NAICS 23

Construction in Hammond, LA

Metro Market Score 29.7 (Favorable), ranked #38 of 342 metros. 328 establishments, 1,863 jobs.

Metro Market Score 29.7

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

ⓘ Lower is better. Relative to national construction average.

✓Favorable Market

Hammond has a relatively low concentration of construction firms (index: 16.7) paired with positive employment growth. This suggests an underpenetrated market where demand may outpace current supply.

Industry Concentration

16.7

LQ: 0.75

Rank #57 of 342 metros

Wage Competitiveness

22.8

$65,498 avg wage

Growth Trend

54.4

Employment growth index

Rank #157 of 342 metros

Wage Pressure

30.6

YoY wage change index

328 Construction Firms in Hammond

328

Establishments

+0.3% YoY

1,863

Total Employment

+2.6% YoY

$65,498

Average Annual Wage

+3.1% YoY

0.75

Location Quotient

Below national avg

Within Louisiana

#2 of 8

construction metros in state

Louisiana state rank

#41 of 51

for construction entry risk

vs State Median

-22.3

better than median (52.0)

Hammond vs Louisiana Statewide

How this metro's construction market compares to Louisiana overall. The state ranks #41/51 for entry risk.

Measure	Hammond	LA Statewide
Overall Score	29.7 Favorable	53.6 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#38 of 342 metros	#41 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 Hammond

Real Estate and Rental and Leasing 19.4 Information 22.8 Finance and Insurance 32.2 Professional, Scientific, and Technical Services 32.6 Accommodation and Food Services 40.5 Administrative and Support Services 41.8 Healthcare and Social Assistance 41.8 Other Services 42.7 Retail Trade 69.7

Construction in Other Louisiana Metros

Monroe 26.3 #22/342 Lake Charles 49.1 #181/342 Slidell-Mandeville-Covington 50.3 #198/342 Shreveport-Bossier City 52.0 #213/342 Alexandria 54.4 #236/342 Houma-Bayou Cane-Thibodaux 58.3 #274/342 Lafayette 63.4 #304/342

Construction Metros With Similar Conditions

Metros within 5 points of Hammond's 29.7 score. Useful when comparing markets with comparable entry profiles.

Altoona, PA 29.8 #39/342 Muncie, IN 29.5 #37/342 Laredo, TX 29.5 #36/342 Greenville, NC 29.9 #40/342 Iowa City, IA 29.9 #41/342 Hattiesburg, MS 29.3 #35/342 Merced, CA 30.0 #42/342 Lawrence, KS 29.3 #34/342 Joplin, MO 29.0 #33/342 Montgomery, AL 28.7 #32/342

Construction in States Bordering Louisiana

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

Arkansas 34.3 #8/51 Texas 46.3 #29/51 Mississippi 50.8 #36/51

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 Hammond's construction sector, the employment growth component (45.6) 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 Hammond, LA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment