NAICS 62

Healthcare and Social Assistance in Florence, SC

Metro Market Score 34.8 (Favorable), ranked #40 of 248 metros. 690 establishments, 12,081 jobs.

Metro Market Score 34.8

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

Florence ranks in the top quartile for healthcare and social assistance market conditions, driven by above-average employment growth. With a market score of 34.8, conditions are relatively favorable compared to most metros.

Industry Concentration

31.1

LQ: 0.95

Rank #77 of 248 metros

Wage Competitiveness

30.6

$58,799 avg wage

Growth Trend

↑ 73.4

Employment growth index

Rank #67 of 248 metros

Wage Pressure

57.1

YoY wage change index

690 Healthcare and Social Assistance Firms in Florence

690

Establishments

+8.0% YoY

12,081

Total Employment

+5.1% YoY

$58,799

Average Annual Wage

+6.5% YoY

0.95

Location Quotient

Below national avg

Within South Carolina

#3 of 7

healthcare and social assistance metros in state

South Carolina state rank

#12 of 51

for healthcare and social assistance entry risk

vs State Median

-0.2

better than median (35.0)

Florence vs South Carolina Statewide

How this metro's healthcare and social assistance market compares to South Carolina overall. The state ranks #12/51 for entry risk.

Measure	Florence	SC Statewide
Overall Score	34.8 Favorable	31.5 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#40 of 248 metros	#12 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 Florence

Construction 26.4 Real Estate and Rental and Leasing 34.7 Professional, Scientific, and Technical Services 44.1 Information 47.0 Finance and Insurance 47.3 Accommodation and Food Services 47.5 Other Services 50.7 Administrative and Support Services 53.4 Retail Trade 61.9

Healthcare and Social Assistance in Other South Carolina Metros

Spartanburg 30.4 #21/248 Sumter 32.6 #32/248 Greenville-Anderson-Greer 35.0 #44/248 Charleston-North Charleston 36.4 #51/248 Hilton Head Island-Bluffton-Port Royal 39.2 #66/248 Myrtle Beach-Conway-North Myrtle Beach 56.1 #184/248

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Florence's 34.8 score. Useful when comparing markets with comparable entry profiles.

San Luis Obispo-Paso Robles, CA 34.9 #41/248 Huntsville, AL 34.9 #42/248 Odessa, TX 35.0 #43/248 Joplin, MO 34.7 #39/248 Kokomo, IN 34.6 #38/248 Greenville-Anderson-Greer, SC 35.0 #44/248 Grants Pass, OR 34.5 #37/248 Norwich-New London-Willimantic, CT 35.3 #45/248 Raleigh-Cary, NC 35.4 #46/248 Lansing-East Lansing, MI 34.2 #36/248

Healthcare and Social Assistance in States Bordering South Carolina

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

North Carolina 33.0 #14/51 Georgia 43.3 #28/51

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 Florence's healthcare and social assistance sector, the wage pressure component (57.1) 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 Florence, SC MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment