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 Assessment

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

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

Finance and Insurance in Other West Virginia Metros

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

Data period: 2024. Last updated: April 2026.