NAICS 81

Other Services in Florence-Muscle Shoals, AL

Metro Market Score 29.4 (Favorable), ranked #20 of 332 metros. 242 establishments, 1,213 jobs.

Metro Market Score 29.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

ⓘ Lower is better. Relative to national other services average.

📈Rapid Growth✓Favorable Market🌱Emerging Market

Florence-Muscle Shoals ranks in the top 10% for other services market conditions, driven by above-average employment growth. With a market score of 29.4, conditions are relatively favorable compared to most metros.

Industry Concentration

12.3

LQ: 0.73

Rank #41 of 332 metros

Wage Competitiveness

38.0

$43,043 avg wage

Growth Trend

↑ 82.8

Employment growth index

Rank #58 of 332 metros

Wage Pressure

58.6

YoY wage change index

242 Other Services Firms in Florence-Muscle Shoals

242

Establishments

+4.8% YoY

1,213

Total Employment

+4.7% YoY

$43,043

Average Annual Wage

+5.6% YoY

0.73

Location Quotient

Below national avg

Within Alabama

#3 of 9

other services metros in state

Alabama state rank

#11 of 51

for other services entry risk

vs State Median

-17.1

better than median (46.5)

Florence-Muscle Shoals vs Alabama Statewide

How this metro's other services market compares to Alabama overall. The state ranks #11/51 for entry risk.

Measure	Florence-Muscle Shoals	AL Statewide
Overall Score	29.4 Favorable	38.1 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#20 of 332 metros	#11 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-Muscle Shoals

Real Estate and Rental and Leasing 26.8 Information 29.8 Accommodation and Food Services 40.7 Construction 41.5 Finance and Insurance 43.2 Healthcare and Social Assistance 43.7 Administrative and Support Services 46.7 Retail Trade 61.9

Other Services in Other Alabama Metros

Huntsville 23.1 #6/332 Anniston-Oxford 28.3 #15/332 Gadsden 42.3 #91/332 Tuscaloosa 46.5 #130/332 Decatur 56.2 #211/332 Mobile 58.3 #232/332 Daphne-Fairhope-Foley 59.7 #247/332 Birmingham 66.8 #295/332

Other Services Metros With Similar Conditions

Metros within 5 points of Florence-Muscle Shoals's 29.4 score. Useful when comparing markets with comparable entry profiles.

Gainesville, GA 29.6 #21/332 Morristown, TN 29.2 #19/332 Eagle Pass, TX 29.7 #22/332 Rocky Mount, NC 29.9 #23/332 Ocala, FL 28.9 #18/332 Pueblo, CO 30.1 #24/332 Lake Charles, LA 28.8 #17/332 McAllen-Edinburg-Mission, TX 30.1 #25/332 Brownsville-Harlingen, TX 30.1 #26/332 State College, PA 30.2 #27/332

Other Services in States Bordering Alabama

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

Mississippi 35.9 #8/51 Tennessee 40.5 #18/51 Georgia 47.2 #32/51 Florida 48.1 #35/51

Browse Other Services in Other States

State-level entry risk reports for other services 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-Muscle Shoals's other services sector, the wage pressure component (58.6) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Florence-Muscle Shoals, AL MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment