NAICS 62

Healthcare and Social Assistance in Hammond, LA

Metro Market Score 41.8 (Moderate), ranked #80 of 248 metros. 548 establishments, 7,001 jobs.

Metro Market Assessment

Metro Market Score 41.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Healthcare and Social Assistance wages in Hammond run well below the metro average (competitiveness index: 2.0), and year-over-year wage pressure is low at 31.9. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
45.2
LQ: 1.03
Rank #112 of 248 metros
Wage Competitiveness
2.0
$40,788 avg wage
Growth Trend
21.4
Employment growth index
Rank #196 of 248 metros
Wage Pressure
31.9
YoY wage change index

548 Healthcare and Social Assistance Firms in Hammond

548
Establishments
+7.5% YoY
7,001
Total Employment
+1.2% YoY
$40,788
Average Annual Wage
+1.2% YoY
1.03
Location Quotient
Above national avg
Within Louisiana
#1 of 3
healthcare and social assistance metros in state
Louisiana state rank
#16 of 51
for healthcare and social assistance entry risk
vs State Median
-0.1
better than median (41.8)

Hammond vs Louisiana Statewide

How this metro's healthcare and social assistance market compares to Louisiana overall. The state ranks #16/51 for entry risk.

Measure Hammond LA Statewide
Overall Score 41.8 Moderate 34.6 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #80 of 248 metros #16 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 Hammond

Healthcare and Social Assistance in Other Louisiana Metros

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Hammond's 41.8 score. Useful when comparing markets with comparable entry profiles.

Healthcare and Social Assistance in States Bordering Louisiana

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

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 Hammond's healthcare and social assistance sector, the employment growth component (78.6) 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.