NAICS 23

Construction in Lima, OH

Metro Market Score 35.9 (Moderate), ranked #70 of 342 metros. 212 establishments, 2,056 jobs.

Metro Market Score 35.9

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national construction average.

🌱Emerging Market

Few construction firms have established themselves in Lima yet. The concentration index of 21.1 is well below the metro median, while employment growth is positive (trend: 57.9). That combination points to a market still building out.

Industry Concentration

21.1

LQ: 0.79

Rank #72 of 342 metros

Wage Competitiveness

39.5

$70,217 avg wage

Growth Trend

↑ 57.9

Employment growth index

Rank #145 of 342 metros

Wage Pressure

40.5

YoY wage change index

212 Construction Firms in Lima

212

Establishments

+1.0% YoY

2,056

Total Employment

+2.9% YoY

$70,217

Average Annual Wage

+7.2% YoY

0.79

Location Quotient

Below national avg

Within Ohio

#3 of 11

construction metros in state

Ohio state rank

#24 of 51

for construction entry risk

vs State Median

-10.3

better than median (46.2)

Lima vs Ohio Statewide

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

Measure	Lima	OH Statewide
Overall Score	35.9 Moderate	41.7 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#70 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 Lima

Finance and Insurance 31.2 Real Estate and Rental and Leasing 34.2 Accommodation and Food Services 35.3 Professional, Scientific, and Technical Services 47.7 Retail Trade 48.2 Administrative and Support Services 57.4 Other Services 58.1 Healthcare and Social Assistance 66.5

Construction in Other Ohio Metros

Springfield 28.4 #31/342 Sandusky 32.1 #53/342 Mansfield 36.0 #71/342 Dayton-Kettering-Beavercreek 46.1 #155/342 Columbus 46.2 #157/342 Canton-Massillon 46.3 #158/342 Cleveland 47.0 #163/342 Akron 49.8 #188/342 Toledo 54.5 #240/342 Youngstown-Warren 61.3 #292/342

Construction Metros With Similar Conditions

Metros within 5 points of Lima's 35.9 score. Useful when comparing markets with comparable entry profiles.

Sheboygan, WI 35.8 #69/342 Mansfield, OH 36.0 #71/342 Wilmington, NC 35.6 #68/342 Ocala, FL 36.4 #72/342 Winston-Salem, NC 35.4 #67/342 Kenosha, WI 35.3 #66/342 Goldsboro, NC 36.6 #73/342 Erie, PA 36.6 #74/342 Tucson, AZ 35.1 #65/342 Dover, DE 36.7 #75/342

Construction in States Bordering Ohio

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

Michigan 28.0 #2/51 Pennsylvania 28.4 #3/51 Indiana 35.0 #11/51 Kentucky 39.8 #19/51 West Virginia 49.5 #35/51

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 Lima's construction sector, the employment growth component (42.1) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Lima, OH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment