NAICS 81

Other Services in Hickory-Lenoir-Morganton, NC

Metro Market Score 33.5 (Favorable), ranked #43 of 332 metros. 703 establishments, 3,132 jobs.

Metro Market Assessment

Metro Market Score 33.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

🌱Emerging Market

Few other services firms have established themselves in Hickory-Lenoir-Morganton yet. The concentration index of 8.1 is well below the metro median, while employment growth is positive (trend: 56.9). That combination points to a market still building out.

Industry Concentration
8.1
LQ: 0.68
Rank #27 of 332 metros
Wage Competitiveness
28.6
$40,834 avg wage
Growth Trend
↑ 56.9
Employment growth index
Rank #144 of 332 metros
Wage Pressure
56.8
YoY wage change index

703 Other Services Firms in Hickory-Lenoir-Morganton

703
Establishments
-4.5% YoY
3,132
Total Employment
+1.9% YoY
$40,834
Average Annual Wage
+5.1% YoY
0.68
Location Quotient
Below national avg

Hickory-Lenoir-Morganton vs North Carolina Statewide

How this metro's other services market compares to North Carolina overall. The state ranks #26/51 for entry risk.

Measure Hickory-Lenoir-Morganton NC Statewide
Overall Score 33.5 Favorable 44.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #43 of 332 metros #26 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 Hickory-Lenoir-Morganton

Construction 19.7 Accommodation and Food Services 30.8 Finance and Insurance 33.1 Real Estate and Rental and Leasing 38.4 Retail Trade 42.7 Administrative and Support Services 45.1 Information 45.4

Other Services in Other North Carolina Metros

Greenville 23.3 #7/332 Rocky Mount 29.9 #23/332 Winston-Salem 31.6 #34/332 Goldsboro 35.6 #56/332 Wilmington 38.6 #68/332 Jacksonville 49.4 #152/332 Durham-Chapel Hill 49.7 #156/332 Greensboro-High Point 50.8 #169/332 Charlotte-Concord-Gastonia 55.2 #205/332 Raleigh-Cary 56.5 #214/332

+ 4 more metros. View all in North Carolina →

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 Hickory-Lenoir-Morganton's other services sector, the employment growth component (43.1) 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.