NAICS 23

Construction in Cheyenne, WY

Metro Market Score 43.5 (Moderate), ranked #133 of 342 metros. 497 establishments, 3,414 jobs.

Metro Market Score 43.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

ⓘ Lower is better. Relative to national construction average.

📈Rapid Growth

Employment in Cheyenne's construction sector grew faster than most metros last year, pushing its growth trend index to 90.9. Combined with a 43.5 market score, this metro sits in the upper half for overall conditions.

Industry Concentration

84.5

LQ: 1.35

Rank #289 of 342 metros

Wage Competitiveness

45.9

$71,501 avg wage

Growth Trend

↑ 90.9

Employment growth index

Rank #32 of 342 metros

Wage Pressure

41.0

YoY wage change index

497 Construction Firms in Cheyenne

497

Establishments

+4.0% YoY

3,414

Total Employment

+9.0% YoY

$71,501

Average Annual Wage

+7.4% YoY

1.35

Location Quotient

Above national avg

Within Wyoming

#1 of 2

construction metros in state

Wyoming state rank

#49 of 51

for construction entry risk

vs State Median

-7.4

better than median (51.0)

Cheyenne vs Wyoming Statewide

How this metro's construction market compares to Wyoming overall. The state ranks #49/51 for entry risk.

Measure	Cheyenne	WY Statewide
Overall Score	43.5 Moderate	59.3 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#133 of 342 metros	#49 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 Cheyenne

Healthcare and Social Assistance 27.6 Administrative and Support Services 32.8 Real Estate and Rental and Leasing 38.6 Professional, Scientific, and Technical Services 44.3 Other Services 51.8 Retail Trade 57.1 Accommodation and Food Services 60.3 Information 68.2 Finance and Insurance 70.1

Construction in Other Wyoming Metros

Casper 51.0 #206/342

Construction Metros With Similar Conditions

Metros within 5 points of Cheyenne's 43.5 score. Useful when comparing markets with comparable entry profiles.

Rocky Mount, NC 43.5 #134/342 Savannah, GA 43.8 #135/342 Lebanon, PA 43.3 #132/342 Lakeland-Winter Haven, FL 43.2 #131/342 Utica-Rome, NY 43.9 #136/342 Sebastian-Vero Beach-West Vero Corridor, FL 43.9 #137/342 Scranton--Wilkes-Barre, PA 43.2 #130/342 Santa Fe, NM 44.1 #138/342 Greensboro-High Point, NC 43.0 #128/342 Sherman-Denison, TX 43.0 #129/342

Construction in States Bordering Wyoming

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

Nebraska 32.5 #5/51 South Dakota 34.7 #9/51 Utah 40.1 #22/51 Montana 45.0 #28/51 Colorado 53.2 #40/51 Idaho 58.4 #48/51

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 Cheyenne's construction sector, the industry concentration component (84.5) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Cheyenne, WY MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment