NAICS 52

Finance and Insurance in Janesville-Beloit, WI

Metro Market Score 32.0 (Favorable), ranked #59 of 331 metros. 182 establishments, 1,261 jobs.

Metro Market Assessment

Metro Market Score 32.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

🌱Emerging Market

Few finance and insurance firms have established themselves in Janesville-Beloit yet. The concentration index of 19.6 is well below the metro median, while employment growth is positive (trend: 63.4). That combination points to a market still building out.

Industry Concentration
19.6
LQ: 0.45
Rank #65 of 331 metros
Wage Competitiveness
36.6
$82,875 avg wage
Growth Trend
63.4
Employment growth index
Rank #122 of 331 metros
Wage Pressure
34.7
YoY wage change index

182 Finance and Insurance Firms in Janesville-Beloit

182
Establishments
+1.1% YoY
1,261
Total Employment
+0.3% YoY
$82,875
Average Annual Wage
+1.8% YoY
0.45
Location Quotient
Below national avg

Janesville-Beloit vs Wisconsin Statewide

How this metro's finance and insurance market compares to Wisconsin overall. The state ranks #8/51 for entry risk.

Measure Janesville-Beloit WI Statewide
Overall Score 32.0 Favorable 45.3 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #59 of 331 metros #8 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 Janesville-Beloit

Finance and Insurance in Other Wisconsin 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 Janesville-Beloit's finance and insurance sector, the employment growth component (36.6) 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.