NAICS 23

Construction in Sherman-Denison, TX

Metro Market Score 43.0 (Moderate), ranked #129 of 342 metros. 330 establishments, 3,653 jobs.

Metro Market Assessment

Metro Market Score 43.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

Lower is better. Relative to national construction average.

📈Rapid Growth

Employment in Sherman-Denison's construction sector grew faster than most metros last year, pushing its growth trend index to 78.4. Combined with a 43.0 market score, this metro sits in the upper half for overall conditions.

Industry Concentration
84.2
LQ: 1.34
Rank #288 of 342 metros
Wage Competitiveness
37.7
$69,757 avg wage
Growth Trend
78.4
Employment growth index
Rank #75 of 342 metros
Wage Pressure
30.1
YoY wage change index

330 Construction Firms in Sherman-Denison

330
Establishments
+2.8% YoY
3,653
Total Employment
+5.6% YoY
$69,757
Average Annual Wage
+2.9% YoY
1.34
Location Quotient
Above national avg
Within Texas
#11 of 22
construction metros in state
Texas state rank
#29 of 51
for construction entry risk
vs State Median
-1.4
better than median (44.4)

Sherman-Denison vs Texas Statewide

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

Measure Sherman-Denison TX Statewide
Overall Score 43.0 Moderate 46.3 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #129 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 Sherman-Denison

Construction in Other Texas Metros

Construction Metros With Similar Conditions

Metros within 5 points of Sherman-Denison's 43.0 score. Useful when comparing markets with comparable entry profiles.

Construction in States Bordering Texas

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

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 Sherman-Denison's construction sector, the industry concentration component (84.2) 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

Data period: 2024. Last updated: April 2026.