NAICS 23

Construction in Evansville, IN

Metro Market Score 66.1 (Difficult), ranked #317 of 342 metros. 688 establishments, 9,099 jobs.

Metro Market Score 66.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national construction average.

Evansville's construction sector saw employment decline over the past year (growth trend: 6.4). That contraction, combined with a 66.1 market score, puts this metro in the bottom 10% for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

79.0

LQ: 1.29

Rank #270 of 342 metros

Wage Competitiveness

43.9

$71,071 avg wage

Growth Trend

↓ 6.4

Employment growth index

Rank #321 of 342 metros

Wage Pressure

36.6

YoY wage change index

688 Construction Firms in Evansville

688

Establishments

-14.9% YoY

9,099

Total Employment

-6.0% YoY

$71,071

Average Annual Wage

+5.6% YoY

1.29

Location Quotient

Above national avg

Within Indiana

#12 of 12

construction metros in state

Indiana state rank

#11 of 51

for construction entry risk

vs State Median

+14.7

worse than median (51.4)

Evansville vs Indiana Statewide

How this metro's construction market compares to Indiana overall. The state ranks #11/51 for entry risk.

Measure	Evansville	IN Statewide
Overall Score	66.1 Difficult	35.0 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#317 of 342 metros	#11 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 Evansville

Real Estate and Rental and Leasing 36.6 Information 36.9 Administrative and Support Services 58.0 Retail Trade 59.8 Accommodation and Food Services 60.2 Other Services 63.6 Finance and Insurance 67.2

Construction in Other Indiana Metros

Muncie 29.5 #37/342 Lafayette-West Lafayette 32.3 #54/342 Bloomington 37.2 #79/342 Columbus 40.4 #110/342 Elkhart-Goshen 44.3 #140/342 South Bend-Mishawaka 48.4 #176/342 Fort Wayne 51.4 #209/342 Indianapolis-Carmel-Greenwood 51.4 #210/342 Kokomo 56.5 #261/342 Michigan City-La Porte 59.4 #278/342

+ 1 more metros. View all in Indiana →

Construction Metros With Similar Conditions

Metros within 5 points of Evansville's 66.1 score. Useful when comparing markets with comparable entry profiles.

York-Hanover, PA 66.1 #318/342 Ogden, UT 65.9 #316/342 Springfield, MA 65.7 #315/342 Fort Collins-Loveland, CO 65.3 #314/342 Hilton Head Island-Bluffton-Port Royal, SC 66.9 #319/342 Duluth, MN 65.2 #313/342 Vineland, NJ 65.2 #312/342 Portland-Vancouver-Hillsboro, OR 67.3 #320/342 Longview-Kelso, WA 64.8 #311/342 Palm Bay-Melbourne-Titusville, FL 64.4 #310/342

Construction in States Bordering Indiana

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

Michigan 28.0 #2/51 Kentucky 39.8 #19/51 Ohio 41.7 #24/51 Illinois 49.1 #34/51

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 Evansville's construction sector, the employment growth component (93.6) 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 Evansville, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment