NAICS 54

Professional, Scientific, and Technical Services in Hanford-Corcoran, CA

Metro Market Score 29.6 (Favorable), ranked #35 of 261 metros. 132 establishments, 832 jobs.

Metro Market Assessment

Metro Market Score 29.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

Lower is better. Relative to national professional, scientific, and technical services average.

Favorable Market

Professional, Scientific, and Technical Services wages in Hanford-Corcoran run well below the metro average (competitiveness index: 23.8), and year-over-year wage pressure is low at 32.2. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
1.5
LQ: 0.24
Rank #4 of 261 metros
Wage Competitiveness
23.8
$74,400 avg wage
Growth Trend
43.7
Employment growth index
Rank #148 of 261 metros
Wage Pressure
32.2
YoY wage change index

132 Professional, Scientific, and Technical Services Firms in Hanford-Corcoran

132
Establishments
+4.8% YoY
832
Total Employment
+0.0% YoY
$74,400
Average Annual Wage
+0.0% YoY
0.24
Location Quotient
Below national avg

Hanford-Corcoran vs California Statewide

How this metro's professional, scientific, and technical services market compares to California overall. The state ranks #48/51 for entry risk.

Measure Hanford-Corcoran CA Statewide
Overall Score 29.6 Favorable 51.2 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #35 of 261 metros #48 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 Hanford-Corcoran

Professional, Scientific, and Technical Services in Other California Metros

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 Hanford-Corcoran's professional, scientific, and technical services sector, the employment growth component (56.3) 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.