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 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

Within Michigan

#1 of 15

retail trade metros in state

Michigan state rank

#15 of 51

for retail trade entry risk

vs State Median

-25.1

better than median (58.5)

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 →

Retail Trade Metros With Similar Conditions

Metros within 5 points of Niles's 33.4 score. Useful when comparing markets with comparable entry profiles.

Monroe, LA 34.0 #16/378 Tuscaloosa, AL 32.9 #14/378 Spartanburg, SC 34.1 #17/378 Gulfport-Biloxi, MS 34.2 #18/378 Columbia, MO 32.6 #13/378 Ithaca, NY 34.3 #19/378 Dubuque, IA 34.4 #20/378 Huntington-Ashland, WV 32.4 #12/378 Wausau, WI 34.6 #21/378 Laredo, TX 34.6 #22/378

Retail Trade in States Bordering Michigan

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

Wisconsin 33.3 #1/51 Ohio 39.2 #8/51 Indiana 39.8 #10/51

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 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Niles, MI MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment