NAICS 54

Professional, Scientific, and Technical Services in Waterbury-Shelton, CT

Metro Market Score 58.3 (Challenging), ranked #183 of 261 metros. 1,483 establishments, 7,011 jobs.

Metro Market Assessment

Metro Market Score 58.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

💰High-Cost Market

Market conditions for professional, scientific, and technical services in Waterbury-Shelton are tougher than average. The 58.3 market score reflects a combination of high labor costs, mixed growth signals, and moderate competition. Rank: #183 of 261 metros.

Industry Concentration
59.0
LQ: 0.63
Rank #154 of 261 metros
Wage Competitiveness
87.4
$115,731 avg wage
Growth Trend
49.0
Employment growth index
Rank #134 of 261 metros
Wage Pressure
32.2
YoY wage change index

1,483 Professional, Scientific, and Technical Services Firms in Waterbury-Shelton

1,483
Establishments
+100.0% YoY
7,011
Total Employment
+0.0% YoY
$115,731
Average Annual Wage
+0.0% YoY
0.63
Location Quotient
Below national avg

Waterbury-Shelton vs Connecticut Statewide

How this metro's professional, scientific, and technical services market compares to Connecticut overall. The state ranks #41/51 for entry risk.

Measure Waterbury-Shelton CT Statewide
Overall Score 58.3 Challenging 45.1 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #183 of 261 metros #41 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 Waterbury-Shelton

Accommodation and Food Services 45.0 Real Estate and Rental and Leasing 46.1 Other Services 51.2 Finance and Insurance 54.0 Administrative and Support Services 55.7 Construction 56.6 Retail Trade 58.4 Healthcare and Social Assistance 59.5 Information 59.9

Professional, Scientific, and Technical Services in Other Connecticut Metros

Norwich-New London-Willimantic 49.6 #139/261 Hartford-West Hartford-East Hartford 64.8 #210/261 New Haven 78.5 #253/261 Bridgeport-Stamford-Danbury 84.0 #259/261

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 Waterbury-Shelton's professional, scientific, and technical services sector, the wage competitiveness component (87.4) 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.