NAICS 23

Construction in Seattle-Tacoma-Bellevue, WA

Metro Market Score 74.5 (Difficult), ranked #338 of 342 metros. 12,991 establishments, 119,691 jobs.

Metro Market Assessment

Metro Market Score 74.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national construction average.

💰High-Cost Market

Seattle-Tacoma-Bellevue's construction sector saw employment decline over the past year (growth trend: 12.0). That contraction, combined with a 74.5 market score, puts this metro in the bottom 10% for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
66.7
LQ: 1.10
Rank #228 of 342 metros
Wage Competitiveness
96.8
$92,121 avg wage
Growth Trend
12.0
Employment growth index
Rank #302 of 342 metros
Wage Pressure
36.2
YoY wage change index

12,991 Construction Firms in Seattle-Tacoma-Bellevue

12,991
Establishments
+2.7% YoY
119,691
Total Employment
-4.2% YoY
$92,121
Average Annual Wage
+5.4% YoY
1.10
Location Quotient
Above national avg

Seattle-Tacoma-Bellevue vs Washington Statewide

How this metro's construction market compares to Washington overall. The state ranks #46/51 for entry risk.

Measure Seattle-Tacoma-Bellevue WA Statewide
Overall Score 74.5 Difficult 58.1 High
Score Type Metro Market Score Entry Risk Score
Rank #338 of 342 metros #46 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 Seattle-Tacoma-Bellevue

Construction in Other Washington Metros

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 Seattle-Tacoma-Bellevue's construction sector, the employment growth component (88.0) 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

Data period: 2024. Last updated: April 2026.