NAICS 54

Professional, Scientific, and Technical Services in Salt Lake City-Murray, UT

Metro Market Score 69.4 (Difficult), ranked #230 of 261 metros. 16,332 establishments, 76,553 jobs.

Metro Market Assessment

Metro Market Score 69.4
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 Salt Lake City-Murray are tougher than average. The 69.4 market score reflects a combination of high labor costs, mixed growth signals, and an already crowded field. Rank: #230 of 261 metros.

Industry Concentration
95.4
LQ: 1.35
Rank #249 of 261 metros
Wage Competitiveness
90.4
$119,174 avg wage
Growth Trend
52.9
Employment growth index
Rank #124 of 261 metros
Wage Pressure
44.2
YoY wage change index

16,332 Professional, Scientific, and Technical Services Firms in Salt Lake City-Murray

16,332
Establishments
+4.8% YoY
76,553
Total Employment
+0.2% YoY
$119,174
Average Annual Wage
+5.9% YoY
1.35
Location Quotient
Above national avg

Salt Lake City-Murray vs Utah Statewide

How this metro's professional, scientific, and technical services market compares to Utah overall. The state ranks #31/51 for entry risk.

Measure Salt Lake City-Murray UT Statewide
Overall Score 69.4 Difficult 42.2 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #230 of 261 metros #31 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 Salt Lake City-Murray

Professional, Scientific, and Technical Services in Other Utah Metros

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 Salt Lake City-Murray's professional, scientific, and technical services sector, the industry concentration component (95.4) 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.