NAICS 54

Professional, Scientific, and Technical Services in Lafayette, LA

Metro Market Score 62.8 (Difficult), ranked #203 of 261 metros. 2,508 establishments, 10,283 jobs.

Metro Market Assessment

Metro Market Score 62.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

Lafayette's professional, scientific, and technical services sector saw employment decline over the past year (growth trend: 16.5). That contraction, combined with a 62.8 market score, puts this metro in the bottom quartile for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
80.5
LQ: 0.84
Rank #210 of 261 metros
Wage Competitiveness
34.9
$79,612 avg wage
Growth Trend
16.5
Employment growth index
Rank #219 of 261 metros
Wage Pressure
44.4
YoY wage change index

2,508 Professional, Scientific, and Technical Services Firms in Lafayette

2,508
Establishments
-7.8% YoY
10,283
Total Employment
-3.0% YoY
$79,612
Average Annual Wage
+6.0% YoY
0.84
Location Quotient
Below national avg
Within Louisiana
#7 of 7
professional, scientific, and technical services metros in state
Louisiana state rank
#15 of 51
for professional, scientific, and technical services entry risk
vs State Median
+25.9
worse than median (36.9)

Lafayette vs Louisiana Statewide

How this metro's professional, scientific, and technical services market compares to Louisiana overall. The state ranks #15/51 for entry risk.

Measure Lafayette LA Statewide
Overall Score 62.8 Difficult 36.4 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #203 of 261 metros #15 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 Lafayette

Professional, Scientific, and Technical Services in Other Louisiana Metros

Professional, Scientific, and Technical Services Metros With Similar Conditions

Metros within 5 points of Lafayette's 62.8 score. Useful when comparing markets with comparable entry profiles.

Professional, Scientific, and Technical Services in States Bordering Louisiana

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 Lafayette's professional, scientific, and technical services sector, the employment growth component (83.5) 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.