NAICS 23

Construction in Prescott Valley-Prescott, AZ

Metro Market Score 50.1 (Challenging), ranked #195 of 342 metros. 1,001 establishments, 6,017 jobs.

Metro Market Assessment

Metro Market Score 50.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

ⓘ Lower is better. Relative to national construction average.

🏭Industry Hub

Prescott Valley-Prescott is a specialized hub for construction, with a location quotient of 1.60 and industry concentration in the lower half. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
94.2
LQ: 1.60
Rank #322 of 342 metros
Wage Competitiveness
9.1
$59,113 avg wage
Growth Trend
↓ 34.5
Employment growth index
Rank #225 of 342 metros
Wage Pressure
23.1
YoY wage change index

1,001 Construction Firms in Prescott Valley-Prescott

1,001
Establishments
+100.0% YoY
6,017
Total Employment
+0.0% YoY
$59,113
Average Annual Wage
+0.0% YoY
1.60
Location Quotient
Above national avg

Prescott Valley-Prescott vs Arizona Statewide

How this metro's construction market compares to Arizona overall. The state ranks #16/51 for entry risk.

Measure Prescott Valley-Prescott AZ Statewide
Overall Score 50.1 Challenging 38.6 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #195 of 342 metros #16 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 Prescott Valley-Prescott

Information 24.8 Professional, Scientific, and Technical Services 34.1 Finance and Insurance 43.7 Real Estate and Rental and Leasing 48.0 Healthcare and Social Assistance 51.7 Other Services 55.4 Administrative and Support Services 55.5 Retail Trade 63.2 Accommodation and Food Services 71.3

Construction in Other Arizona Metros

Flagstaff 22.3 #12/342 Yuma 31.9 #51/342 Tucson 35.1 #65/342 Sierra Vista-Douglas 39.1 #100/342 Lake Havasu City-Kingman 41.2 #114/342 Phoenix-Mesa-Chandler 55.5 #251/342

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 Prescott Valley-Prescott's construction sector, the industry concentration component (94.2) 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

Data period: 2024. Last updated: April 2026.