NAICS 54

Professional, Scientific, and Technical Services in Lynchburg, VA

Metro Market Score 57.8 (Challenging), ranked #181 of 261 metros. 761 establishments, 4,988 jobs.

Metro Market Assessment

Metro Market Score 57.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Lynchburg scores 57.8 on the Metro Market Score for professional, scientific, and technical services, placing it in the lower half. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
73.6
LQ: 0.74
Rank #192 of 261 metros
Wage Competitiveness
67.8
$93,761 avg wage
Growth Trend
46.7
Employment growth index
Rank #140 of 261 metros
Wage Pressure
32.2
YoY wage change index

761 Professional, Scientific, and Technical Services Firms in Lynchburg

761
Establishments
-13.2% YoY
4,988
Total Employment
+0.0% YoY
$93,761
Average Annual Wage
+0.0% YoY
0.74
Location Quotient
Below national avg

Lynchburg vs Virginia Statewide

How this metro's professional, scientific, and technical services market compares to Virginia overall. The state ranks #32/51 for entry risk.

Measure Lynchburg VA Statewide
Overall Score 57.8 Challenging 42.3 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #181 of 261 metros #32 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 Lynchburg

Professional, Scientific, and Technical Services in Other Virginia 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 Lynchburg's professional, scientific, and technical services sector, the industry concentration component (73.6) 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.