NAICS 62

Healthcare and Social Assistance in Gadsden, AL

Metro Market Score 48.8 (Challenging), ranked #126 of 248 metros. 454 establishments, 6,994 jobs.

Metro Market Assessment

Metro Market Score 48.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Gadsden is a specialized hub for healthcare and social assistance, with a location quotient of 1.48 and industry concentration in the lower half. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
93.2
LQ: 1.48
Rank #231 of 248 metros
Wage Competitiveness
18.1
$56,095 avg wage
Growth Trend
↑ 55.6
Employment growth index
Rank #111 of 248 metros
Wage Pressure
38.1
YoY wage change index

454 Healthcare and Social Assistance Firms in Gadsden

454
Establishments
+0.9% YoY
6,994
Total Employment
+3.8% YoY
$56,095
Average Annual Wage
+2.5% YoY
1.48
Location Quotient
Above national avg

Gadsden 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 Gadsden AL Statewide
Overall Score 48.8 Challenging 43.6 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #126 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 Gadsden

Construction 14.3 Real Estate and Rental and Leasing 28.8 Finance and Insurance 29.2 Information 35.4 Professional, Scientific, and Technical Services 35.5 Administrative and Support Services 39.0 Retail Trade 41.9 Other Services 42.3 Accommodation and Food Services 55.7

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 Florence-Muscle Shoals 43.7 #92/248 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 Gadsden's healthcare and social assistance sector, the industry concentration component (93.2) 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

Data period: 2024. Last updated: April 2026.