NAICS 56

Administrative and Support Services in Miami-Fort Lauderdale-West Palm Beach, FL

Metro Market Score 71.7 (Difficult), ranked #250 of 267 metros. 19,398 establishments, 206,614 jobs.

Metro Market Assessment

Metro Market Score 71.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

💰High-Cost Market

Market conditions for administrative and support services in Miami-Fort Lauderdale-West Palm Beach are tougher than average. The 71.7 market score reflects a combination of high labor costs, mixed growth signals, and an already crowded field. Rank: #250 of 267 metros.

Industry Concentration
95.5
LQ: 1.26
Rank #255 of 267 metros
Wage Competitiveness
88.0
$58,663 avg wage
Growth Trend
49.8
Employment growth index
Rank #135 of 267 metros
Wage Pressure
54.0
YoY wage change index

19,398 Administrative and Support Services Firms in Miami-Fort Lauderdale-West Palm Beach

19,398
Establishments
-8.5% YoY
206,614
Total Employment
-2.0% YoY
$58,663
Average Annual Wage
+1.3% YoY
1.26
Location Quotient
Above national avg

Miami-Fort Lauderdale-West Palm Beach vs Florida Statewide

How this metro's administrative and support services market compares to Florida overall. The state ranks #47/51 for entry risk.

Measure Miami-Fort Lauderdale-West Palm Beach FL Statewide
Overall Score 71.7 Difficult 52.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #250 of 267 metros #47 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 Miami-Fort Lauderdale-West Palm Beach

Administrative and Support Services in Other Florida 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 Miami-Fort Lauderdale-West Palm Beach's administrative and support services sector, the industry concentration component (95.5) 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.