment

Metro Market Score 28.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

✓Favorable Market🌱Emerging Market

Huntington-Ashland has a relatively low concentration of finance and insurance firms (index: 27.8) paired with positive employment growth. This suggests an underpenetrated market where demand may outpace current supply.

Industry Concentration
27.8
LQ: 0.49
Rank #92 of 331 metros
Wage Competitiveness
11.2
$69,686 avg wage
Growth Trend
↑ 56.5
Employment growth index
Rank #145 of 331 metros
Wage Pressure
30.1
YoY wage change index

569 Finance and Insurance Firms in Huntington-Ashland

569
Establishments
+10.1% YoY
2,745
Total Employment
+0.0% YoY
$69,686
Average Annual Wage
+0.0% YoY
0.49
Location Quotient
Below national avg

Huntington-Ashland vs West Virginia Statewide

How this metro's finance and insurance market compares to West Virginia overall. The state ranks #2/51 for entry risk.

Measure Huntington-Ashland WV Statewide
Overall Score 28.8 Favorable 39.8 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #39 of 331 metros #2 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 Huntington-Ashland

Retail Trade 32.4 Other Services 33.2 Professional, Scientific, and Technical Services 37.0 Administrative and Support Services 46.0

Finance and Insurance in Other West Virginia Metros

Beckley 24.2 #19/331 Morgantown 28.0 #33/331 Weirton-Steubenville 40.8 #109/331 Wheeling 55.5 #224/331

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 Huntington-Ashland's finance and insurance sector, the employment growth component (43.5) 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.