NAICS 23

Construction in Oxnard-Thousand Oaks-Ventura, CA

Metro Market Score 57.6 (Challenging), ranked #269 of 342 metros. 2,523 establishments, 17,879 jobs.

Metro Market Assessment

Metro Market Score 57.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

ⓘ Lower is better. Relative to national construction average.

Market conditions for construction in Oxnard-Thousand Oaks-Ventura are tougher than average. The 57.6 market score reflects a combination of high labor costs, slowing employment, and moderate competition. Rank: #269 of 342 metros.

Industry Concentration
56.7
LQ: 1.01
Rank #194 of 342 metros
Wage Competitiveness
65.5
$75,869 avg wage
Growth Trend
↓ 33.3
Employment growth index
Rank #229 of 342 metros
Wage Pressure
35.2
YoY wage change index

2,523 Construction Firms in Oxnard-Thousand Oaks-Ventura

2,523
Establishments
+2.4% YoY
17,879
Total Employment
+0.0% YoY
$75,869
Average Annual Wage
+5.0% YoY
1.01
Location Quotient
Above national avg

Oxnard-Thousand Oaks-Ventura vs California Statewide

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

Measure Oxnard-Thousand Oaks-Ventura CA Statewide
Overall Score 57.6 Challenging 47.8 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #269 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 Oxnard-Thousand Oaks-Ventura

Healthcare and Social Assistance 26.9 Other Services 38.7 Real Estate and Rental and Leasing 47.9 Finance and Insurance 49.9 Administrative and Support Services 56.4 Information 59.6 Professional, Scientific, and Technical Services 65.0 Retail Trade 70.2 Accommodation and Food Services 72.3

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 Hanford-Corcoran 39.7 #106/342 Stockton-Lodi 46.4 #161/342 Santa Cruz-Watsonville 47.5 #168/342 Modesto 48.2 #174/342

+ 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 Oxnard-Thousand Oaks-Ventura's construction sector, the employment growth component (66.7) 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.