NAICS 62

Healthcare and Social Assistance in New York-Newark-Jersey City, NY

Metro Market Score 57.5 (Challenging), ranked #194 of 248 metros. 83,768 establishments, 1,819,799 jobs.

Metro Market Assessment

Metro Market Score 57.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

New York-Newark-Jersey City scores 57.5 on the Metro Market Score for healthcare and social assistance, placing it in the bottom quartile. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
84.7
LQ: 1.34
Rank #210 of 248 metros
Wage Competitiveness
63.3
$65,424 avg wage
Growth Trend
54.0
Employment growth index
Rank #115 of 248 metros
Wage Pressure
33.3
YoY wage change index

83,768 Healthcare and Social Assistance Firms in New York-Newark-Jersey City

83,768
Establishments
+1.7% YoY
1,819,799
Total Employment
+3.6% YoY
$65,424
Average Annual Wage
+1.5% YoY
1.34
Location Quotient
Above national avg
Within New York
#9 of 11
healthcare and social assistance metros in state
New York state rank
#39 of 51
for healthcare and social assistance entry risk
vs State Median
+6.8
worse than median (50.7)

New York-Newark-Jersey City vs New York Statewide

How this metro's healthcare and social assistance market compares to New York overall. The state ranks #39/51 for entry risk.

Measure New York-Newark-Jersey City NY Statewide
Overall Score 57.5 Challenging 48.2 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #194 of 248 metros #39 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 New York-Newark-Jersey City

Healthcare and Social Assistance in Other New York Metros

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of New York-Newark-Jersey City's 57.5 score. Useful when comparing markets with comparable entry profiles.

Healthcare and Social Assistance in States Bordering New York

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

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 New York-Newark-Jersey City's healthcare and social assistance sector, the industry concentration component (84.7) 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.