NAICS 44-45

Retail Trade in Watertown-Fort Drum, NY

Metro Market Score 74.3 (Difficult), ranked #363 of 378 metros. 401 establishments, 5,675 jobs.

Metro Market Assessment

Metro Market Score 74.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national retail trade average.

Rising Wages

With a 1.41 location quotient, Watertown-Fort Drum has an outsized retail trade presence relative to its population. That concentration (index: 92.3) creates a mature local market where supplier networks are established but differentiation matters more.

Industry Concentration
92.3
LQ: 1.41
Rank #349 of 378 metros
Wage Competitiveness
45.2
$37,065 avg wage
Growth Trend
16.9
Employment growth index
Rank #315 of 378 metros
Wage Pressure
75.1
YoY wage change index

401 Retail Trade Firms in Watertown-Fort Drum

401
Establishments
-4.1% YoY
5,675
Total Employment
-2.4% YoY
$37,065
Average Annual Wage
+2.6% YoY
1.41
Location Quotient
Above national avg
Within New York
#12 of 13
retail trade metros in state
New York state rank
#49 of 51
for retail trade entry risk
vs State Median
+10.4
worse than median (63.9)

Watertown-Fort Drum vs New York Statewide

How this metro's retail trade market compares to New York overall. The state ranks #49/51 for entry risk.

Measure Watertown-Fort Drum NY Statewide
Overall Score 74.3 Difficult 57.2 High
Score Type Metro Market Score Entry Risk Score
Rank #363 of 378 metros #49 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 Watertown-Fort Drum

Retail Trade in Other New York Metros

Retail Trade Metros With Similar Conditions

Metros within 5 points of Watertown-Fort Drum's 74.3 score. Useful when comparing markets with comparable entry profiles.

Retail Trade in States Bordering New York

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 Watertown-Fort Drum's retail trade sector, the employment growth component (83.1) 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.