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 Assessment

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

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 →

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

Data period: 2024. Last updated: April 2026.