NAICS 44-45

Retail Trade in Hammond, LA

Metro Market Score 69.7 (Difficult), ranked #333 of 378 metros. 550 establishments, 6,670 jobs.

Metro Market Assessment

Metro Market Score 69.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national retail trade average.

Hammond is a specialized hub for retail trade, with a location quotient of 1.41 and industry concentration in the bottom 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
92.1
LQ: 1.41
Rank #348 of 378 metros
Wage Competitiveness
25.9
$35,330 avg wage
Growth Trend
12.7
Employment growth index
Rank #331 of 378 metros
Wage Pressure
70.0
YoY wage change index

550 Retail Trade Firms in Hammond

550
Establishments
+0.2% YoY
6,670
Total Employment
-2.8% YoY
$35,330
Average Annual Wage
+1.6% YoY
1.41
Location Quotient
Above national avg
Within Louisiana
#9 of 10
retail trade metros in state
Louisiana state rank
#46 of 51
for retail trade entry risk
vs State Median
+13.0
worse than median (56.7)

Hammond vs Louisiana Statewide

How this metro's retail trade market compares to Louisiana overall. The state ranks #46/51 for entry risk.

Measure Hammond LA Statewide
Overall Score 69.7 Difficult 52.3 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #333 of 378 metros #46 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 Hammond

Retail Trade in Other Louisiana Metros

Retail Trade Metros With Similar Conditions

Metros within 5 points of Hammond's 69.7 score. Useful when comparing markets with comparable entry profiles.

Retail Trade in States Bordering Louisiana

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 Hammond's retail trade sector, the employment growth component (87.3) 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.