NAICS 81

Other Services in Florence, SC

Metro Market Score 50.7 (Challenging), ranked #165 of 332 metros. 374 establishments, 1,994 jobs.

Metro Market Assessment

Metro Market Score 50.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national other services average.

Other Services employment in Florence contracted year-over-year, placing the growth trend in the upper half at 8.1. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration
14.8
LQ: 0.75
Rank #49 of 332 metros
Wage Competitiveness
32.2
$41,521 avg wage
Growth Trend
8.1
Employment growth index
Rank #306 of 332 metros
Wage Pressure
56.8
YoY wage change index

374 Other Services Firms in Florence

374
Establishments
+1.9% YoY
1,994
Total Employment
-4.1% YoY
$41,521
Average Annual Wage
+5.1% YoY
0.75
Location Quotient
Below national avg
Within South Carolina
#2 of 6
other services metros in state
South Carolina state rank
#10 of 51
for other services entry risk
vs State Median
-4.0
better than median (54.6)

Florence vs South Carolina Statewide

How this metro's other services market compares to South Carolina overall. The state ranks #10/51 for entry risk.

Measure Florence SC Statewide
Overall Score 50.7 Challenging 37.9 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #165 of 332 metros #10 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 Florence

Other Services in Other South Carolina Metros

Other Services Metros With Similar Conditions

Metros within 5 points of Florence's 50.7 score. Useful when comparing markets with comparable entry profiles.

Other Services in States Bordering South Carolina

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 Florence's other services sector, the employment growth component (91.9) 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.