NAICS 62

Healthcare and Social Assistance in Hanford-Corcoran, CA

Metro Market Score 31.8 (Favorable), ranked #26 of 248 metros. 3,227 establishments, 7,404 jobs.

Metro Market Assessment

Metro Market Score 31.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

Healthcare and Social Assistance wages in Hanford-Corcoran run well below the metro average (competitiveness index: 4.8), and year-over-year wage pressure is low at 20.0. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
43.5
LQ: 1.02
Rank #108 of 248 metros
Wage Competitiveness
4.8
$47,460 avg wage
Growth Trend
47.6
Employment growth index
Rank #131 of 248 metros
Wage Pressure
20.0
YoY wage change index

3,227 Healthcare and Social Assistance Firms in Hanford-Corcoran

3,227
Establishments
+19.5% YoY
7,404
Total Employment
+3.3% YoY
$47,460
Average Annual Wage
-1.3% YoY
1.02
Location Quotient
Above national avg

Hanford-Corcoran vs California Statewide

How this metro's healthcare and social assistance market compares to California overall. The state ranks #49/51 for entry risk.

Measure Hanford-Corcoran CA Statewide
Overall Score 31.8 Favorable 54.6 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #26 of 248 metros #49 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 Hanford-Corcoran

Healthcare and Social Assistance in Other California 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 Hanford-Corcoran's healthcare and social assistance sector, the employment growth component (52.4) 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.