NAICS 44-45

Retail Trade in Gadsden, AL

Metro Market Score 41.9 (Moderate), ranked #55 of 378 metros. 400 establishments, 4,813 jobs.

Metro Market Assessment

Metro Market Score 41.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

Lower is better. Relative to national retail trade average.

📈Rapid Growth

Gadsden is a specialized hub for retail trade, with a location quotient of 1.46 and industry concentration in the top quartile. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
93.9
LQ: 1.46
Rank #355 of 378 metros
Wage Competitiveness
4.5
$32,677 avg wage
Growth Trend
85.2
Employment growth index
Rank #57 of 378 metros
Wage Pressure
64.3
YoY wage change index

400 Retail Trade Firms in Gadsden

400
Establishments
+1.0% YoY
4,813
Total Employment
+1.8% YoY
$32,677
Average Annual Wage
+0.5% YoY
1.46
Location Quotient
Above national avg
Within Alabama
#4 of 12
retail trade metros in state
Alabama state rank
#36 of 51
for retail trade entry risk
vs State Median
-9.9
better than median (51.8)

Gadsden vs Alabama Statewide

How this metro's retail trade market compares to Alabama overall. The state ranks #36/51 for entry risk.

Measure Gadsden AL Statewide
Overall Score 41.9 Moderate 46.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #55 of 378 metros #36 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 Gadsden

Retail Trade in Other Alabama Metros

Retail Trade Metros With Similar Conditions

Metros within 5 points of Gadsden's 41.9 score. Useful when comparing markets with comparable entry profiles.

Retail Trade in States Bordering Alabama

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

Browse Retail Trade in Other States

State-level entry risk reports for retail trade 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 Gadsden's retail trade sector, the industry concentration component (93.9) 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.