NAICS 23

Construction in Myrtle Beach-Conway-North Myrtle Beach, SC

Metro Market Score 60.0 (Difficult), ranked #285 of 342 metros. 1,305 establishments, 9,218 jobs.

Metro Market Score 60.0

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national construction average.

Construction wages in Myrtle Beach-Conway-North Myrtle Beach run well below the metro average (competitiveness index: 18.1), and year-over-year wage pressure is low at 37.6. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration

73.7

LQ: 1.22

Rank #252 of 342 metros

Wage Competitiveness

18.1

$63,874 avg wage

Growth Trend

↓ 1.5

Employment growth index

Rank #338 of 342 metros

Wage Pressure

37.6

YoY wage change index

1,305 Construction Firms in Myrtle Beach-Conway-North Myrtle Beach

1,305

Establishments

-28.3% YoY

9,218

Total Employment

-20.7% YoY

$63,874

Average Annual Wage

+6.0% YoY

1.22

Location Quotient

Above national avg

Within South Carolina

#7 of 8

construction metros in state

South Carolina state rank

#30 of 51

for construction entry risk

vs State Median

+10.3

worse than median (49.8)

Myrtle Beach-Conway-North Myrtle Beach vs South Carolina Statewide

How this metro's construction market compares to South Carolina overall. The state ranks #30/51 for entry risk.

Measure	Myrtle Beach-Conway-North Myrtle Beach	SC Statewide
Overall Score	60.0 Difficult	47.0 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#285 of 342 metros	#30 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 Myrtle Beach-Conway-North Myrtle Beach

Other Services 50.7 Professional, Scientific, and Technical Services 54.0 Healthcare and Social Assistance 56.1 Finance and Insurance 57.8 Real Estate and Rental and Leasing 64.2 Information 64.8 Administrative and Support Services 72.8 Retail Trade 77.7 Accommodation and Food Services 86.3

Construction in Other South Carolina Metros

Florence 26.4 #23/342 Columbia 30.8 #44/342 Spartanburg 37.5 #82/342 Greenville-Anderson-Greer 44.2 #139/342 Charleston-North Charleston 49.8 #189/342 Sumter 59.9 #283/342 Hilton Head Island-Bluffton-Port Royal 66.9 #319/342

Construction Metros With Similar Conditions

Metros within 5 points of Myrtle Beach-Conway-North Myrtle Beach's 60.0 score. Useful when comparing markets with comparable entry profiles.

Greeley, CO 60.0 #284/342 Sumter, SC 59.9 #283/342 Augusta-Richmond County, GA 59.8 #282/342 Riverside-San Bernardino-Ontario, CA 60.5 #286/342 Corpus Christi, TX 60.5 #287/342 New Haven, CT 59.5 #281/342 Rochester, NY 59.5 #280/342 Minneapolis-St. Paul-Bloomington, MN 59.5 #279/342 Michigan City-La Porte, IN 59.4 #278/342 Wildwood-The Villages, FL 59.3 #277/342

Construction in States Bordering South Carolina

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

North Carolina 38.2 #15/51 Georgia 42.1 #25/51

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 Myrtle Beach-Conway-North Myrtle Beach's construction sector, the employment growth component (98.5) 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 Myrtle Beach-Conway-North Myrtle Beach, SC MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment