NAICS 23

Construction in Hagerstown-Martinsburg, MD

Metro Market Score 23.3 (Favorable), ranked #13 of 342 metros. 669 establishments, 4,569 jobs.

Metro Market Assessment

Metro Market Score 23.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

Lower is better. Relative to national construction average.

📈Rapid GrowthFavorable Market🌱Emerging Market

Employment in Hagerstown-Martinsburg's construction sector grew faster than most metros last year, pushing its growth trend index to 79.2. Combined with a 23.3 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration
25.7
LQ: 0.82
Rank #88 of 342 metros
Wage Competitiveness
16.1
$62,421 avg wage
Growth Trend
79.2
Employment growth index
Rank #72 of 342 metros
Wage Pressure
33.3
YoY wage change index

669 Construction Firms in Hagerstown-Martinsburg

669
Establishments
+10.9% YoY
4,569
Total Employment
+5.8% YoY
$62,421
Average Annual Wage
+4.2% YoY
0.82
Location Quotient
Below national avg
Within Maryland
#1 of 4
construction metros in state
Maryland state rank
#12 of 51
for construction entry risk
vs State Median
-34.8
better than median (58.1)

Hagerstown-Martinsburg vs Maryland Statewide

How this metro's construction market compares to Maryland overall. The state ranks #12/51 for entry risk.

Measure Hagerstown-Martinsburg MD Statewide
Overall Score 23.3 Favorable 35.0 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #13 of 342 metros #12 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 Hagerstown-Martinsburg

Construction in Other Maryland Metros

Construction Metros With Similar Conditions

Metros within 5 points of Hagerstown-Martinsburg's 23.3 score. Useful when comparing markets with comparable entry profiles.

Construction in States Bordering Maryland

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

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 Hagerstown-Martinsburg's construction sector, the wage pressure component (33.3) 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.