NAICS 56

Administrative and Support Services in Palm Bay-Melbourne-Titusville, FL

Metro Market Score 75.0 (Difficult), ranked #258 of 267 metros. 1,489 establishments, 13,489 jobs.

Metro Market Assessment

Metro Market Score 75.0
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

Wage costs in Palm Bay-Melbourne-Titusville's administrative and support services sector are well above the metro average, with wage competitiveness at 79.8 and rising pressure at 66.1. New entrants should factor higher labor costs into their financial projections for this market.

Industry Concentration
75.7
LQ: 0.95
Rank #202 of 267 metros
Wage Competitiveness
79.8
$55,616 avg wage
Growth Trend
23.6
Employment growth index
Rank #205 of 267 metros
Wage Pressure
66.1
YoY wage change index

1,489 Administrative and Support Services Firms in Palm Bay-Melbourne-Titusville

1,489
Establishments
-7.0% YoY
13,489
Total Employment
-6.6% YoY
$55,616
Average Annual Wage
+8.5% YoY
0.95
Location Quotient
Below national avg
Within Florida
#16 of 18
administrative and support services metros in state
Florida state rank
#47 of 51
for administrative and support services entry risk
vs State Median
+7.9
worse than median (67.1)

Palm Bay-Melbourne-Titusville 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 Palm Bay-Melbourne-Titusville FL Statewide
Overall Score 75.0 Difficult 52.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #258 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 Palm Bay-Melbourne-Titusville

Administrative and Support Services in Other Florida Metros

Administrative and Support Services Metros With Similar Conditions

Metros within 5 points of Palm Bay-Melbourne-Titusville's 75.0 score. Useful when comparing markets with comparable entry profiles.

Administrative and Support Services in States Bordering Florida

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

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 Palm Bay-Melbourne-Titusville's administrative and support services sector, the employment growth component (76.4) 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.