NAICS 56

Administrative and Support Services in Hot Springs, AR

Metro Market Score 30.4 (Favorable), ranked #20 of 267 metros. 184 establishments, 1,734 jobs.

Metro Market Score 30.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

ⓘ Lower is better. Relative to national administrative and support services average.

📈Rapid Growth

Employment in Hot Springs's administrative and support services sector grew faster than most metros last year, pushing its growth trend index to 79.8. Combined with a 30.4 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration

46.1

LQ: 0.78

Rank #123 of 267 metros

Wage Competitiveness

4.5

$37,399 avg wage

Growth Trend

↑ 79.8

Employment growth index

Rank #55 of 267 metros

Wage Pressure

58.2

YoY wage change index

184 Administrative and Support Services Firms in Hot Springs

184

Establishments

+8.2% YoY

1,734

Total Employment

+1.8% YoY

$37,399

Average Annual Wage

+3.8% YoY

0.78

Location Quotient

Below national avg

Within Arkansas

#1 of 1

administrative and support services metros in state

Arkansas state rank

#29 of 51

for administrative and support services entry risk

vs State Median

0.0

matches median (30.4)

Hot Springs vs Arkansas Statewide

How this metro's administrative and support services market compares to Arkansas overall. The state ranks #29/51 for entry risk.

Measure	Hot Springs	AR Statewide
Overall Score	30.4 Favorable	42.0 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#20 of 267 metros	#29 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 Hot Springs

Information 22.1 Other Services 22.9 Professional, Scientific, and Technical Services 35.5 Construction 36.8 Real Estate and Rental and Leasing 40.3 Finance and Insurance 53.0 Accommodation and Food Services 62.0 Healthcare and Social Assistance 66.8 Retail Trade 71.6

Administrative and Support Services Metros With Similar Conditions

Metros within 5 points of Hot Springs's 30.4 score. Useful when comparing markets with comparable entry profiles.

Muskegon-Norton Shores, MI 30.7 #21/267 Johnstown, PA 30.7 #22/267 St. George, UT 30.8 #23/267 Farmington, NM 29.9 #19/267 Gettysburg, PA 30.9 #24/267 Rocky Mount, NC 29.7 #18/267 Sandusky, OH 29.4 #17/267 Lancaster, PA 29.3 #16/267 Wausau, WI 29.2 #15/267 Atlantic City-Hammonton, NJ 31.5 #25/267

Administrative and Support Services in States Bordering Arkansas

State-level entry risk for administrative and support services in adjacent states. Use this to weigh cross-border options.

Mississippi 31.3 #8/51 Oklahoma 32.9 #12/51 Tennessee 38.3 #21/51 Texas 43.0 #34/51 Missouri 43.8 #39/51 Louisiana 43.9 #40/51

Browse Administrative and Support Services in Other States

State-level entry risk reports for administrative and support services 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 Hot Springs's administrative and support services sector, the wage pressure component (58.2) 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 Hot Springs, AR MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment