NAICS 62

Healthcare and Social Assistance in Florence-Muscle Shoals, AL

Metro Market Score 43.7 (Moderate), ranked #92 of 248 metros. 660 establishments, 6,958 jobs.

Metro Market Assessment

Metro Market Score 43.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national healthcare and social assistance average.

Healthcare and Social Assistance wages in Florence-Muscle Shoals run well below the metro average (competitiveness index: 16.5), and year-over-year wage pressure is low at 33.8. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
20.6
LQ: 0.88
Rank #51 of 248 metros
Wage Competitiveness
16.5
$55,777 avg wage
Growth Trend
↓ 7.7
Employment growth index
Rank #230 of 248 metros
Wage Pressure
33.8
YoY wage change index

660 Healthcare and Social Assistance Firms in Florence-Muscle Shoals

660
Establishments
+4.4% YoY
6,958
Total Employment
-0.7% YoY
$55,777
Average Annual Wage
+1.6% YoY
0.88
Location Quotient
Below national avg

Florence-Muscle Shoals vs Alabama Statewide

How this metro's healthcare and social assistance market compares to Alabama overall. The state ranks #31/51 for entry risk.

Measure Florence-Muscle Shoals AL Statewide
Overall Score 43.7 Moderate 43.6 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #92 of 248 metros #31 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 Florence-Muscle Shoals

Real Estate and Rental and Leasing 26.8 Other Services 29.4 Information 29.8 Accommodation and Food Services 40.7 Construction 41.5 Finance and Insurance 43.2 Administrative and Support Services 46.7 Retail Trade 61.9

Healthcare and Social Assistance in Other Alabama Metros

Auburn-Opelika 12.2 #3/248 Daphne-Fairhope-Foley 25.9 #11/248 Huntsville 34.9 #42/248 Anniston-Oxford 41.6 #79/248 Gadsden 48.8 #126/248 Mobile 57.1 #192/248

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 Florence-Muscle Shoals's healthcare and social assistance sector, the employment growth component (92.3) 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.