NAICS 81

Other Services in Palm Bay-Melbourne-Titusville, FL

Metro Market Score 48.6 (Challenging), ranked #145 of 332 metros. 1,415 establishments, 6,770 jobs.

Metro Market Assessment

Metro Market Score 48.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national other services average.

Palm Bay-Melbourne-Titusville's other services market sits near the national metro median, ranking #145 of 332 with a market score of 48.6. No single metric stands out as an outlier, which means entry conditions depend more on your specific business model than on broad market forces.

Industry Concentration
44.3
LQ: 0.93
Rank #147 of 332 metros
Wage Competitiveness
52.4
$45,721 avg wage
Growth Trend
51.2
Employment growth index
Rank #163 of 332 metros
Wage Pressure
49.1
YoY wage change index

1,415 Other Services Firms in Palm Bay-Melbourne-Titusville

1,415
Establishments
+1.9% YoY
6,770
Total Employment
+1.5% YoY
$45,721
Average Annual Wage
+3.0% YoY
0.93
Location Quotient
Below national avg

Palm Bay-Melbourne-Titusville vs Florida Statewide

How this metro's other services market compares to Florida overall. The state ranks #35/51 for entry risk.

Measure Palm Bay-Melbourne-Titusville FL Statewide
Overall Score 48.6 Challenging 48.1 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #145 of 332 metros #35 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 Palm Bay-Melbourne-Titusville

Other Services 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 Palm Bay-Melbourne-Titusville's other services sector, the employment growth component (48.8) 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.