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 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

Within Alabama

#6 of 7

healthcare and social assistance metros in state

Alabama state rank

#31 of 51

for healthcare and social assistance entry risk

vs State Median

+7.1

worse than median (41.6)

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

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Gadsden's 48.8 score. Useful when comparing markets with comparable entry profiles.

Detroit-Warren-Dearborn, MI 48.6 #125/248 Albuquerque, NM 48.6 #124/248 Amherst Town-Northampton, MA 49.1 #127/248 Harrisonburg, VA 49.1 #128/248 Slidell-Mandeville-Covington, LA 48.3 #123/248 Santa Cruz-Watsonville, CA 49.2 #129/248 Lewiston-Auburn, ME 49.3 #130/248 Sebastian-Vero Beach-West Vero Corridor, FL 49.5 #131/248 Bozeman, MT 47.9 #122/248 Baltimore-Columbia-Towson, MD 47.8 #121/248

Healthcare and Social Assistance in States Bordering Alabama

State-level entry risk for healthcare and social assistance in adjacent states. Use this to weigh cross-border options.

Mississippi 38.3 #23/51 Georgia 43.3 #28/51 Florida 47.2 #37/51 Tennessee 47.4 #38/51

Browse Healthcare and Social Assistance in Other States

State-level entry risk reports for healthcare and social assistance 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 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Gadsden, AL MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment