NAICS 81

Other Services in Monroe, LA

Metro Market Score 33.9 (Favorable), ranked #46 of 332 metros. 431 establishments, 2,145 jobs.

Metro Market Assessment

Metro Market Score 33.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

Lower is better. Relative to national other services average.

💰High-Cost Market📈Rapid Growth🌱Emerging Market

Monroe ranks in the top quartile for other services market conditions, driven by above-average employment growth. With a market score of 33.9, conditions are relatively favorable compared to most metros.

Industry Concentration
23.2
LQ: 0.82
Rank #77 of 332 metros
Wage Competitiveness
76.2
$49,261 avg wage
Growth Trend
94.9
Employment growth index
Rank #18 of 332 metros
Wage Pressure
37.7
YoY wage change index

431 Other Services Firms in Monroe

431
Establishments
+22.1% YoY
2,145
Total Employment
+8.7% YoY
$49,261
Average Annual Wage
-0.1% YoY
0.82
Location Quotient
Below national avg
Within Louisiana
#2 of 5
other services metros in state
Louisiana state rank
#21 of 51
for other services entry risk
vs State Median
-3.3
better than median (37.2)

Monroe vs Louisiana Statewide

How this metro's other services market compares to Louisiana overall. The state ranks #21/51 for entry risk.

Measure Monroe LA Statewide
Overall Score 33.9 Favorable 41.9 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #46 of 332 metros #21 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 Monroe

Other Services in Other Louisiana Metros

Other Services Metros With Similar Conditions

Metros within 5 points of Monroe's 33.9 score. Useful when comparing markets with comparable entry profiles.

Other Services in States Bordering Louisiana

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

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 Monroe's other services sector, the wage competitiveness component (76.2) 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.