NAICS 23

Construction in Corvallis, OR

Metro Market Score 45.0 (Moderate), ranked #146 of 342 metros. 239 establishments, 1,271 jobs.

Metro Market Score 45.0

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national construction average.

Corvallis's construction sector saw employment decline over the past year (growth trend: 13.4). That contraction, combined with a 45.0 market score, puts this metro in the upper half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

7.3

LQ: 0.63

Rank #25 of 342 metros

Wage Competitiveness

38.3

$69,858 avg wage

Growth Trend

↓ 13.4

Employment growth index

Rank #297 of 342 metros

Wage Pressure

38.1

YoY wage change index

239 Construction Firms in Corvallis

239

Establishments

-0.4% YoY

1,271

Total Employment

-3.1% YoY

$69,858

Average Annual Wage

+6.2% YoY

0.63

Location Quotient

Below national avg

Within Oregon

#2 of 8

construction metros in state

Oregon state rank

#44 of 51

for construction entry risk

vs State Median

-9.8

better than median (54.8)

Corvallis vs Oregon Statewide

How this metro's construction market compares to Oregon overall. The state ranks #44/51 for entry risk.

Measure	Corvallis	OR Statewide
Overall Score	45.0 Moderate	54.8 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#146 of 342 metros	#44 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 Corvallis

Finance and Insurance 39.1 Real Estate and Rental and Leasing 40.1 Retail Trade 52.9 Other Services 60.1 Accommodation and Food Services 61.1 Healthcare and Social Assistance 61.2 Information 66.2 Professional, Scientific, and Technical Services 69.4

Construction in Other Oregon Metros

Grants Pass 36.8 #76/342 Bend 47.8 #171/342 Eugene-Springfield 53.9 #233/342 Medford 54.8 #243/342 Albany 56.4 #259/342 Salem 63.0 #299/342 Portland-Vancouver-Hillsboro 67.3 #320/342

Construction Metros With Similar Conditions

Metros within 5 points of Corvallis's 45.0 score. Useful when comparing markets with comparable entry profiles.

Crestview-Fort Walton Beach-Destin, FL 44.9 #145/342 Farmington, NM 45.2 #147/342 Monroe, MI 45.3 #148/342 Decatur, AL 45.4 #149/342 Pensacola-Ferry Pass-Brent, FL 45.4 #150/342 Grand Forks, ND 45.5 #151/342 Owensboro, KY 44.5 #144/342 Texarkana, TX 44.4 #143/342 Amherst Town-Northampton, MA 44.4 #142/342 Janesville-Beloit, WI 44.4 #141/342

Construction in States Bordering Oregon

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

Nevada 39.8 #20/51 California 47.8 #32/51 Washington 58.1 #46/51 Idaho 58.4 #48/51

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 Corvallis's construction sector, the employment growth component (86.5) 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 Corvallis, OR MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment