NAICS 81

Other Services in Morristown, TN

Metro Market Score 29.2 (Favorable), ranked #19 of 332 metros. 174 establishments, 879 jobs.

Metro Market Assessment

Metro Market Score 29.2
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

📈Rapid Growth⚡Rising Wages✓Favorable Market🌱Emerging Market

Morristown ranks in the top 10% for other services market conditions, driven by above-average employment growth. With a market score of 29.2, conditions are relatively favorable compared to most metros.

Industry Concentration
5.7
LQ: 0.61
Rank #19 of 332 metros
Wage Competitiveness
41.9
$43,490 avg wage
Growth Trend
↑ 95.2
Employment growth index
Rank #17 of 332 metros
Wage Pressure
79.1
YoY wage change index

174 Other Services Firms in Morristown

174
Establishments
+3.6% YoY
879
Total Employment
+9.1% YoY
$43,490
Average Annual Wage
+11.2% YoY
0.61
Location Quotient
Below national avg

Morristown vs Tennessee Statewide

How this metro's other services market compares to Tennessee overall. The state ranks #18/51 for entry risk.

Measure Morristown TN Statewide
Overall Score 29.2 Favorable 40.5 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #19 of 332 metros #18 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 Morristown

Professional, Scientific, and Technical Services 9.2 Finance and Insurance 20.1 Information 36.9 Real Estate and Rental and Leasing 44.1 Retail Trade 58.4 Accommodation and Food Services 58.6 Administrative and Support Services 66.4

Other Services in Other Tennessee Metros

Kingsport-Bristol 32.1 #36/332 Johnson City 44.8 #113/332 Cleveland 52.3 #181/332 Nashville-Davidson--Murfreesboro--Franklin 53.8 #198/332 Chattanooga 61.3 #260/332

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 Morristown's other services sector, the wage pressure component (79.1) 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.