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 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

Within Connecticut

#2 of 5

healthcare and social assistance metros in state

Connecticut state rank

#8 of 51

for healthcare and social assistance entry risk

vs State Median

-9.7

better than median (69.2)

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

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Waterbury-Shelton's 59.5 score. Useful when comparing markets with comparable entry profiles.

Fargo, ND 59.5 #204/248 Johnstown, PA 59.5 #203/248 Owensboro, KY 59.2 #202/248 Rapid City, SD 59.9 #206/248 Binghamton, NY 58.7 #201/248 Milwaukee-Waukesha, WI 58.5 #200/248 Sebring, FL 60.8 #207/248 Flint, MI 60.8 #208/248 Port St. Lucie, FL 58.2 #199/248 Reading, PA 58.1 #198/248

Healthcare and Social Assistance in States Bordering Connecticut

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

Rhode Island 36.0 #17/51 New York 48.2 #39/51 Massachusetts 48.4 #40/51

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 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

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

Data period: 2024. Last updated: April 2026.

Metro Market Assessment