NAICS 81

Other Services in Peoria, IL

Metro Market Score 61.6 (Difficult), ranked #266 of 332 metros. 693 establishments, 5,934 jobs.

Metro Market Assessment

Metro Market Score 61.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national other services average.

💰High-Cost Market

Peoria scores 61.6 on the Metro Market Score for other services, placing it in the bottom quartile. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
86.1
LQ: 1.18
Rank #286 of 332 metros
Wage Competitiveness
82.5
$51,431 avg wage
Growth Trend
60.2
Employment growth index
Rank #133 of 332 metros
Wage Pressure
37.7
YoY wage change index

693 Other Services Firms in Peoria

693
Establishments
-3.6% YoY
5,934
Total Employment
+2.2% YoY
$51,431
Average Annual Wage
-0.1% YoY
1.18
Location Quotient
Above national avg

Peoria vs Illinois Statewide

How this metro's other services market compares to Illinois overall. The state ranks #39/51 for entry risk.

Measure Peoria IL Statewide
Overall Score 61.6 Difficult 50.5 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #266 of 332 metros #39 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 Peoria

Other Services in Other Illinois 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 Peoria's other services sector, the industry concentration component (86.1) 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.