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 Assessment

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 GrowthFavorable 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

Professional, Scientific, and Technical Services in Other Indiana Metros

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.

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.

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

Data period: 2024. Last updated: April 2026.