NAICS 23

Construction in Savannah, GA

Metro Market Score 43.8 (Moderate), ranked #135 of 342 metros. 1,042 establishments, 9,837 jobs.

Metro Market Score 43.8

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national construction average.

Savannah ranks in the upper half for construction market conditions, driven by above-average employment growth. With a market score of 43.8, conditions are relatively favorable compared to most metros.

Industry Concentration

49.4

LQ: 0.96

Rank #169 of 342 metros

Wage Competitiveness

52.0

$72,956 avg wage

Growth Trend

↑ 66.7

Employment growth index

Rank #115 of 342 metros

Wage Pressure

42.0

YoY wage change index

1,042 Construction Firms in Savannah

1,042

Establishments

+10.5% YoY

9,837

Total Employment

+3.9% YoY

$72,956

Average Annual Wage

+7.8% YoY

0.96

Location Quotient

Below national avg

Within Georgia

#8 of 9

construction metros in state

Georgia state rank

#25 of 51

for construction entry risk

vs State Median

+5.2

worse than median (38.5)

Savannah vs Georgia Statewide

How this metro's construction market compares to Georgia overall. The state ranks #25/51 for entry risk.

Measure	Savannah	GA Statewide
Overall Score	43.8 Moderate	42.1 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#135 of 342 metros	#25 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 Savannah

Information 36.8 Finance and Insurance 41.8 Real Estate and Rental and Leasing 44.7 Healthcare and Social Assistance 46.2 Retail Trade 58.3 Other Services 60.9 Accommodation and Food Services 76.1

Construction in Other Georgia Metros

Dalton 15.0 #4/342 Rome 18.4 #8/342 Warner Robins 24.6 #17/342 Brunswick-St. Simons 28.1 #29/342 Gainesville 38.5 #92/342 Hinesville 39.4 #103/342 Athens-Clarke County 40.0 #109/342 Augusta-Richmond County 59.8 #282/342

Construction Metros With Similar Conditions

Metros within 5 points of Savannah's 43.8 score. Useful when comparing markets with comparable entry profiles.

Utica-Rome, NY 43.9 #136/342 Sebastian-Vero Beach-West Vero Corridor, FL 43.9 #137/342 Rocky Mount, NC 43.5 #134/342 Cheyenne, WY 43.5 #133/342 Santa Fe, NM 44.1 #138/342 Greenville-Anderson-Greer, SC 44.2 #139/342 Lebanon, PA 43.3 #132/342 Lakeland-Winter Haven, FL 43.2 #131/342 Elkhart-Goshen, IN 44.3 #140/342 Scranton--Wilkes-Barre, PA 43.2 #130/342

Construction in States Bordering Georgia

State-level entry risk for construction in adjacent states. Use this to weigh cross-border options.

Alabama 30.3 #4/51 Tennessee 34.8 #10/51 North Carolina 38.2 #15/51 South Carolina 47.0 #30/51 Florida 54.5 #42/51

Browse Construction in Other States

State-level entry risk reports for construction across all 51 markets, sorted by rank.

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 Savannah's construction sector, the wage competitiveness component (52.0) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Savannah, GA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment