NAICS 23

Construction in Niles, MI

Metro Market Score 50.1 (Challenging), ranked #196 of 342 metros. 342 establishments, 1,974 jobs.

Metro Market Assessment

Metro Market Score 50.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national construction average.

Niles's construction sector saw employment decline over the past year (growth trend: 14.6). That contraction, combined with a 50.1 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
6.7
LQ: 0.62
Rank #23 of 342 metros
Wage Competitiveness
56.1
$73,579 avg wage
Growth Trend
14.6
Employment growth index
Rank #293 of 342 metros
Wage Pressure
43.7
YoY wage change index

342 Construction Firms in Niles

342
Establishments
-10.7% YoY
1,974
Total Employment
-2.8% YoY
$73,579
Average Annual Wage
+8.5% YoY
0.62
Location Quotient
Below national avg

Niles vs Michigan Statewide

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

Measure Niles MI Statewide
Overall Score 50.1 Challenging 28.0 Low
Score Type Metro Market Score Entry Risk Score
Rank #196 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 Niles

Construction in Other Michigan Metros

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 Niles's construction sector, the employment growth component (85.4) 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.