NAICS 54

Professional, Scientific, and Technical Services in Sherman-Denison, TX

Metro Market Score 20.8 (Favorable), ranked #15 of 261 metros. 294 establishments, 1,350 jobs.

Metro Market Assessment

Metro Market Score 20.8
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

Employment in Sherman-Denison's professional, scientific, and technical services sector grew faster than most metros last year, pushing its growth trend index to 86.2. Combined with a 20.8 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration
18.8
LQ: 0.37
Rank #49 of 261 metros
Wage Competitiveness
8.4
$65,997 avg wage
Growth Trend
86.2
Employment growth index
Rank #37 of 261 metros
Wage Pressure
49.3
YoY wage change index

294 Professional, Scientific, and Technical Services Firms in Sherman-Denison

294
Establishments
+2.8% YoY
1,350
Total Employment
+5.1% YoY
$65,997
Average Annual Wage
+8.4% YoY
0.37
Location Quotient
Below national avg
Within Texas
#3 of 11
professional, scientific, and technical services metros in state
Texas state rank
#30 of 51
for professional, scientific, and technical services entry risk
vs State Median
-20.6
better than median (41.4)

Sherman-Denison vs Texas Statewide

How this metro's professional, scientific, and technical services market compares to Texas overall. The state ranks #30/51 for entry risk.

Measure Sherman-Denison TX Statewide
Overall Score 20.8 Favorable 42.2 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #15 of 261 metros #30 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 Sherman-Denison

Professional, Scientific, and Technical Services in Other Texas Metros

Professional, Scientific, and Technical Services Metros With Similar Conditions

Metros within 5 points of Sherman-Denison's 20.8 score. Useful when comparing markets with comparable entry profiles.

Professional, Scientific, and Technical Services in States Bordering Texas

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 Sherman-Denison's professional, scientific, and technical services sector, the wage pressure component (49.3) 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.