NAICS 51

Information in Miami-Fort Lauderdale-West Palm Beach, FL

Metro Market Score 64.0 (Difficult), ranked #253 of 294 metros. 5,778 establishments, 46,593 jobs.

Metro Market Assessment

Metro Market Score 64.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national information average.

💰High-Cost Market

Market conditions for information in Miami-Fort Lauderdale-West Palm Beach are tougher than average. The 64.0 market score reflects a combination of high labor costs, mixed growth signals, and an already crowded field. Rank: #253 of 294 metros.

Industry Concentration
89.5
LQ: 0.89
Rank #263 of 294 metros
Wage Competitiveness
90.5
$131,501 avg wage
Growth Trend
52.0
Employment growth index
Rank #142 of 294 metros
Wage Pressure
23.0
YoY wage change index

5,778 Information Firms in Miami-Fort Lauderdale-West Palm Beach

5,778
Establishments
-0.6% YoY
46,593
Total Employment
-2.3% YoY
$131,501
Average Annual Wage
+6.3% YoY
0.89
Location Quotient
Below national avg

Miami-Fort Lauderdale-West Palm Beach vs Florida Statewide

How this metro's information market compares to Florida overall. The state ranks #30/51 for entry risk.

Measure Miami-Fort Lauderdale-West Palm Beach FL Statewide
Overall Score 64.0 Difficult 46.5 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #253 of 294 metros #30 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 Miami-Fort Lauderdale-West Palm Beach

Information in Other Florida Metros

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 Miami-Fort Lauderdale-West Palm Beach's information sector, the wage competitiveness component (90.5) 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.