NAICS 51

Information in Springfield, MA

Metro Market Score 58.5 (Challenging), ranked #227 of 294 metros. 156 establishments, 1,770 jobs.

Metro Market Assessment

Metro Market Score 58.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national information average.

Springfield's information sector saw employment decline over the past year (growth trend: 1.4). That contraction, combined with a 58.5 market score, puts this metro in the bottom quartile for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
51.0
LQ: 0.47
Rank #150 of 294 metros
Wage Competitiveness
51.7
$77,714 avg wage
Growth Trend
1.4
Employment growth index
Rank #291 of 294 metros
Wage Pressure
16.1
YoY wage change index

156 Information Firms in Springfield

156
Establishments
-46.6% YoY
1,770
Total Employment
-31.6% YoY
$77,714
Average Annual Wage
-1.5% YoY
0.47
Location Quotient
Below national avg
Within Massachusetts
#4 of 6
information metros in state
Massachusetts state rank
#17 of 51
for information entry risk
vs State Median
0.0
matches median (58.5)

Springfield vs Massachusetts Statewide

How this metro's information market compares to Massachusetts overall. The state ranks #17/51 for entry risk.

Measure Springfield MA Statewide
Overall Score 58.5 Challenging 40.2 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #227 of 294 metros #17 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 Springfield

Information in Other Massachusetts Metros

Information Metros With Similar Conditions

Metros within 5 points of Springfield's 58.5 score. Useful when comparing markets with comparable entry profiles.

Information in States Bordering Massachusetts

State-level entry risk for information in adjacent states. Use this to weigh cross-border options.

Browse Information in Other States

State-level entry risk reports for information 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 Springfield's information sector, the employment growth component (98.6) 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.