NAICS 62

Healthcare and Social Assistance in Philadelphia-Camden-Wilmington, PA

Metro Market Score 53.2 (Challenging), ranked #158 of 248 metros. 29,256 establishments, 583,372 jobs.

Metro Market Assessment

Metro Market Score 53.2
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

With a 1.42 location quotient, Philadelphia-Camden-Wilmington has an outsized healthcare and social assistance presence relative to its population. That concentration (index: 88.3) creates a mature local market where supplier networks are established but differentiation matters more.

Industry Concentration
88.3
LQ: 1.42
Rank #219 of 248 metros
Wage Competitiveness
62.1
$65,312 avg wage
Growth Trend
72.2
Employment growth index
Rank #70 of 248 metros
Wage Pressure
36.2
YoY wage change index

29,256 Healthcare and Social Assistance Firms in Philadelphia-Camden-Wilmington

29,256
Establishments
+2.2% YoY
583,372
Total Employment
+5.0% YoY
$65,312
Average Annual Wage
+2.1% YoY
1.42
Location Quotient
Above national avg
Within Pennsylvania
#8 of 16
healthcare and social assistance metros in state
Pennsylvania state rank
#6 of 51
for healthcare and social assistance entry risk
vs State Median
-0.3
better than median (53.5)

Philadelphia-Camden-Wilmington vs Pennsylvania Statewide

How this metro's healthcare and social assistance market compares to Pennsylvania overall. The state ranks #6/51 for entry risk.

Measure Philadelphia-Camden-Wilmington PA Statewide
Overall Score 53.2 Challenging 29.5 Low
Score Type Metro Market Score Entry Risk Score
Rank #158 of 248 metros #6 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 Philadelphia-Camden-Wilmington

Healthcare and Social Assistance in Other Pennsylvania Metros

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Philadelphia-Camden-Wilmington's 53.2 score. Useful when comparing markets with comparable entry profiles.

Healthcare and Social Assistance in States Bordering Pennsylvania

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 Philadelphia-Camden-Wilmington's healthcare and social assistance sector, the industry concentration component (88.3) 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.