NAICS 23

Construction in Boston-Cambridge-Newton, MA

Metro Market Score 63.2 (Difficult), ranked #300 of 342 metros. 14,017 establishments, 123,002 jobs.

Metro Market Assessment

Metro Market Score 63.2
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national construction average.

💰High-Cost Market

Boston-Cambridge-Newton scores 63.2 on the Metro Market Score for construction, placing it in the bottom quartile. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
32.2
LQ: 0.87
Rank #110 of 342 metros
Wage Competitiveness
99.1
$104,740 avg wage
Growth Trend
22.2
Employment growth index
Rank #267 of 342 metros
Wage Pressure
35.4
YoY wage change index

14,017 Construction Firms in Boston-Cambridge-Newton

14,017
Establishments
-3.9% YoY
123,002
Total Employment
-1.1% YoY
$104,740
Average Annual Wage
+5.1% YoY
0.87
Location Quotient
Below national avg
Within Massachusetts
#3 of 6
construction metros in state
Massachusetts state rank
#23 of 51
for construction entry risk
vs State Median
-2.4
better than median (65.7)

Boston-Cambridge-Newton vs Massachusetts Statewide

How this metro's construction market compares to Massachusetts overall. The state ranks #23/51 for entry risk.

Measure Boston-Cambridge-Newton MA Statewide
Overall Score 63.2 Difficult 41.5 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #300 of 342 metros #23 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 Boston-Cambridge-Newton

Construction in Other Massachusetts Metros

Construction Metros With Similar Conditions

Metros within 5 points of Boston-Cambridge-Newton's 63.2 score. Useful when comparing markets with comparable entry profiles.

Construction in States Bordering Massachusetts

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 Boston-Cambridge-Newton's construction sector, the wage competitiveness component (99.1) 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.