NAICS 62

Healthcare and Social Assistance in Monroe, MI

Metro Market Score 27.3 (Favorable), ranked #17 of 248 metros. 332 establishments, 4,683 jobs.

Metro Market Score 27.3

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

✓Favorable Market🌱Emerging Market

Monroe has a relatively low concentration of healthcare and social assistance firms (index: 13.3) paired with positive employment growth. This suggests an underpenetrated market where demand may outpace current supply.

Industry Concentration

13.3

LQ: 0.79

Rank #33 of 248 metros

Wage Competitiveness

10.5

$52,879 avg wage

Growth Trend

↑ 56.5

Employment growth index

Rank #109 of 248 metros

Wage Pressure

41.4

YoY wage change index

332 Healthcare and Social Assistance Firms in Monroe

332

Establishments

-4.9% YoY

4,683

Total Employment

+3.8% YoY

$52,879

Average Annual Wage

+3.2% YoY

0.79

Location Quotient

Below national avg

Within Michigan

#2 of 14

healthcare and social assistance metros in state

Michigan state rank

#46 of 51

for healthcare and social assistance entry risk

vs State Median

-18.7

better than median (46.0)

Monroe 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	Monroe	MI Statewide
Overall Score	27.3 Favorable	52.5 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#17 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 Monroe

Information 15.5 Finance and Insurance 17.3 Real Estate and Rental and Leasing 19.6 Accommodation and Food Services 43.1 Construction 45.3 Other Services 52.0 Retail Trade 55.1 Administrative and Support Services 72.5

Healthcare and Social Assistance in Other Michigan Metros

Niles 26.7 #13/248 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 Bay City 51.6 #147/248 Jackson 56.1 #185/248

+ 3 more metros. View all in Michigan →

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Monroe's 27.3 score. Useful when comparing markets with comparable entry profiles.

Cheyenne, WY 27.6 #18/248 Riverside-San Bernardino-Ontario, CA 27.0 #16/248 Oxnard-Thousand Oaks-Ventura, CA 26.9 #15/248 Stockton-Lodi, CA 26.8 #14/248 Niles, MI 26.7 #13/248 Greeley, CO 26.6 #12/248 Daphne-Fairhope-Foley, AL 25.9 #11/248 Racine-Mount Pleasant, WI 28.9 #19/248 Lawton, OK 29.4 #20/248 Spartanburg, SC 30.4 #21/248

Healthcare and Social Assistance in States Bordering Michigan

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

Indiana 31.2 #10/51 Ohio 40.2 #26/51 Wisconsin 43.4 #29/51

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 Monroe's healthcare and social assistance sector, the employment growth component (43.5) 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 Monroe, MI MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment