NAICS 23

Construction in Lynchburg, VA

Metro Market Score 47.1 (Moderate), ranked #165 of 342 metros. 766 establishments, 5,705 jobs.

Metro Market Score 47.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national construction average.

Construction wages in Lynchburg run well below the metro average (competitiveness index: 23.1), and year-over-year wage pressure is low at 44.7. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration

69.0

LQ: 1.13

Rank #236 of 342 metros

Wage Competitiveness

23.1

$65,527 avg wage

Growth Trend

49.4

Employment growth index

Rank #174 of 342 metros

Wage Pressure

44.7

YoY wage change index

766 Construction Firms in Lynchburg

766

Establishments

-3.4% YoY

5,705

Total Employment

+1.8% YoY

$65,527

Average Annual Wage

+8.9% YoY

1.13

Location Quotient

Above national avg

Within Virginia

#2 of 3

construction metros in state

Virginia state rank

#18 of 51

for construction entry risk

vs State Median

0.0

matches median (47.1)

Lynchburg vs Virginia Statewide

How this metro's construction market compares to Virginia overall. The state ranks #18/51 for entry risk.

Measure	Lynchburg	VA Statewide
Overall Score	47.1 Moderate	39.0 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#165 of 342 metros	#18 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 Lynchburg

Administrative and Support Services 26.6 Other Services 43.0 Accommodation and Food Services 52.7 Retail Trade 57.5 Professional, Scientific, and Technical Services 57.8

Construction in Other Virginia Metros

Harrisonburg 38.2 #89/342 Charlottesville 52.9 #223/342

Construction Metros With Similar Conditions

Metros within 5 points of Lynchburg's 47.1 score. Useful when comparing markets with comparable entry profiles.

Flint, MI 47.1 #164/342 Cleveland, OH 47.0 #163/342 Green Bay, WI 47.3 #166/342 Missoula, MT 47.4 #167/342 Santa Cruz-Watsonville, CA 47.5 #168/342 Victoria, TX 47.7 #169/342 Rapid City, SD 47.7 #170/342 Bend, OR 47.8 #171/342 Stockton-Lodi, CA 46.4 #161/342 Cape Coral-Fort Myers, FL 46.4 #162/342

Construction in States Bordering Virginia

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

Tennessee 34.8 #10/51 Maryland 35.0 #12/51 North Carolina 38.2 #15/51 Kentucky 39.8 #19/51 West Virginia 49.5 #35/51 District of Columbia 56.9 #45/51

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 Lynchburg's construction sector, the industry concentration component (69.0) 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 Lynchburg, VA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment