NAICS 54

Professional, Scientific, and Technical Services in New York-Newark-Jersey City, NY

Metro Market Score 79.1 (Difficult), ranked #255 of 261 metros. 80,701 establishments, 780,682 jobs.

Metro Market Score 79.1

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

New York-Newark-Jersey City scores 79.1 on the Metro Market Score for professional, scientific, and technical services, placing it in the bottom 10%. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration

92.3

LQ: 1.19

Rank #241 of 261 metros

Wage Competitiveness

98.5

$162,517 avg wage

Growth Trend

↓ 25.3

Employment growth index

Rank #196 of 261 metros

Wage Pressure

45.0

YoY wage change index

80,701 Professional, Scientific, and Technical Services Firms in New York-Newark-Jersey City

80,701

Establishments

-0.1% YoY

780,682

Total Employment

-1.8% YoY

$162,517

Average Annual Wage

+6.3% YoY

1.19

Location Quotient

Above national avg

Within New York

#11 of 11

professional, scientific, and technical services metros in state

New York state rank

#49 of 51

for professional, scientific, and technical services entry risk

vs State Median

+27.7

worse than median (51.4)

New York-Newark-Jersey City vs New York Statewide

How this metro's professional, scientific, and technical services market compares to New York overall. The state ranks #49/51 for entry risk.

Measure	New York-Newark-Jersey City	NY Statewide
Overall Score	79.1 Difficult	52.4 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#255 of 261 metros	#49 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 New York-Newark-Jersey City

Healthcare and Social Assistance 57.5 Accommodation and Food Services 66.4 Retail Trade 70.0 Administrative and Support Services 72.7 Other Services 82.0

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

Watertown-Fort Drum 21.9 #18/261 Elmira 40.0 #82/261 Kiryas Joel-Poughkeepsie-Newburgh 43.2 #103/261 Glens Falls 44.2 #110/261 Kingston 46.1 #118/261 Utica-Rome 51.4 #148/261 Syracuse 61.4 #195/261 Albany-Schenectady-Troy 65.1 #212/261 Buffalo-Cheektowaga 65.1 #213/261 Ithaca 65.4 #214/261

Professional, Scientific, and Technical Services Metros With Similar Conditions

Metros within 5 points of New York-Newark-Jersey City's 79.1 score. Useful when comparing markets with comparable entry profiles.

Detroit-Warren-Dearborn, MI 79.1 #254/261 New Haven, CT 78.5 #253/261 Seattle-Tacoma-Bellevue, WA 78.2 #252/261 Boston-Cambridge-Newton, MA 80.3 #256/261 Ann Arbor, MI 81.1 #257/261 Philadelphia-Camden-Wilmington, PA 76.6 #251/261 San Diego-Chula Vista-Carlsbad, CA 81.7 #258/261 Portland-Vancouver-Hillsboro, OR 76.3 #250/261 Worcester, MA 76.1 #249/261 Lawrence, KS 75.6 #248/261

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

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

Pennsylvania 33.7 #6/51 Massachusetts 41.5 #29/51 Vermont 43.0 #35/51 Connecticut 45.1 #41/51 New Jersey 45.4 #44/51

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 New York-Newark-Jersey City's professional, scientific, and technical services sector, the wage competitiveness component (98.5) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the New York-Newark-Jersey City, NY-NJ MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment