NAICS 23

Construction in Syracuse, NY

Metro Market Score 58.5 (Challenging), ranked #275 of 342 metros. 1,568 establishments, 12,335 jobs.

Metro Market Score 58.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

ⓘ Lower is better. Relative to national construction average.

💰High-Cost Market

Syracuse's construction sector saw employment decline over the past year (growth trend: 15.2). That contraction, combined with a 58.5 market score, puts this metro in the bottom quartile for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

21.9

LQ: 0.79

Rank #75 of 342 metros

Wage Competitiveness

83.3

$82,685 avg wage

Growth Trend

↓ 15.2

Employment growth index

Rank #291 of 342 metros

Wage Pressure

34.0

YoY wage change index

1,568 Construction Firms in Syracuse

1,568

Establishments

-3.2% YoY

12,335

Total Employment

-2.5% YoY

$82,685

Average Annual Wage

+4.5% YoY

0.79

Location Quotient

Below national avg

Within New York

#11 of 12

construction metros in state

New York state rank

#37 of 51

for construction entry risk

vs State Median

+7.1

worse than median (51.5)

Syracuse vs New York Statewide

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

Measure	Syracuse	NY Statewide
Overall Score	58.5 Challenging	51.1 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#275 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 Syracuse

Real Estate and Rental and Leasing 43.9 Other Services 53.0 Accommodation and Food Services 57.6 Information 57.8 Administrative and Support Services 57.8 Retail Trade 57.9 Professional, Scientific, and Technical Services 61.4 Finance and Insurance 68.7

Construction in Other New York Metros

Elmira 31.2 #46/342 Ithaca 31.6 #48/342 Watertown-Fort Drum 42.6 #124/342 Utica-Rome 43.9 #136/342 Binghamton 50.0 #191/342 Buffalo-Cheektowaga 51.1 #207/342 Kingston 51.5 #211/342 Kiryas Joel-Poughkeepsie-Newburgh 53.2 #228/342 Glens Falls 54.5 #238/342 Albany-Schenectady-Troy 55.5 #250/342

+ 1 more metros. View all in New York →

Construction Metros With Similar Conditions

Metros within 5 points of Syracuse's 58.5 score. Useful when comparing markets with comparable entry profiles.

Houma-Bayou Cane-Thibodaux, LA 58.3 #274/342 Fairbanks-College, AK 58.2 #273/342 Lancaster, PA 59.0 #276/342 Lexington Park, MD 58.1 #272/342 Kansas City, MO 57.9 #271/342 Wildwood-The Villages, FL 59.3 #277/342 Michigan City-La Porte, IN 59.4 #278/342 Minneapolis-St. Paul-Bloomington, MN 59.5 #279/342 Yuba City, CA 57.6 #270/342 Rochester, NY 59.5 #280/342

Construction in States Bordering New York

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

Pennsylvania 28.4 #3/51 Vermont 40.0 #21/51 Massachusetts 41.5 #23/51 Connecticut 43.2 #27/51 New Jersey 48.3 #33/51

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 Syracuse's construction sector, the employment growth component (84.8) 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 Syracuse, NY MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment