NAICS 62

Healthcare and Social Assistance in Bay City, MI

Metro Market Score 51.6 (Challenging), ranked #147 of 248 metros. 309 establishments, 6,019 jobs.

Metro Market Assessment

Metro Market Score 51.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Labor costs are a clear advantage in Bay City's healthcare and social assistance sector. The wage competitiveness index of 8.9 puts it among the lowest-cost metros, and wage pressure at 36.2 suggests that gap is holding steady.

Industry Concentration
71.8
LQ: 1.23
Rank #178 of 248 metros
Wage Competitiveness
8.9
$51,257 avg wage
Growth Trend
↓ 19.4
Employment growth index
Rank #201 of 248 metros
Wage Pressure
36.2
YoY wage change index

309 Healthcare and Social Assistance Firms in Bay City

309
Establishments
-9.9% YoY
6,019
Total Employment
+0.6% YoY
$51,257
Average Annual Wage
+2.1% YoY
1.23
Location Quotient
Above national avg

Bay City vs Michigan Statewide

How this metro's healthcare and social assistance market compares to Michigan overall. The state ranks #46/51 for entry risk.

Measure Bay City MI Statewide
Overall Score 51.6 Challenging 52.5 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #147 of 248 metros #46 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 Bay City

Real Estate and Rental and Leasing 23.0 Construction 23.9 Other Services 30.8 Finance and Insurance 31.5 Information 36.2 Accommodation and Food Services 64.5 Professional, Scientific, and Technical Services 67.0 Retail Trade 69.3

Healthcare and Social Assistance in Other Michigan Metros

Niles 26.7 #13/248 Monroe 27.3 #17/248 Muskegon-Norton Shores 32.5 #31/248 Lansing-East Lansing 34.2 #36/248 Battle Creek 37.5 #59/248 Grand Rapids-Wyoming-Kentwood 40.7 #71/248 Ann Arbor 42.4 #83/248 Midland 46.0 #105/248 Detroit-Warren-Dearborn 48.6 #125/248 Jackson 56.1 #185/248

+ 3 more metros. View all in Michigan →

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 Bay City's healthcare and social assistance sector, the employment growth component (80.7) 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.