NAICS 23

Construction in Las Vegas-Henderson-North Las Vegas, NV

Metro Market Score 70.5 (Difficult), ranked #330 of 342 metros. 4,000 establishments, 77,864 jobs.

Metro Market Score 70.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national construction average.

💰High-Cost Market

Las Vegas-Henderson-North Las Vegas's construction sector saw employment decline over the past year (growth trend: 14.3). That contraction, combined with a 70.5 market score, puts this metro in the bottom 10% for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

81.9

LQ: 1.32

Rank #280 of 342 metros

Wage Competitiveness

76.6

$79,460 avg wage

Growth Trend

↓ 14.3

Employment growth index

Rank #294 of 342 metros

Wage Pressure

26.0

YoY wage change index

4,000 Construction Firms in Las Vegas-Henderson-North Las Vegas

4,000

Establishments

+1.8% YoY

77,864

Total Employment

-2.8% YoY

$79,460

Average Annual Wage

+1.2% YoY

1.32

Location Quotient

Above national avg

Within Nevada

#3 of 3

construction metros in state

Nevada state rank

#20 of 51

for construction entry risk

vs State Median

+17.7

worse than median (52.8)

Las Vegas-Henderson-North Las Vegas vs Nevada Statewide

How this metro's construction market compares to Nevada overall. The state ranks #20/51 for entry risk.

Measure	Las Vegas-Henderson-North Las Vegas	NV Statewide
Overall Score	70.5 Difficult	39.8 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#330 of 342 metros	#20 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 Las Vegas-Henderson-North Las Vegas

Healthcare and Social Assistance 36.7 Other Services 41.8 Professional, Scientific, and Technical Services 50.0 Information 50.6 Administrative and Support Services 51.0 Finance and Insurance 55.8 Retail Trade 60.4 Real Estate and Rental and Leasing 61.9 Accommodation and Food Services 68.0

Construction in Other Nevada Metros

Carson City 38.3 #90/342 Reno 52.8 #222/342

Construction Metros With Similar Conditions

Metros within 5 points of Las Vegas-Henderson-North Las Vegas's 70.5 score. Useful when comparing markets with comparable entry profiles.

Worcester, MA 70.7 #331/342 Bozeman, MT 69.9 #329/342 Mount Vernon-Anacortes, WA 71.4 #332/342 Appleton, WI 69.6 #328/342 Kalamazoo-Portage, MI 69.5 #327/342 Houston-Pasadena-The Woodlands, TX 69.4 #326/342 Santa Rosa-Petaluma, CA 68.6 #325/342 San Jose-Sunnyvale-Santa Clara, CA 68.4 #324/342 San Francisco-Oakland-Fremont, CA 68.3 #323/342 Barnstable Town, MA 72.9 #333/342

Construction in States Bordering Nevada

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

Arizona 38.6 #16/51 Utah 40.1 #22/51 California 47.8 #32/51 Oregon 54.8 #44/51 Idaho 58.4 #48/51

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 Las Vegas-Henderson-North Las Vegas's construction sector, the employment growth component (85.7) 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 Las Vegas-Henderson-North Las Vegas, NV MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment