NAICS 23

Construction in Laredo, TX

Metro Market Score 29.5 (Favorable), ranked #36 of 342 metros. 298 establishments, 2,030 jobs.

Metro Market Score 29.5

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 Laredo's construction sector. The wage competitiveness index of 0.6 puts it among the lowest-cost metros, and wage pressure at 33.0 suggests that gap is holding steady.

Industry Concentration

0.9

LQ: 0.36

Rank #3 of 342 metros

Wage Competitiveness

0.6

$51,386 avg wage

Growth Trend

↓ 24.9

Employment growth index

Rank #258 of 342 metros

Wage Pressure

33.0

YoY wage change index

298 Construction Firms in Laredo

298

Establishments

-2.6% YoY

2,030

Total Employment

-0.9% YoY

$51,386

Average Annual Wage

+4.1% YoY

0.36

Location Quotient

Below national avg

Within Texas

#5 of 22

construction metros in state

Texas state rank

#29 of 51

for construction entry risk

vs State Median

-14.9

better than median (44.4)

Laredo vs Texas Statewide

How this metro's construction market compares to Texas overall. The state ranks #29/51 for entry risk.

Measure	Laredo	TX Statewide
Overall Score	29.5 Favorable	46.3 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#36 of 342 metros	#29 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 Laredo

Professional, Scientific, and Technical Services 17.9 Information 26.2 Finance and Insurance 28.6 Real Estate and Rental and Leasing 31.8 Retail Trade 34.6 Other Services 43.1 Accommodation and Food Services 43.7 Healthcare and Social Assistance 46.0 Administrative and Support Services 47.9

Construction in Other Texas Metros

Brownsville-Harlingen 15.4 #5/342 McAllen-Edinburg-Mission 16.4 #6/342 Wichita Falls 19.2 #9/342 Eagle Pass 25.7 #19/342 Longview 33.5 #59/342 College Station-Bryan 34.2 #62/342 Waco 39.8 #107/342 Tyler 41.2 #115/342 Killeen-Temple 42.8 #126/342 Sherman-Denison 43.0 #129/342

+ 11 more metros. View all in Texas →

Construction Metros With Similar Conditions

Metros within 5 points of Laredo's 29.5 score. Useful when comparing markets with comparable entry profiles.

Muncie, IN 29.5 #37/342 Hammond, LA 29.7 #38/342 Hattiesburg, MS 29.3 #35/342 Lawrence, KS 29.3 #34/342 Altoona, PA 29.8 #39/342 Greenville, NC 29.9 #40/342 Iowa City, IA 29.9 #41/342 Joplin, MO 29.0 #33/342 Merced, CA 30.0 #42/342 Montgomery, AL 28.7 #32/342

Construction in States Bordering Texas

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

Arkansas 34.3 #8/51 New Mexico 47.4 #31/51 Oklahoma 52.2 #39/51 Louisiana 53.6 #41/51

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 Laredo's construction sector, the employment growth component (75.2) 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 Laredo, TX MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment