NAICS 62

Healthcare and Social Assistance in Reading, PA

Metro Market Score 58.1 (Challenging), ranked #198 of 248 metros. 1,122 establishments, 29,387 jobs.

Metro Market Assessment

Metro Market Score 58.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Reading scores 58.1 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
67.3
LQ: 1.18
Rank #167 of 248 metros
Wage Competitiveness
74.6
$67,565 avg wage
Growth Trend
46.4
Employment growth index
Rank #134 of 248 metros
Wage Pressure
32.9
YoY wage change index

1,122 Healthcare and Social Assistance Firms in Reading

1,122
Establishments
-4.2% YoY
29,387
Total Employment
+3.2% YoY
$67,565
Average Annual Wage
+1.4% YoY
1.18
Location Quotient
Above national avg
Within Pennsylvania
#13 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
+4.6
worse than median (53.5)

Reading 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 Reading PA Statewide
Overall Score 58.1 Challenging 29.5 Low
Score Type Metro Market Score Entry Risk Score
Rank #198 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 Reading

Healthcare and Social Assistance in Other Pennsylvania Metros

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Reading's 58.1 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 Reading's healthcare and social assistance sector, the wage competitiveness component (74.6) 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.