NAICS 44-45

Retail Trade in Niles, MI

Metro Market Score 33.4 (Favorable), ranked #15 of 378 metros. 498 establishments, 7,096 jobs.

Metro Market Assessment

Metro Market Score 33.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

📈Rapid Growth

Employment in Niles's retail trade sector grew faster than most metros last year, pushing its growth trend index to 91.8. Combined with a 33.4 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration
57.7
LQ: 1.17
Rank #218 of 378 metros
Wage Competitiveness
16.9
$34,508 avg wage
Growth Trend
↑ 91.8
Employment growth index
Rank #32 of 378 metros
Wage Pressure
61.7
YoY wage change index

498 Retail Trade Firms in Niles

498
Establishments
-4.0% YoY
7,096
Total Employment
+2.9% YoY
$34,508
Average Annual Wage
+0.0% YoY
1.17
Location Quotient
Above national avg

Niles vs Michigan Statewide

How this metro's retail trade market compares to Michigan overall. The state ranks #15/51 for entry risk.

Measure Niles MI Statewide
Overall Score 33.4 Favorable 40.5 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #15 of 378 metros #15 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 Niles

Information 20.3 Healthcare and Social Assistance 26.7 Professional, Scientific, and Technical Services 33.3 Real Estate and Rental and Leasing 38.9 Other Services 39.4 Finance and Insurance 44.1 Accommodation and Food Services 49.4 Construction 50.1 Administrative and Support Services 56.2

Retail Trade in Other Michigan Metros

Grand Rapids-Wyoming-Kentwood 37.1 #32/378 Muskegon-Norton Shores 47.1 #100/378 Midland 50.1 #141/378 Ann Arbor 52.6 #169/378 Lansing-East Lansing 55.0 #197/378 Monroe 55.1 #198/378 Battle Creek 58.5 #238/378 Saginaw 60.8 #265/378 Traverse City 61.3 #268/378 Detroit-Warren-Dearborn 63.5 #293/378

+ 4 more metros. View all in Michigan →

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 Niles's retail trade sector, the industry concentration component (57.7) 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.