NAICS 44-45

Retail Trade in Terre Haute, IN

Metro Market Score 57.5 (Challenging), ranked #225 of 378 metros. 537 establishments, 8,060 jobs.

Metro Market Score 57.5

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

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

Terre Haute's retail trade sector saw employment decline over the past year (growth trend: 10.8). That contraction, combined with a 57.5 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

74.6

LQ: 1.25

Rank #282 of 378 metros

Wage Competitiveness

1.6

$31,996 avg wage

Growth Trend

↓ 10.8

Employment growth index

Rank #338 of 378 metros

Wage Pressure

58.5

YoY wage change index

537 Retail Trade Firms in Terre Haute

537

Establishments

-1.3% YoY

8,060

Total Employment

-3.1% YoY

$31,996

Average Annual Wage

-0.6% YoY

1.25

Location Quotient

Above national avg

Within Indiana

#8 of 11

retail trade metros in state

Indiana state rank

#10 of 51

for retail trade entry risk

vs State Median

+1.9

worse than median (55.6)

Terre Haute vs Indiana Statewide

How this metro's retail trade market compares to Indiana overall. The state ranks #10/51 for entry risk.

Measure	Terre Haute	IN Statewide
Overall Score	57.5 Challenging	39.8 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#225 of 378 metros	#10 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 Terre Haute

Construction 64.1

Retail Trade in Other Indiana Metros

Columbus 24.9 #4/378 Bloomington 39.6 #49/378 Indianapolis-Carmel-Greenwood 45.2 #84/378 Elkhart-Goshen 48.1 #111/378 Kokomo 48.8 #118/378 Michigan City-La Porte 55.6 #203/378 Muncie 56.8 #221/378 Fort Wayne 58.3 #232/378 Evansville 59.8 #249/378 South Bend-Mishawaka 60.4 #258/378

Retail Trade Metros With Similar Conditions

Metros within 5 points of Terre Haute's 57.5 score. Useful when comparing markets with comparable entry profiles.

Lynchburg, VA 57.5 #226/378 Mankato, MN 57.4 #224/378 Tampa-St. Petersburg-Clearwater, FL 57.6 #227/378 Sebastian-Vero Beach-West Vero Corridor, FL 57.7 #228/378 Fort Collins-Loveland, CO 57.8 #229/378 Johnstown, PA 57.2 #223/378 Syracuse, NY 57.9 #230/378 Cheyenne, WY 57.1 #222/378 Muncie, IN 56.8 #221/378 Owensboro, KY 56.8 #219/378

Retail Trade in States Bordering Indiana

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

Ohio 39.2 #8/51 Michigan 40.5 #15/51 Kentucky 46.4 #36/51 Illinois 48.1 #39/51

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 Terre Haute's retail trade sector, the employment growth component (89.2) 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 Terre Haute, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment