NAICS 44-45

Retail Trade in Hanford-Corcoran, CA

Metro Market Score 55.6 (Challenging), ranked #204 of 378 metros. 292 establishments, 4,316 jobs.

Metro Market Assessment

Metro Market Score 55.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

ⓘ Lower is better. Relative to national retail trade average.

⚡Rising Wages

Wage costs in Hanford-Corcoran's retail trade sector are well above the metro average, with wage competitiveness at 71.4 and rising pressure at 73.1. New entrants should factor higher labor costs into their financial projections for this market.

Industry Concentration
3.7
LQ: 0.85
Rank #14 of 378 metros
Wage Competitiveness
71.4
$40,271 avg wage
Growth Trend
↓ 25.9
Employment growth index
Rank #281 of 378 metros
Wage Pressure
73.1
YoY wage change index

292 Retail Trade Firms in Hanford-Corcoran

292
Establishments
-0.3% YoY
4,316
Total Employment
-1.6% YoY
$40,271
Average Annual Wage
+2.2% YoY
0.85
Location Quotient
Below national avg

Hanford-Corcoran vs California Statewide

How this metro's retail trade market compares to California overall. The state ranks #28/51 for entry risk.

Measure Hanford-Corcoran CA Statewide
Overall Score 55.6 Challenging 44.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #204 of 378 metros #28 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 Hanford-Corcoran

Professional, Scientific, and Technical Services 29.6 Real Estate and Rental and Leasing 29.8 Other Services 31.1 Healthcare and Social Assistance 31.8 Construction 39.7 Information 42.6 Administrative and Support Services 48.0 Finance and Insurance 50.3 Accommodation and Food Services 50.6

Retail Trade in Other California Metros

Fresno 35.8 #28/378 Visalia 38.4 #39/378 Napa 38.8 #43/378 Santa Maria-Santa Barbara 51.6 #157/378 El Centro 53.6 #180/378 Salinas 53.7 #184/378 Merced 56.2 #211/378 Bakersfield-Delano 56.4 #213/378 Yuba City 56.6 #215/378 Riverside-San Bernardino-Ontario 58.5 #239/378

+ 14 more metros. View all in California →

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 Hanford-Corcoran's retail trade sector, the employment growth component (74.1) 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.