NAICS 23

Construction in Hanford-Corcoran, CA

Metro Market Score 39.7 (Moderate), ranked #106 of 342 metros. 140 establishments, 1,160 jobs.

Metro Market Assessment

Metro Market Score 39.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national construction average.

At #106 of 342 metros, Hanford-Corcoran's construction sector scores 39.7 on the market index. Concentration (2.6), wage levels (34.2), and growth (22.5) all track close to the median. Local factors like lease costs and client access will matter more than macro signals.

Industry Concentration
2.6
LQ: 0.44
Rank #9 of 342 metros
Wage Competitiveness
34.2
$69,104 avg wage
Growth Trend
↓ 22.5
Employment growth index
Rank #266 of 342 metros
Wage Pressure
36.2
YoY wage change index

140 Construction Firms in Hanford-Corcoran

140
Establishments
+0.0% YoY
1,160
Total Employment
-1.1% YoY
$69,104
Average Annual Wage
+5.4% YoY
0.44
Location Quotient
Below national avg

Hanford-Corcoran vs California Statewide

How this metro's construction market compares to California overall. The state ranks #32/51 for entry risk.

Measure Hanford-Corcoran CA Statewide
Overall Score 39.7 Moderate 47.8 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #106 of 342 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 Hanford-Corcoran

Professional, Scientific, and Technical Services 29.6 Real Estate and Rental and Leasing 29.8 Other Services 31.1 Healthcare and Social Assistance 31.8 Information 42.6 Administrative and Support Services 48.0 Finance and Insurance 50.3 Accommodation and Food Services 50.6 Retail Trade 55.6

Construction in Other California Metros

Merced 30.0 #42/342 El Centro 31.0 #45/342 Salinas 31.6 #50/342 Fresno 37.4 #80/342 Visalia 38.9 #96/342 Santa Maria-Santa Barbara 39.1 #97/342 Stockton-Lodi 46.4 #161/342 Santa Cruz-Watsonville 47.5 #168/342 Modesto 48.2 #174/342 Redding 50.9 #205/342

+ 14 more metros. View all in California →

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 Hanford-Corcoran's construction sector, the employment growth component (77.5) 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.