NAICS 51

Information in Florence, SC

Metro Market Score 47.0 (Moderate), ranked #170 of 294 metros. 55 establishments, 576 jobs.

Metro Market Score 47.0

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national information average.

At #170 of 294 metros, Florence's information sector scores 47.0 on the market index. Concentration (27.9), wage levels (51.0), and growth (22.1) all track close to the median. Local factors like lease costs and client access will matter more than macro signals.

Industry Concentration

27.9

LQ: 0.35

Rank #82 of 294 metros

Wage Competitiveness

51.0

$77,445 avg wage

Growth Trend

↓ 22.1

Employment growth index

Rank #230 of 294 metros

Wage Pressure

19.6

YoY wage change index

55 Information Firms in Florence

Establishments

-5.2% YoY

576

Total Employment

-6.8% YoY

$77,445

Average Annual Wage

+2.4% YoY

0.35

Location Quotient

Below national avg

Within South Carolina

#2 of 6

information metros in state

South Carolina state rank

#29 of 51

for information entry risk

vs State Median

-8.1

better than median (55.1)

Florence vs South Carolina Statewide

How this metro's information market compares to South Carolina overall. The state ranks #29/51 for entry risk.

Measure	Florence	SC Statewide
Overall Score	47.0 Moderate	46.3 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#170 of 294 metros	#29 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 Florence

Construction 26.4 Real Estate and Rental and Leasing 34.7 Healthcare and Social Assistance 34.8 Professional, Scientific, and Technical Services 44.1 Finance and Insurance 47.3 Accommodation and Food Services 47.5 Other Services 50.7 Administrative and Support Services 53.4 Retail Trade 61.9

Information in Other South Carolina Metros

Sumter 27.0 #46/294 Hilton Head Island-Bluffton-Port Royal 52.8 #203/294 Greenville-Anderson-Greer 55.1 #216/294 Myrtle Beach-Conway-North Myrtle Beach 64.8 #258/294 Charleston-North Charleston 73.8 #286/294

Information Metros With Similar Conditions

Metros within 5 points of Florence's 47.0 score. Useful when comparing markets with comparable entry profiles.

Greenville, NC 46.9 #169/294 Salisbury, MD 47.2 #171/294 Janesville-Beloit, WI 47.3 #172/294 Santa Rosa-Petaluma, CA 46.7 #168/294 Mount Vernon-Anacortes, WA 47.3 #173/294 Fond du Lac, WI 47.4 #174/294 Riverside-San Bernardino-Ontario, CA 46.6 #167/294 Winchester, VA 47.6 #175/294 Rockford, IL 46.5 #166/294 Abilene, TX 46.4 #164/294

Information in States Bordering South Carolina

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

North Carolina 45.3 #28/51 Georgia 48.9 #39/51

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 Florence's information sector, the employment growth component (77.9) 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 Florence, SC MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment