NAICS 23

Construction in Ithaca, NY

Metro Market Score 31.6 (Favorable), ranked #48 of 342 metros. 196 establishments, 923 jobs.

Metro Market Assessment

Metro Market Score 31.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

Lower is better. Relative to national construction average.

Construction wages in Ithaca run well below the metro average (competitiveness index: 17.5), and year-over-year wage pressure is low at 43.0. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
1.2
LQ: 0.37
Rank #4 of 342 metros
Wage Competitiveness
17.5
$63,773 avg wage
Growth Trend
38.9
Employment growth index
Rank #210 of 342 metros
Wage Pressure
43.0
YoY wage change index

196 Construction Firms in Ithaca

196
Establishments
-1.5% YoY
923
Total Employment
+0.4% YoY
$63,773
Average Annual Wage
+8.2% YoY
0.37
Location Quotient
Below national avg
Within New York
#2 of 12
construction metros in state
New York state rank
#37 of 51
for construction entry risk
vs State Median
-19.9
better than median (51.5)

Ithaca vs New York Statewide

How this metro's construction market compares to New York overall. The state ranks #37/51 for entry risk.

Measure Ithaca NY Statewide
Overall Score 31.6 Favorable 51.1 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #48 of 342 metros #37 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 Ithaca

Construction in Other New York Metros

Construction Metros With Similar Conditions

Metros within 5 points of Ithaca's 31.6 score. Useful when comparing markets with comparable entry profiles.

Construction in States Bordering New York

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

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 Ithaca's construction sector, the employment growth component (61.1) 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.