NAICS 23

Construction in Florence-Muscle Shoals, AL

Metro Market Score 41.5 (Moderate), ranked #118 of 342 metros. 330 establishments, 3,580 jobs.

Metro Market Score 41.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national construction average.

📈Rapid Growth

Florence-Muscle Shoals ranks in the upper half for construction market conditions, driven by above-average employment growth. With a market score of 41.5, conditions are relatively favorable compared to most metros.

Industry Concentration

75.2

LQ: 1.23

Rank #257 of 342 metros

Wage Competitiveness

33.6

$68,897 avg wage

Growth Trend

↑ 78.1

Employment growth index

Rank #76 of 342 metros

Wage Pressure

38.6

YoY wage change index

330 Construction Firms in Florence-Muscle Shoals

330

Establishments

+7.8% YoY

3,580

Total Employment

+5.6% YoY

$68,897

Average Annual Wage

+6.4% YoY

1.23

Location Quotient

Above national avg

Within Alabama

#8 of 12

construction metros in state

Alabama state rank

#4 of 51

for construction entry risk

vs State Median

+8.9

worse than median (32.5)

Florence-Muscle Shoals vs Alabama Statewide

How this metro's construction market compares to Alabama overall. The state ranks #4/51 for entry risk.

Measure	Florence-Muscle Shoals	AL Statewide
Overall Score	41.5 Moderate	30.3 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#118 of 342 metros	#4 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 Florence-Muscle Shoals

Real Estate and Rental and Leasing 26.8 Other Services 29.4 Information 29.8 Accommodation and Food Services 40.7 Finance and Insurance 43.2 Healthcare and Social Assistance 43.7 Administrative and Support Services 46.7 Retail Trade 61.9

Construction in Other Alabama Metros

Gadsden 14.3 #3/342 Anniston-Oxford 24.0 #15/342 Tuscaloosa 26.6 #24/342 Dothan 27.3 #26/342 Montgomery 28.7 #32/342 Auburn-Opelika 31.5 #47/342 Huntsville 32.5 #56/342 Daphne-Fairhope-Foley 42.8 #127/342 Decatur 45.4 #149/342 Mobile 45.8 #153/342

+ 1 more metros. View all in Alabama →

Construction Metros With Similar Conditions

Metros within 5 points of Florence-Muscle Shoals's 41.5 score. Useful when comparing markets with comparable entry profiles.

Walla Walla, WA 41.5 #119/342 Eau Claire, WI 41.4 #117/342 Parkersburg-Vienna, WV 41.4 #116/342 Lake Havasu City-Kingman, AZ 41.2 #114/342 Tyler, TX 41.2 #115/342 Battle Creek, MI 41.8 #120/342 Muskegon-Norton Shores, MI 42.0 #121/342 Deltona-Daytona Beach-Ormond Beach, FL 42.3 #122/342 Oklahoma City, OK 40.7 #113/342 Williamsport, PA 40.7 #112/342

Construction in States Bordering Alabama

State-level entry risk for construction in adjacent states. Use this to weigh cross-border options.

Tennessee 34.8 #10/51 Georgia 42.1 #25/51 Mississippi 50.8 #36/51 Florida 54.5 #42/51

Browse Construction in Other States

State-level entry risk reports for construction 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 Florence-Muscle Shoals's construction sector, the industry concentration component (75.2) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Florence-Muscle Shoals, AL MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment