NAICS 52

Finance and Insurance in Weirton-Steubenville, WV

Metro Market Score 40.8 (Moderate), ranked #109 of 331 metros. 136 establishments, 721 jobs.

Metro Market Score 40.8

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

Labor costs are a clear advantage in Weirton-Steubenville's finance and insurance sector. The wage competitiveness index of 2.7 puts it among the lowest-cost metros, and wage pressure at 42.7 suggests that gap is holding steady.

Industry Concentration

29.3

LQ: 0.49

Rank #97 of 331 metros

Wage Competitiveness

2.7

$61,797 avg wage

Growth Trend

↓ 19.0

Employment growth index

Rank #269 of 331 metros

Wage Pressure

42.7

YoY wage change index

136 Finance and Insurance Firms in Weirton-Steubenville

136

Establishments

+3.8% YoY

721

Total Employment

-4.1% YoY

$61,797

Average Annual Wage

+4.9% YoY

0.49

Location Quotient

Below national avg

Within West Virginia

#4 of 5

finance and insurance metros in state

West Virginia state rank

#2 of 51

for finance and insurance entry risk

vs State Median

+12.0

worse than median (28.8)

Weirton-Steubenville 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	Weirton-Steubenville	WV Statewide
Overall Score	40.8 Moderate	39.8 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#109 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 Weirton-Steubenville

Information 16.8 Other Services 34.0 Administrative and Support Services 42.3 Real Estate and Rental and Leasing 43.0 Accommodation and Food Services 47.2 Retail Trade 55.8

Finance and Insurance in Other West Virginia Metros

Beckley 24.2 #19/331 Morgantown 28.0 #33/331 Huntington-Ashland 28.8 #39/331 Wheeling 55.5 #224/331

Finance and Insurance Metros With Similar Conditions

Metros within 5 points of Weirton-Steubenville's 40.8 score. Useful when comparing markets with comparable entry profiles.

Williamsport, PA 40.7 #108/331 Mankato, MN 41.0 #110/331 Rome, GA 40.7 #107/331 Harrisonburg, VA 41.1 #111/331 Wichita Falls, TX 40.5 #106/331 Palm Bay-Melbourne-Titusville, FL 41.4 #112/331 Midland, MI 41.6 #113/331 Kingston, NY 40.0 #105/331 Killeen-Temple, TX 41.7 #114/331 Savannah, GA 41.8 #115/331

Finance and Insurance in States Bordering West Virginia

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

Kentucky 40.0 #3/51 Ohio 48.2 #14/51 Pennsylvania 48.8 #19/51 Virginia 50.8 #26/51 Maryland 52.6 #30/51

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 Weirton-Steubenville's finance and insurance sector, the employment growth component (81.0) 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 Weirton-Steubenville, WV-OH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment