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
Within Connecticut
#2 of 5
professional, scientific, and technical services metros in state
Connecticut state rank
#41 of 51
for professional, scientific, and technical services entry risk
vs State Median
-6.5
better than median (64.8)

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

Professional, Scientific, and Technical Services in Other Connecticut Metros

Professional, Scientific, and Technical Services Metros With Similar Conditions

Metros within 5 points of Waterbury-Shelton's 58.3 score. Useful when comparing markets with comparable entry profiles.

Professional, Scientific, and Technical Services in States Bordering Connecticut

State-level entry risk for professional, scientific, and technical services in adjacent states. Use this to weigh cross-border options.

Browse Professional, Scientific, and Technical Services in Other States

State-level entry risk reports for professional, scientific, and technical 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 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.