There are more playing/teaching opportunities due simply to the area's size and population. But, the number of eager players is also large, so relatively speaking, it's about the same as any other big metro area.
As for studio work, don't even consider it - there's precious little left, and too many established players competing for what's left.
The types of music that pay are country, blues, and top-40 bands in bars, and that pay isn't very high. There's still a fair bit of "pay to play" (through selling tickets) for many original and metal bands, and there's virtually no jazz/fusion scene. DJs get some work, but they're not getting paid a lot either.
It's a real leap of faith to move here in order to make money with music. I don't know anyone who showed up as the new kid in town, and made any kind of splash.
Sorry, that's probably not the answer you were hoping for.
Bermuda