NAICS 23

Construction in Janesville-Beloit, WI

Metro Market Score 44.4 (Moderate), ranked #141 of 342 metros. 382 establishments, 4,035 jobs.

Metro Market Assessment

Metro Market Score 44.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national construction average.

💰High-Cost Market📈Rapid Growth

Employment in Janesville-Beloit's construction sector grew faster than most metros last year, pushing its growth trend index to 90.6. Combined with a 44.4 market score, this metro sits in the upper half for overall conditions.

Industry Concentration
65.2
LQ: 1.10
Rank #223 of 342 metros
Wage Competitiveness
77.5
$79,829 avg wage
Growth Trend
↑ 90.6
Employment growth index
Rank #33 of 342 metros
Wage Pressure
29.4
YoY wage change index

382 Construction Firms in Janesville-Beloit

382
Establishments
+3.8% YoY
4,035
Total Employment
+8.8% YoY
$79,829
Average Annual Wage
+2.6% YoY
1.10
Location Quotient
Above national avg

Janesville-Beloit vs Wisconsin Statewide

How this metro's construction market compares to Wisconsin overall. The state ranks #1/51 for entry risk.

Measure Janesville-Beloit WI Statewide
Overall Score 44.4 Moderate 25.1 Low
Score Type Metro Market Score Entry Risk Score
Rank #141 of 342 metros #1 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 Janesville-Beloit

Professional, Scientific, and Technical Services 20.4 Finance and Insurance 32.0 Accommodation and Food Services 34.6 Real Estate and Rental and Leasing 35.5 Other Services 42.1 Administrative and Support Services 44.2 Information 47.3 Retail Trade 55.8 Healthcare and Social Assistance 55.9

Construction in Other Wisconsin Metros

La Crosse-Onalaska 24.1 #16/342 Wausau 30.7 #43/342 Kenosha 35.3 #66/342 Sheboygan 35.8 #69/342 Racine-Mount Pleasant 38.1 #87/342 Eau Claire 41.4 #117/342 Green Bay 47.3 #166/342 Milwaukee-Waukesha 49.1 #179/342 Madison 52.1 #216/342 Fond du Lac 61.7 #296/342

+ 2 more metros. View all in Wisconsin →

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 Janesville-Beloit's construction sector, the wage competitiveness component (77.5) 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.