NAICS 62

Healthcare and Social Assistance in Olympia-Lacey-Tumwater, WA

Metro Market Score 56.4 (Challenging), ranked #188 of 248 metros. 925 establishments, 16,427 jobs.

Metro Market Assessment

Metro Market Score 56.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

💰High-Cost Market

Olympia-Lacey-Tumwater scores 56.4 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
21.8
LQ: 0.89
Rank #54 of 248 metros
Wage Competitiveness
76.6
$68,006 avg wage
Growth Trend
↓ 27.8
Employment growth index
Rank #180 of 248 metros
Wage Pressure
50.5
YoY wage change index

925 Healthcare and Social Assistance Firms in Olympia-Lacey-Tumwater

925
Establishments
+5.6% YoY
16,427
Total Employment
+2.1% YoY
$68,006
Average Annual Wage
+5.1% YoY
0.89
Location Quotient
Below national avg

Olympia-Lacey-Tumwater vs Washington Statewide

How this metro's healthcare and social assistance market compares to Washington overall. The state ranks #45/51 for entry risk.

Measure Olympia-Lacey-Tumwater WA Statewide
Overall Score 56.4 Challenging 52.3 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #188 of 248 metros #45 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 Olympia-Lacey-Tumwater

Accommodation and Food Services 43.8 Real Estate and Rental and Leasing 47.3 Finance and Insurance 47.4 Administrative and Support Services 52.6 Construction 64.3 Information 64.9 Retail Trade 69.2 Other Services 69.5 Professional, Scientific, and Technical Services 71.5

Healthcare and Social Assistance in Other Washington Metros

Kennewick-Richland 36.5 #52/248 Mount Vernon-Anacortes 36.8 #55/248 Bellingham 50.5 #138/248 Bremerton-Silverdale-Port Orchard 51.2 #142/248 Walla Walla 52.5 #154/248 Wenatchee-East Wenatchee 52.9 #157/248 Yakima 53.7 #160/248 Longview-Kelso 56.3 #186/248 Seattle-Tacoma-Bellevue 56.6 #189/248 Spokane-Spokane Valley 68.7 #234/248

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 Olympia-Lacey-Tumwater's healthcare and social assistance sector, the employment growth component (72.2) 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.