NAICS 62

Healthcare and Social Assistance in Trenton-Princeton, NJ

Metro Market Score 44.7 (Moderate), ranked #97 of 248 metros. 2,123 establishments, 28,730 jobs.

Metro Market Score 44.7

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

💰High-Cost Market🌱Emerging Market

Few healthcare and social assistance firms have established themselves in Trenton-Princeton yet. The concentration index of 11.3 is well below the metro median, while employment growth is positive (trend: 63.7). That combination points to a market still building out.

Industry Concentration

11.3

LQ: 0.76

Rank #28 of 248 metros

Wage Competitiveness

89.9

$70,701 avg wage

Growth Trend

↑ 63.7

Employment growth index

Rank #91 of 248 metros

Wage Pressure

42.4

YoY wage change index

2,123 Healthcare and Social Assistance Firms in Trenton-Princeton

2,123

Establishments

+5.8% YoY

28,730

Total Employment

+4.2% YoY

$70,701

Average Annual Wage

+3.4% YoY

0.76

Location Quotient

Below national avg

Within New Jersey

#2 of 3

healthcare and social assistance metros in state

New Jersey state rank

#34 of 51

for healthcare and social assistance entry risk

vs State Median

0.0

matches median (44.7)

Trenton-Princeton vs New Jersey Statewide

How this metro's healthcare and social assistance market compares to New Jersey overall. The state ranks #34/51 for entry risk.

Measure	Trenton-Princeton	NJ Statewide
Overall Score	44.7 Moderate	45.1 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#97 of 248 metros	#34 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 Trenton-Princeton

Retail Trade 42.0 Administrative and Support Services 42.0 Accommodation and Food Services 46.1 Construction 55.1 Real Estate and Rental and Leasing 59.5 Professional, Scientific, and Technical Services 62.8 Other Services 66.4 Finance and Insurance 74.4 Information 75.7

Healthcare and Social Assistance in Other New Jersey Metros

Atlantic City-Hammonton 32.8 #33/248 Vineland 45.0 #99/248

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Trenton-Princeton's 44.7 score. Useful when comparing markets with comparable entry profiles.

Sheboygan, WI 44.6 #96/248 Lake Havasu City-Kingman, AZ 44.8 #98/248 Kenosha, WI 44.4 #95/248 Vineland, NJ 45.0 #99/248 Naples-Marco Island, FL 45.1 #100/248 Bloomington, IL 44.2 #94/248 Chico, CA 45.3 #101/248 Grand Junction, CO 44.1 #93/248 Elmira, NY 45.6 #102/248 Florence-Muscle Shoals, AL 43.7 #92/248

Healthcare and Social Assistance in States Bordering New Jersey

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

Pennsylvania 29.5 #6/51 Delaware 44.8 #33/51 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 Trenton-Princeton's healthcare and social assistance sector, the wage competitiveness component (89.9) 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 Trenton-Princeton, NJ MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment