NAICS 23

Construction in Manchester-Nashua, NH

Metro Market Score 50.7 (Challenging), ranked #200 of 342 metros. 1,424 establishments, 9,122 jobs.

Metro Market Score 50.7

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

ⓘ Lower is better. Relative to national construction average.

💰High-Cost Market

Few construction firms have established themselves in Manchester-Nashua yet. The concentration index of 31.3 is well below the metro median, while employment growth is positive (trend: 53.5). That combination points to a market still building out.

Industry Concentration

31.3

LQ: 0.86

Rank #107 of 342 metros

Wage Competitiveness

90.3

$87,431 avg wage

Growth Trend

53.5

Employment growth index

Rank #160 of 342 metros

Wage Pressure

31.8

YoY wage change index

1,424 Construction Firms in Manchester-Nashua

1,424

Establishments

+2.5% YoY

9,122

Total Employment

+2.5% YoY

$87,431

Average Annual Wage

+3.6% YoY

0.86

Location Quotient

Below national avg

Within New Hampshire

#1 of 1

construction metros in state

New Hampshire state rank

#6 of 51

for construction entry risk

vs State Median

0.0

matches median (50.7)

Manchester-Nashua vs New Hampshire Statewide

How this metro's construction market compares to New Hampshire overall. The state ranks #6/51 for entry risk.

Measure	Manchester-Nashua	NH Statewide
Overall Score	50.7 Challenging	32.6 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#200 of 342 metros	#6 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 Manchester-Nashua

Real Estate and Rental and Leasing 45.7 Accommodation and Food Services 51.8 Other Services 63.7 Healthcare and Social Assistance 64.0 Retail Trade 66.2 Administrative and Support Services 69.2 Information 70.3 Professional, Scientific, and Technical Services 71.4 Finance and Insurance 72.5

Construction Metros With Similar Conditions

Metros within 5 points of Manchester-Nashua's 50.7 score. Useful when comparing markets with comparable entry profiles.

Jefferson City, MO 50.8 #201/342 Bloomington, IL 50.9 #202/342 Pittsburgh, PA 50.9 #203/342 Peoria, IL 50.9 #204/342 Redding, CA 50.9 #205/342 Casper, WY 51.0 #206/342 Buffalo-Cheektowaga, NY 51.1 #207/342 Abilene, TX 50.3 #199/342 Mankato, MN 51.1 #208/342 Slidell-Mandeville-Covington, LA 50.3 #198/342

Construction in States Bordering New Hampshire

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

Maine 35.5 #13/51 Vermont 40.0 #21/51 Massachusetts 41.5 #23/51

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 Manchester-Nashua's construction sector, the wage competitiveness component (90.3) 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 Manchester-Nashua, NH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment