NAICS 23
Construction in Lynchburg, VA
Metro Market Score 47.1 (Moderate), ranked #165 of 342 metros. 766 establishments, 5,705 jobs.
Metro Market Assessment
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
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
Construction in Other Virginia Metros
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.