NAICS 62

Healthcare and Social Assistance in Springfield, MA

Metro Market Score 71.4 (Difficult), ranked #240 of 248 metros. 10,010 establishments, 52,939 jobs.

Metro Market Score 71.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

🏭Industry Hub

With a 1.83 location quotient, Springfield has an outsized healthcare and social assistance presence relative to its population. That concentration (index: 98.4) creates a mature local market where supplier networks are established but differentiation matters more.

Industry Concentration

98.4

LQ: 1.83

Rank #244 of 248 metros

Wage Competitiveness

27.8

$58,014 avg wage

Growth Trend

↓ 2.0

Employment growth index

Rank #244 of 248 metros

Wage Pressure

52.4

YoY wage change index

10,010 Healthcare and Social Assistance Firms in Springfield

10,010

Establishments

-17.8% YoY

52,939

Total Employment

-16.7% YoY

$58,014

Average Annual Wage

+5.5% YoY

1.83

Location Quotient

Above national avg

Within Massachusetts

#5 of 6

healthcare and social assistance metros in state

Massachusetts state rank

#40 of 51

for healthcare and social assistance entry risk

vs State Median

+1.1

worse than median (70.3)

Springfield vs Massachusetts Statewide

How this metro's healthcare and social assistance market compares to Massachusetts overall. The state ranks #40/51 for entry risk.

Measure	Springfield	MA Statewide
Overall Score	71.4 Difficult	48.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#240 of 248 metros	#40 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 Springfield

Information 58.5 Real Estate and Rental and Leasing 60.2 Administrative and Support Services 61.3 Professional, Scientific, and Technical Services 62.6 Accommodation and Food Services 65.4 Construction 65.7 Retail Trade 67.8 Other Services 73.3 Finance and Insurance 82.0

Healthcare and Social Assistance in Other Massachusetts Metros

Amherst Town-Northampton 49.1 #127/248 Barnstable Town 68.2 #232/248 Pittsfield 69.7 #238/248 Boston-Cambridge-Newton 70.3 #239/248 Worcester 84.9 #248/248

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Springfield's 71.4 score. Useful when comparing markets with comparable entry profiles.

Boston-Cambridge-Newton, MA 70.3 #239/248 Pittsfield, MA 69.7 #238/248 Cleveland, OH 69.5 #237/248 Hartford-West Hartford-East Hartford, CT 69.2 #236/248 Rockford, IL 69.1 #235/248 Spokane-Spokane Valley, WA 68.7 #234/248 Grand Forks, ND 68.2 #233/248 Barnstable Town, MA 68.2 #232/248 Great Falls, MT 68.1 #231/248 Kiryas Joel-Poughkeepsie-Newburgh, NY 67.9 #230/248

Healthcare and Social Assistance in States Bordering Massachusetts

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

Connecticut 30.9 #8/51 Rhode Island 36.0 #17/51 New Hampshire 36.6 #19/51 Vermont 36.7 #20/51 New York 48.2 #39/51

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 Springfield's healthcare and social assistance sector, the employment growth component (98.0) 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 Springfield, MA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment