NAICS 23

Construction in Springfield, OH

Metro Market Score 28.4 (Favorable), ranked #31 of 342 metros. 206 establishments, 1,217 jobs.

Metro Market Score 28.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

ⓘ Lower is better. Relative to national construction average.

✓Favorable Market

Labor costs are a clear advantage in Springfield's construction sector. The wage competitiveness index of 18.7 puts it among the lowest-cost metros, and wage pressure at 35.9 suggests that gap is holding steady.

Industry Concentration

3.8

LQ: 0.49

Rank #13 of 342 metros

Wage Competitiveness

18.7

$63,915 avg wage

Growth Trend

48.0

Employment growth index

Rank #179 of 342 metros

Wage Pressure

35.9

YoY wage change index

206 Construction Firms in Springfield

206

Establishments

+3.0% YoY

1,217

Total Employment

+1.6% YoY

$63,915

Average Annual Wage

+5.3% YoY

0.49

Location Quotient

Below national avg

Within Ohio

#1 of 11

construction metros in state

Ohio state rank

#24 of 51

for construction entry risk

vs State Median

-17.8

better than median (46.2)

Springfield vs Ohio Statewide

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

Measure	Springfield	OH Statewide
Overall Score	28.4 Favorable	41.7 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#31 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 Springfield

Professional, Scientific, and Technical Services 24.6 Accommodation and Food Services 32.4 Real Estate and Rental and Leasing 36.0 Information 47.9 Retail Trade 48.5 Healthcare and Social Assistance 52.6 Finance and Insurance 56.8 Other Services 61.5 Administrative and Support Services 66.6

Construction in Other Ohio Metros

Sandusky 32.1 #53/342 Lima 35.9 #70/342 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 Springfield's 28.4 score. Useful when comparing markets with comparable entry profiles.

Las Cruces, NM 28.3 #30/342 Montgomery, AL 28.7 #32/342 Brunswick-St. Simons, GA 28.1 #29/342 Atlantic City-Hammonton, NJ 27.9 #28/342 Joplin, MO 29.0 #33/342 Lawrence, KS 29.3 #34/342 Tallahassee, FL 27.6 #27/342 Hattiesburg, MS 29.3 #35/342 Laredo, TX 29.5 #36/342 Dothan, AL 27.3 #26/342

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 Springfield's construction sector, the employment growth component (52.0) 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 Springfield, OH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment