NAICS 23

Construction in Bay City, MI

Metro Market Score 23.9 (Favorable), ranked #14 of 342 metros. 184 establishments, 1,520 jobs.

Metro Market Assessment

Metro Market Score 23.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

ⓘ Lower is better. Relative to national construction average.

📈Rapid Growth✓Favorable Market🌱Emerging Market

Employment in Bay City's construction sector grew faster than most metros last year, pushing its growth trend index to 80.7. Combined with a 23.9 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration
28.1
LQ: 0.85
Rank #96 of 342 metros
Wage Competitiveness
22.2
$65,198 avg wage
Growth Trend
↑ 80.7
Employment growth index
Rank #67 of 342 metros
Wage Pressure
27.9
YoY wage change index

184 Construction Firms in Bay City

184
Establishments
-5.6% YoY
1,520
Total Employment
+6.2% YoY
$65,198
Average Annual Wage
+2.0% YoY
0.85
Location Quotient
Below national avg

Bay City vs Michigan Statewide

How this metro's construction market compares to Michigan overall. The state ranks #2/51 for entry risk.

Measure Bay City MI Statewide
Overall Score 23.9 Favorable 28.0 Low
Score Type Metro Market Score Entry Risk Score
Rank #14 of 342 metros #2 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 Bay City

Real Estate and Rental and Leasing 23.0 Other Services 30.8 Finance and Insurance 31.5 Information 36.2 Healthcare and Social Assistance 51.6 Accommodation and Food Services 64.5 Professional, Scientific, and Technical Services 67.0 Retail Trade 69.3

Construction in Other Michigan Metros

Jackson 36.9 #78/342 Lansing-East Lansing 39.8 #108/342 Battle Creek 41.8 #120/342 Muskegon-Norton Shores 42.0 #121/342 Ann Arbor 42.6 #125/342 Monroe 45.3 #148/342 Flint 47.1 #164/342 Detroit-Warren-Dearborn 50.0 #194/342 Niles 50.1 #196/342 Traverse City 53.7 #231/342

+ 3 more metros. View all in Michigan →

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 Bay City's construction sector, the industry concentration component (28.1) 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.