NAICS 23

Construction in Homosassa Springs, FL

Metro Market Score 57.6 (Challenging), ranked #268 of 342 metros. 488 establishments, 3,101 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.

🏭Industry Hub

Homosassa Springs is a specialized hub for construction, with a location quotient of 1.70 and industry concentration in the bottom quartile. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
96.2
LQ: 1.70
Rank #329 of 342 metros
Wage Competitiveness
2.9
$54,846 avg wage
Growth Trend
↓ 17.3
Employment growth index
Rank #284 of 342 metros
Wage Pressure
39.8
YoY wage change index

488 Construction Firms in Homosassa Springs

488
Establishments
-0.6% YoY
3,101
Total Employment
-1.8% YoY
$54,846
Average Annual Wage
+6.9% YoY
1.70
Location Quotient
Above national avg

Homosassa Springs vs Florida Statewide

How this metro's construction market compares to Florida overall. The state ranks #42/51 for entry risk.

Measure Homosassa Springs FL Statewide
Overall Score 57.6 Challenging 54.5 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #268 of 342 metros #42 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 Homosassa Springs

Professional, Scientific, and Technical Services 36.2 Finance and Insurance 39.0 Information 42.8 Real Estate and Rental and Leasing 44.2 Other Services 46.2 Retail Trade 49.6 Healthcare and Social Assistance 54.0 Accommodation and Food Services 69.4 Administrative and Support Services 69.4

Construction in Other Florida Metros

Gainesville 18.0 #7/342 Tallahassee 27.6 #27/342 Ocala 36.4 #72/342 Panama City-Panama City Beach 38.1 #88/342 Deltona-Daytona Beach-Ormond Beach 42.3 #122/342 Port St. Lucie 42.5 #123/342 Lakeland-Winter Haven 43.2 #131/342 Sebastian-Vero Beach-West Vero Corridor 43.9 #137/342 Crestview-Fort Walton Beach-Destin 44.9 #145/342 Pensacola-Ferry Pass-Brent 45.4 #150/342

+ 11 more metros. View all in Florida →

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 Homosassa Springs's construction sector, the employment growth component (82.8) 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.