NAICS 54

Professional, Scientific, and Technical Services in Albany, OR

Metro Market Score 46.6 (Moderate), ranked #123 of 261 metros. 281 establishments, 1,152 jobs.

Metro Market Assessment

Metro Market Score 46.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Albany's professional, scientific, and technical services sector saw employment decline over the past year (growth trend: 16.9). That contraction, combined with a 46.6 market score, puts this metro in the upper half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
13.0
LQ: 0.34
Rank #34 of 261 metros
Wage Competitiveness
44.4
$82,670 avg wage
Growth Trend
16.9
Employment growth index
Rank #218 of 261 metros
Wage Pressure
36.5
YoY wage change index

281 Professional, Scientific, and Technical Services Firms in Albany

281
Establishments
+0.7% YoY
1,152
Total Employment
-2.9% YoY
$82,670
Average Annual Wage
+2.1% YoY
0.34
Location Quotient
Below national avg
Within Oregon
#3 of 7
professional, scientific, and technical services metros in state
Oregon state rank
#42 of 51
for professional, scientific, and technical services entry risk
vs State Median
-3.1
better than median (49.7)

Albany vs Oregon Statewide

How this metro's professional, scientific, and technical services market compares to Oregon overall. The state ranks #42/51 for entry risk.

Measure Albany OR Statewide
Overall Score 46.6 Moderate 45.2 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #123 of 261 metros #42 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 Albany

Professional, Scientific, and Technical Services in Other Oregon Metros

Professional, Scientific, and Technical Services Metros With Similar Conditions

Metros within 5 points of Albany's 46.6 score. Useful when comparing markets with comparable entry profiles.

Professional, Scientific, and Technical Services in States Bordering Oregon

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 Albany's professional, scientific, and technical services sector, the employment growth component (83.1) 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.