NAICS 54

Professional, Scientific, and Technical Services in Trenton-Princeton, NJ

Metro Market Score 62.8 (Difficult), ranked #202 of 261 metros. 1,781 establishments, 24,547 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.

💰High-Cost Market

Market conditions for professional, scientific, and technical services in Trenton-Princeton are tougher than average. The 62.8 market score reflects a combination of high labor costs, mixed growth signals, and an already crowded field. Rank: #202 of 261 metros.

Industry Concentration
95.0
LQ: 1.34
Rank #248 of 261 metros
Wage Competitiveness
97.3
$156,393 avg wage
Growth Trend
68.6
Employment growth index
Rank #83 of 261 metros
Wage Pressure
26.3
YoY wage change index

1,781 Professional, Scientific, and Technical Services Firms in Trenton-Princeton

1,781
Establishments
-0.4% YoY
24,547
Total Employment
+1.7% YoY
$156,393
Average Annual Wage
-2.9% YoY
1.34
Location Quotient
Above national avg
Within New Jersey
#2 of 2
professional, scientific, and technical services metros in state
New Jersey state rank
#44 of 51
for professional, scientific, and technical services entry risk
vs State Median
0.0
matches median (62.8)

Trenton-Princeton vs New Jersey Statewide

How this metro's professional, scientific, and technical services market compares to New Jersey overall. The state ranks #44/51 for entry risk.

Measure Trenton-Princeton NJ Statewide
Overall Score 62.8 Difficult 45.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #202 of 261 metros #44 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 Trenton-Princeton

Professional, Scientific, and Technical Services in Other New Jersey Metros

Professional, Scientific, and Technical Services Metros With Similar Conditions

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

Professional, Scientific, and Technical Services in States Bordering New Jersey

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 Trenton-Princeton's professional, scientific, and technical services sector, the wage competitiveness component (97.3) 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.