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 Assessment

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 GrowthFavorable 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

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

Other Services in Other Alabama 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 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

Data period: 2024. Last updated: April 2026.