NAICS 23

Construction in Gadsden, AL

Metro Market Score 14.3 (Favorable), ranked #3 of 342 metros. 158 establishments, 1,078 jobs.

Metro Market Assessment

Metro Market Score 14.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

ⓘ Lower is better. Relative to national construction average.

📈Rapid Growth✓Favorable Market🌱Emerging Market

Gadsden ranks in the top 10% for construction market conditions, driven by above-average employment growth. With a market score of 14.3, conditions are relatively favorable compared to most metros.

Industry Concentration
6.4
LQ: 0.62
Rank #22 of 342 metros
Wage Competitiveness
8.5
$58,648 avg wage
Growth Trend
↑ 90.1
Employment growth index
Rank #35 of 342 metros
Wage Pressure
37.9
YoY wage change index

158 Construction Firms in Gadsden

158
Establishments
+6.0% YoY
1,078
Total Employment
+8.6% YoY
$58,648
Average Annual Wage
+6.1% YoY
0.62
Location Quotient
Below national avg

Gadsden vs Alabama Statewide

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

Measure Gadsden AL Statewide
Overall Score 14.3 Favorable 30.3 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #3 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 Gadsden

Real Estate and Rental and Leasing 28.8 Finance and Insurance 29.2 Information 35.4 Professional, Scientific, and Technical Services 35.5 Administrative and Support Services 39.0 Retail Trade 41.9 Other Services 42.3 Healthcare and Social Assistance 48.8 Accommodation and Food Services 55.7

Construction in Other Alabama Metros

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 Florence-Muscle Shoals 41.5 #118/342 Daphne-Fairhope-Foley 42.8 #127/342 Decatur 45.4 #149/342 Mobile 45.8 #153/342

+ 1 more metros. View all in Alabama →

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 Gadsden's construction sector, the wage pressure component (37.9) 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.