NAICS 23
Construction in Springfield, MO
Metro Market Score 40.6 (Moderate), ranked #111 of 342 metros. 1,378 establishments, 10,663 jobs.
Metro Market Assessment
Metro Market Score 40.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate
Lower is better. Relative to national construction average.
Labor costs are a clear advantage in Springfield's construction sector. The wage competitiveness index of 15.2 puts it among the lowest-cost metros, and wage pressure at 36.6 suggests that gap is holding steady.
Industry Concentration
42.7
LQ: 0.92
Rank #146 of 342 metros
Wage Competitiveness
15.2
$62,220 avg wage
Growth Trend
↓ 37.4
Employment growth index
Rank #215 of 342 metros
Wage Pressure
36.6
YoY wage change index
1,378 Construction Firms in Springfield
1,378
Establishments
+1.2% YoY
10,663
Total Employment
+0.1% YoY
$62,220
Average Annual Wage
+5.6% YoY
0.92
Location Quotient
Below national avg
Springfield vs Missouri Statewide
How this metro's construction market compares to Missouri overall. The state ranks #43/51 for entry risk.
| Measure | Springfield | MO Statewide |
|---|---|---|
| Overall Score | 40.6 Moderate | 54.6 Elevated |
| Score Type | Metro Market Score | Entry Risk Score |
| Rank | #111 of 342 metros | #43 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
Construction in Other Missouri Metros
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, MO MSA area.
Data period: 2024. Last updated: April 2026.