NAICS 62

Healthcare and Social Assistance in Grand Rapids-Wyoming-Kentwood, MI

Metro Market Score 40.7 (Moderate), ranked #71 of 248 metros. 2,834 establishments, 82,391 jobs.

Metro Market Assessment

Metro Market Score 40.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Grand Rapids-Wyoming-Kentwood has a relatively low concentration of healthcare and social assistance firms (index: 33.9) paired with positive employment growth. This suggests an underpenetrated market where demand may outpace current supply.

Industry Concentration
33.9
LQ: 0.97
Rank #84 of 248 metros
Wage Competitiveness
52.4
$63,489 avg wage
Growth Trend
↑ 64.9
Employment growth index
Rank #88 of 248 metros
Wage Pressure
42.9
YoY wage change index

2,834 Healthcare and Social Assistance Firms in Grand Rapids-Wyoming-Kentwood

2,834
Establishments
+5.6% YoY
82,391
Total Employment
+4.3% YoY
$63,489
Average Annual Wage
+3.5% YoY
0.97
Location Quotient
Below national avg

Grand Rapids-Wyoming-Kentwood 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 Grand Rapids-Wyoming-Kentwood MI Statewide
Overall Score 40.7 Moderate 52.5 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #71 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 Grand Rapids-Wyoming-Kentwood

Real Estate and Rental and Leasing 30.2 Accommodation and Food Services 35.3 Retail Trade 37.1 Finance and Insurance 47.8 Information 48.9 Other Services 52.8

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 Ann Arbor 42.4 #83/248 Midland 46.0 #105/248 Detroit-Warren-Dearborn 48.6 #125/248 Bay City 51.6 #147/248 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 Grand Rapids-Wyoming-Kentwood's healthcare and social assistance sector, the wage competitiveness component (52.4) 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.