NAICS 62

Healthcare and Social Assistance in Sherman-Denison, TX

Metro Market Score 75.5 (Difficult), ranked #243 of 248 metros. 546 establishments, 9,322 jobs.

Metro Market Score 75.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

Sherman-Denison's healthcare and social assistance sector saw employment decline over the past year (growth trend: 8.1). That contraction, combined with a 75.5 market score, puts this metro in the bottom 10% for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

76.6

LQ: 1.25

Rank #190 of 248 metros

Wage Competitiveness

67.3

$65,981 avg wage

Growth Trend

↓ 8.1

Employment growth index

Rank #229 of 248 metros

Wage Pressure

59.5

YoY wage change index

546 Healthcare and Social Assistance Firms in Sherman-Denison

546

Establishments

-5.5% YoY

9,322

Total Employment

-0.6% YoY

$65,981

Average Annual Wage

+7.0% YoY

1.25

Location Quotient

Above national avg

Within Texas

#11 of 11

healthcare and social assistance metros in state

Texas state rank

#36 of 51

for healthcare and social assistance entry risk

vs State Median

+29.4

worse than median (46.0)

Sherman-Denison vs Texas Statewide

How this metro's healthcare and social assistance market compares to Texas overall. The state ranks #36/51 for entry risk.

Measure	Sherman-Denison	TX Statewide
Overall Score	75.5 Difficult	46.8 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#243 of 248 metros	#36 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 Sherman-Denison

Professional, Scientific, and Technical Services 20.8 Information 24.7 Real Estate and Rental and Leasing 26.0 Finance and Insurance 39.2 Construction 43.0 Retail Trade 50.5 Administrative and Support Services 51.5 Accommodation and Food Services 60.5 Other Services 66.0

Healthcare and Social Assistance in Other Texas Metros

Midland 21.9 #9/248 El Paso 30.7 #22/248 Odessa 35.0 #43/248 Austin-Round Rock-San Marcos 39.0 #65/248 Beaumont-Port Arthur 39.8 #68/248 Laredo 46.0 #106/248 Dallas-Fort Worth-Arlington 54.3 #170/248 McAllen-Edinburg-Mission 55.7 #175/248 Brownsville-Harlingen 56.0 #182/248 Tyler 62.1 #215/248

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Sherman-Denison's 75.5 score. Useful when comparing markets with comparable entry profiles.

Pinehurst-Southern Pines, NC 75.2 #242/248 Bridgeport-Stamford-Danbury, CT 75.2 #241/248 Kalamazoo-Portage, MI 75.8 #244/248 Salisbury, MD 77.0 #245/248 Springfield, MA 71.4 #240/248 Morgantown, WV 80.0 #246/248 New Haven, CT 80.3 #247/248

Healthcare and Social Assistance in States Bordering Texas

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

Louisiana 34.6 #16/51 Arkansas 39.5 #24/51 Oklahoma 49.7 #41/51 New Mexico 53.1 #47/51

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 Sherman-Denison's healthcare and social assistance sector, the employment growth component (91.9) 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 Sherman-Denison, TX MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment