NAICS 52
Finance and Insurance in Wheeling, WV
Metro Market Score 55.5 (Challenging), ranked #224 of 331 metros. 202 establishments, 1,775 jobs.
Metro Market Assessment
Metro Market Score 55.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging
Lower is better. Relative to national finance and insurance average.
Market conditions for finance and insurance in Wheeling are tougher than average. The 55.5 market score reflects a combination of moderate wages, slowing employment, and an already crowded field. Rank: #224 of 331 metros.
Industry Concentration
71.9
LQ: 0.75
Rank #238 of 331 metros
Wage Competitiveness
18.4
$73,596 avg wage
Growth Trend
↓ 22.7
Employment growth index
Rank #257 of 331 metros
Wage Pressure
48.3
YoY wage change index
202 Finance and Insurance Firms in Wheeling
202
Establishments
+5.2% YoY
1,775
Total Employment
-3.8% YoY
$73,596
Average Annual Wage
+7.1% YoY
0.75
Location Quotient
Below national avg
Wheeling 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 | Wheeling | WV Statewide |
|---|---|---|
| Overall Score | 55.5 Challenging | 39.8 Moderate |
| Score Type | Metro Market Score | Entry Risk Score |
| Rank | #224 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 Wheeling
Finance and Insurance in Other West Virginia Metros
Data Sources
- Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Wheeling, WV-OH MSA area.
Data period: 2024. Last updated: April 2026.