NAICS 23

Construction in Saginaw, MI

Metro Market Score 55.1 (Challenging), ranked #247 of 342 metros. 351 establishments, 3,351 jobs.

Metro Market Assessment

Metro Market Score 55.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

ⓘ Lower is better. Relative to national construction average.

💰High-Cost Market

Saginaw scores 55.1 on the Metro Market Score for construction, placing it in the lower half. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
23.1
LQ: 0.80
Rank #79 of 342 metros
Wage Competitiveness
76.0
$79,077 avg wage
Growth Trend
↓ 27.5
Employment growth index
Rank #249 of 342 metros
Wage Pressure
42.7
YoY wage change index

351 Construction Firms in Saginaw

351
Establishments
-7.9% YoY
3,351
Total Employment
-0.4% YoY
$79,077
Average Annual Wage
+8.1% YoY
0.80
Location Quotient
Below national avg

Saginaw vs Michigan Statewide

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

Measure Saginaw MI Statewide
Overall Score 55.1 Challenging 28.0 Low
Score Type Metro Market Score Entry Risk Score
Rank #247 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 Saginaw

Real Estate and Rental and Leasing 8.4 Professional, Scientific, and Technical Services 32.7 Accommodation and Food Services 37.4 Finance and Insurance 53.3 Information 53.9 Other Services 59.2 Retail Trade 60.8 Healthcare and Social Assistance 61.0 Administrative and Support Services 61.5

Construction in Other Michigan Metros

Bay City 23.9 #14/342 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

+ 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 Saginaw's construction sector, the employment growth component (72.5) 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.