NAICS 23

Construction in Springfield, MA

Metro Market Score 65.7 (Difficult), ranked #315 of 342 metros. 920 establishments, 8,025 jobs.

Metro Market Score 65.7

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national construction average.

💰High-Cost Market

Springfield's construction sector saw employment decline over the past year (growth trend: 1.2). That contraction, combined with a 65.7 market score, puts this metro in the bottom 10% for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

17.8

LQ: 0.76

Rank #61 of 342 metros

Wage Competitiveness

89.5

$86,772 avg wage

Growth Trend

↓ 1.2

Employment growth index

Rank #339 of 342 metros

Wage Pressure

45.9

YoY wage change index

920 Construction Firms in Springfield

920

Establishments

-33.7% YoY

8,025

Total Employment

-21.0% YoY

$86,772

Average Annual Wage

+9.4% YoY

0.76

Location Quotient

Below national avg

Within Massachusetts

#4 of 6

construction metros in state

Massachusetts state rank

#23 of 51

for construction entry risk

vs State Median

0.0

matches median (65.7)

Springfield vs Massachusetts Statewide

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

Measure	Springfield	MA Statewide
Overall Score	65.7 Difficult	41.5 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#315 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 Springfield

Information 58.5 Real Estate and Rental and Leasing 60.2 Administrative and Support Services 61.3 Professional, Scientific, and Technical Services 62.6 Accommodation and Food Services 65.4 Retail Trade 67.8 Healthcare and Social Assistance 71.4 Other Services 73.3 Finance and Insurance 82.0

Construction in Other Massachusetts Metros

Amherst Town-Northampton 44.4 #142/342 Pittsfield 54.5 #239/342 Boston-Cambridge-Newton 63.2 #300/342 Worcester 70.7 #331/342 Barnstable Town 72.9 #333/342

Construction Metros With Similar Conditions

Metros within 5 points of Springfield's 65.7 score. Useful when comparing markets with comparable entry profiles.

Ogden, UT 65.9 #316/342 Fort Collins-Loveland, CO 65.3 #314/342 Evansville, IN 66.1 #317/342 York-Hanover, PA 66.1 #318/342 Duluth, MN 65.2 #313/342 Vineland, NJ 65.2 #312/342 Longview-Kelso, WA 64.8 #311/342 Palm Bay-Melbourne-Titusville, FL 64.4 #310/342 Hilton Head Island-Bluffton-Port Royal, SC 66.9 #319/342 Olympia-Lacey-Tumwater, WA 64.3 #309/342

Construction in States Bordering Massachusetts

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

New Hampshire 32.6 #6/51 Rhode Island 38.8 #17/51 Vermont 40.0 #21/51 Connecticut 43.2 #27/51 New York 51.1 #37/51

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 Springfield's construction sector, the employment growth component (98.8) 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 Springfield, MA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment