NAICS 54

Professional, Scientific, and Technical Services in Elkhart-Goshen, IN

Metro Market Score 19.7 (Favorable), ranked #12 of 261 metros. 393 establishments, 2,210 jobs.

Metro Market Score 19.7

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

📈Rapid Growth✓Favorable Market🌱Emerging Market

Elkhart-Goshen ranks in the top 10% for professional, scientific, and technical services market conditions, driven by above-average employment growth. With a market score of 19.7, conditions are relatively favorable compared to most metros.

Industry Concentration

1.9

LQ: 0.25

Rank #5 of 261 metros

Wage Competitiveness

38.7

$80,972 avg wage

Growth Trend

↑ 83.5

Employment growth index

Rank #44 of 261 metros

Wage Pressure

23.2

YoY wage change index

393 Professional, Scientific, and Technical Services Firms in Elkhart-Goshen

393

Establishments

+5.1% YoY

2,210

Total Employment

+4.6% YoY

$80,972

Average Annual Wage

-4.4% YoY

0.25

Location Quotient

Below national avg

Within Indiana

#1 of 8

professional, scientific, and technical services metros in state

Indiana state rank

#50 of 51

for professional, scientific, and technical services entry risk

vs State Median

-28.2

better than median (47.9)

Elkhart-Goshen vs Indiana Statewide

How this metro's professional, scientific, and technical services market compares to Indiana overall. The state ranks #50/51 for entry risk.

Measure	Elkhart-Goshen	IN Statewide
Overall Score	19.7 Favorable	56.7 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#12 of 261 metros	#50 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 Elkhart-Goshen

Information 17.4 Real Estate and Rental and Leasing 21.4 Finance and Insurance 26.5 Healthcare and Social Assistance 35.9 Administrative and Support Services 41.5 Construction 44.3 Accommodation and Food Services 46.0 Retail Trade 48.1 Other Services 52.7

Professional, Scientific, and Technical Services in Other Indiana Metros

Kokomo 35.5 #61/261 Bloomington 46.5 #122/261 Michigan City-La Porte 47.4 #129/261 Lafayette-West Lafayette 47.9 #134/261 Muncie 48.5 #136/261 South Bend-Mishawaka 50.1 #144/261 Columbus 53.0 #157/261

Professional, Scientific, and Technical Services Metros With Similar Conditions

Metros within 5 points of Elkhart-Goshen's 19.7 score. Useful when comparing markets with comparable entry profiles.

Sheboygan, WI 20.1 #13/261 Janesville-Beloit, WI 20.4 #14/261 Sherman-Denison, TX 20.8 #15/261 Farmington, NM 18.5 #11/261 Lewiston, ID 21.1 #16/261 Goldsboro, NC 18.3 #10/261 Altoona, PA 21.4 #17/261 Laredo, TX 17.9 #9/261 Yakima, WA 17.6 #8/261 Watertown-Fort Drum, NY 21.9 #18/261

Professional, Scientific, and Technical Services in States Bordering Indiana

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

Kentucky 35.7 #14/51 Ohio 36.9 #17/51 Michigan 41.2 #27/51 Illinois 42.6 #33/51

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 Elkhart-Goshen's professional, scientific, and technical services sector, the wage competitiveness component (38.7) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Elkhart-Goshen, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment