NAICS 23

Construction in Akron, OH

Metro Market Score 49.8 (Challenging), ranked #188 of 342 metros. 1,512 establishments, 14,630 jobs.

Metro Market Assessment

Metro Market Score 49.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national construction average.

Akron's construction market sits near the national metro median, ranking #188 of 342 with a market score of 49.8. No single metric stands out as an outlier, which means entry conditions depend more on your specific business model than on broad market forces.

Industry Concentration
34.8
LQ: 0.88
Rank #119 of 342 metros
Wage Competitiveness
72.8
$77,867 avg wage
Growth Trend
48.3
Employment growth index
Rank #178 of 342 metros
Wage Pressure
36.6
YoY wage change index

1,512 Construction Firms in Akron

1,512
Establishments
+0.8% YoY
14,630
Total Employment
+1.7% YoY
$77,867
Average Annual Wage
+5.6% YoY
0.88
Location Quotient
Below national avg
Within Ohio
#9 of 11
construction metros in state
Ohio state rank
#24 of 51
for construction entry risk
vs State Median
+3.5
worse than median (46.2)

Akron vs Ohio Statewide

How this metro's construction market compares to Ohio overall. The state ranks #24/51 for entry risk.

Measure Akron OH Statewide
Overall Score 49.8 Challenging 41.7 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #188 of 342 metros #24 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 Akron

Construction in Other Ohio Metros

Construction Metros With Similar Conditions

Metros within 5 points of Akron's 49.8 score. Useful when comparing markets with comparable entry profiles.

Construction in States Bordering Ohio

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 Akron's construction sector, the wage competitiveness component (72.8) 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

Data period: 2024. Last updated: April 2026.