NAICS 62

Healthcare and Social Assistance in Cheyenne, WY

Metro Market Score 27.6 (Favorable), ranked #18 of 248 metros. 550 establishments, 4,605 jobs.

Metro Market Assessment

Metro Market Score 27.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

Favorable Market

Labor costs are a clear advantage in Cheyenne's healthcare and social assistance sector. The wage competitiveness index of 14.5 puts it among the lowest-cost metros, and wage pressure at 33.3 suggests that gap is holding steady.

Industry Concentration
5.7
LQ: 0.67
Rank #14 of 248 metros
Wage Competitiveness
14.5
$55,127 avg wage
Growth Trend
47.2
Employment growth index
Rank #132 of 248 metros
Wage Pressure
33.3
YoY wage change index

550 Healthcare and Social Assistance Firms in Cheyenne

550
Establishments
+4.0% YoY
4,605
Total Employment
+3.3% YoY
$55,127
Average Annual Wage
+1.5% YoY
0.67
Location Quotient
Below national avg
Within Wyoming
#1 of 2
healthcare and social assistance metros in state
Wyoming state rank
#18 of 51
for healthcare and social assistance entry risk
vs State Median
-23.9
better than median (51.4)

Cheyenne vs Wyoming Statewide

How this metro's healthcare and social assistance market compares to Wyoming overall. The state ranks #18/51 for entry risk.

Measure Cheyenne WY Statewide
Overall Score 27.6 Favorable 36.4 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #18 of 248 metros #18 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 Cheyenne

Healthcare and Social Assistance in Other Wyoming Metros

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Cheyenne's 27.6 score. Useful when comparing markets with comparable entry profiles.

Healthcare and Social Assistance in States Bordering Wyoming

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 Cheyenne's healthcare and social assistance sector, the employment growth component (52.8) 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.