NAICS 62

Healthcare and Social Assistance in Springfield, OH

Metro Market Score 52.6 (Challenging), ranked #155 of 248 metros. 319 establishments, 6,776 jobs.

Metro Market Assessment

Metro Market Score 52.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Springfield's healthcare and social assistance sector saw employment decline over the past year (growth trend: 6.0). That contraction, combined with a 52.6 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
41.5
LQ: 1.01
Rank #103 of 248 metros
Wage Competitiveness
19.8
$56,859 avg wage
Growth Trend
6.0
Employment growth index
Rank #234 of 248 metros
Wage Pressure
45.2
YoY wage change index

319 Healthcare and Social Assistance Firms in Springfield

319
Establishments
-4.8% YoY
6,776
Total Employment
-2.2% YoY
$56,859
Average Annual Wage
+4.0% YoY
1.01
Location Quotient
Above national avg
Within Ohio
#3 of 7
healthcare and social assistance metros in state
Ohio state rank
#26 of 51
for healthcare and social assistance entry risk
vs State Median
-9.4
better than median (62.0)

Springfield vs Ohio Statewide

How this metro's healthcare and social assistance market compares to Ohio overall. The state ranks #26/51 for entry risk.

Measure Springfield OH Statewide
Overall Score 52.6 Challenging 40.2 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #155 of 248 metros #26 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 Springfield

Healthcare and Social Assistance in Other Ohio Metros

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Springfield's 52.6 score. Useful when comparing markets with comparable entry profiles.

Healthcare and Social Assistance in States Bordering Ohio

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 Springfield's healthcare and social assistance sector, the employment growth component (94.0) 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.