NAICS 62

Healthcare and Social Assistance in Waterbury-Shelton, CT

Metro Market Score 59.5 (Challenging), ranked #205 of 248 metros. 2,542 establishments, 32,702 jobs.

Metro Market Assessment

Metro Market Score 59.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

With a 1.42 location quotient, Waterbury-Shelton has an outsized healthcare and social assistance presence relative to its population. That concentration (index: 89.1) creates a mature local market where supplier networks are established but differentiation matters more.

Industry Concentration
89.1
LQ: 1.42
Rank #221 of 248 metros
Wage Competitiveness
29.8
$58,696 avg wage
Growth Trend
↓ 18.1
Employment growth index
Rank #204 of 248 metros
Wage Pressure
26.2
YoY wage change index

2,542 Healthcare and Social Assistance Firms in Waterbury-Shelton

2,542
Establishments
+100.0% YoY
32,702
Total Employment
+0.0% YoY
$58,696
Average Annual Wage
+0.0% YoY
1.42
Location Quotient
Above national avg

Waterbury-Shelton vs Connecticut Statewide

How this metro's healthcare and social assistance market compares to Connecticut overall. The state ranks #8/51 for entry risk.

Measure Waterbury-Shelton CT Statewide
Overall Score 59.5 Challenging 30.9 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #205 of 248 metros #8 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 Waterbury-Shelton

Accommodation and Food Services 45.0 Real Estate and Rental and Leasing 46.1 Other Services 51.2 Finance and Insurance 54.0 Administrative and Support Services 55.7 Construction 56.6 Professional, Scientific, and Technical Services 58.3 Retail Trade 58.4 Information 59.9

Healthcare and Social Assistance in Other Connecticut Metros

Norwich-New London-Willimantic 35.3 #45/248 Hartford-West Hartford-East Hartford 69.2 #236/248 Bridgeport-Stamford-Danbury 75.2 #241/248 New Haven 80.3 #247/248

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 Waterbury-Shelton's healthcare and social assistance sector, the employment growth component (81.8) 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.