NAICS 81

Other Services in Raleigh-Cary, NC

Metro Market Score 56.5 (Challenging), ranked #214 of 332 metros. 4,622 establishments, 23,008 jobs.

Metro Market Assessment

Metro Market Score 56.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

💰High-Cost Market📈Rapid Growth

Raleigh-Cary scores 56.5 on the Metro Market Score for other services, placing it in the lower half. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
66.3
LQ: 1.05
Rank #220 of 332 metros
Wage Competitiveness
91.3
$55,029 avg wage
Growth Trend
↑ 76.5
Employment growth index
Rank #79 of 332 metros
Wage Pressure
50.5
YoY wage change index

4,622 Other Services Firms in Raleigh-Cary

4,622
Establishments
-3.8% YoY
23,008
Total Employment
+3.9% YoY
$55,029
Average Annual Wage
+3.4% YoY
1.05
Location Quotient
Above national avg

Raleigh-Cary 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 Raleigh-Cary NC Statewide
Overall Score 56.5 Challenging 44.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #214 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 Raleigh-Cary

Healthcare and Social Assistance 35.4 Accommodation and Food Services 42.8 Retail Trade 44.4 Real Estate and Rental and Leasing 54.3 Construction 56.1 Administrative and Support Services 62.9 Information 74.2 Finance and Insurance 76.3

Other Services in Other North Carolina Metros

Greenville 23.3 #7/332 Rocky Mount 29.9 #23/332 Winston-Salem 31.6 #34/332 Hickory-Lenoir-Morganton 33.5 #43/332 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

+ 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 Raleigh-Cary's other services sector, the wage competitiveness component (91.3) 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.