NAICS 81

Other Services in Sherman-Denison, TX

Metro Market Score 66.0 (Difficult), ranked #290 of 332 metros. 160 establishments, 902 jobs.

Metro Market Assessment

Metro Market Score 66.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national other services average.

💰High-Cost MarketRising Wages

Sherman-Denison stands out for high other services labor costs. Wage competitiveness hits 91.6 (above the 70th percentile of metros), and year-over-year wage pressure at 98.5 signals continued increases. Plan for higher payroll if entering this market.

Industry Concentration
3.0
LQ: 0.58
Rank #10 of 332 metros
Wage Competitiveness
91.6
$55,485 avg wage
Growth Trend
24.4
Employment growth index
Rank #252 of 332 metros
Wage Pressure
98.5
YoY wage change index

160 Other Services Firms in Sherman-Denison

160
Establishments
+0.0% YoY
902
Total Employment
-0.2% YoY
$55,485
Average Annual Wage
+16.5% YoY
0.58
Location Quotient
Below national avg
Within Texas
#20 of 21
other services metros in state
Texas state rank
#36 of 51
for other services entry risk
vs State Median
+15.2
worse than median (50.8)

Sherman-Denison vs Texas Statewide

How this metro's other services market compares to Texas overall. The state ranks #36/51 for entry risk.

Measure Sherman-Denison TX Statewide
Overall Score 66.0 Difficult 50.1 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #290 of 332 metros #36 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 Sherman-Denison

Other Services in Other Texas Metros

Other Services Metros With Similar Conditions

Metros within 5 points of Sherman-Denison's 66.0 score. Useful when comparing markets with comparable entry profiles.

Other Services in States Bordering Texas

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 Sherman-Denison's other services sector, the wage competitiveness component (91.6) 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.