NAICS 23

Construction in Cleveland, TN

Metro Market Score 57.5 (Challenging), ranked #267 of 342 metros. 240 establishments, 2,201 jobs.

Metro Market Assessment

Metro Market Score 57.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national construction average.

Construction employment in Cleveland contracted year-over-year, placing the growth trend in the bottom quartile at 0.9. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration
49.7
LQ: 0.97
Rank #170 of 342 metros
Wage Competitiveness
61.1
$74,925 avg wage
Growth Trend
0.9
Employment growth index
Rank #340 of 342 metros
Wage Pressure
0.2
YoY wage change index

240 Construction Firms in Cleveland

240
Establishments
+6.2% YoY
2,201
Total Employment
-24.8% YoY
$74,925
Average Annual Wage
-9.4% YoY
0.97
Location Quotient
Below national avg

Cleveland vs Tennessee Statewide

How this metro's construction market compares to Tennessee overall. The state ranks #10/51 for entry risk.

Measure Cleveland TN Statewide
Overall Score 57.5 Challenging 34.8 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #267 of 342 metros #10 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 Cleveland

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 Cleveland's construction sector, the employment growth component (99.1) 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

Data period: 2024. Last updated: April 2026.