NAICS 81

Other Services in Waterloo-Cedar Falls, IA

Metro Market Score 67.9 (Difficult), ranked #300 of 332 metros. 332 establishments, 3,081 jobs.

Metro Market Assessment

Metro Market Score 67.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

Waterloo-Cedar Falls stands out for high other services labor costs. Wage competitiveness hits 72.3 (above the 70th percentile of metros), and year-over-year wage pressure at 55.3 signals continued increases. Plan for higher payroll if entering this market.

Industry Concentration
88.3
LQ: 1.21
Rank #293 of 332 metros
Wage Competitiveness
72.3
$48,695 avg wage
Growth Trend
↓ 44.3
Employment growth index
Rank #186 of 332 metros
Wage Pressure
55.3
YoY wage change index

332 Other Services Firms in Waterloo-Cedar Falls

332
Establishments
-0.3% YoY
3,081
Total Employment
+0.7% YoY
$48,695
Average Annual Wage
+4.7% YoY
1.21
Location Quotient
Above national avg

Waterloo-Cedar Falls vs Iowa Statewide

How this metro's other services market compares to Iowa overall. The state ranks #3/51 for entry risk.

Measure Waterloo-Cedar Falls IA Statewide
Overall Score 67.9 Difficult 32.5 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #300 of 332 metros #3 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 Waterloo-Cedar Falls

Accommodation and Food Services 32.7 Administrative and Support Services 34.3 Construction 37.4 Information 48.5 Retail Trade 51.3

Other Services in Other Iowa Metros

Ames 31.0 #31/332 Iowa City 32.9 #40/332 Dubuque 36.9 #60/332 Davenport-Moline-Rock Island 49.8 #158/332 Sioux City 50.5 #163/332 Des Moines-West Des Moines 53.0 #192/332 Cedar Rapids 57.9 #230/332

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 Waterloo-Cedar Falls's other services sector, the industry concentration component (88.3) 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.