NAICS 44-45

Retail Trade in Charleston, WV

Metro Market Score 50.0 (Challenging), ranked #140 of 378 metros. 772 establishments, 10,343 jobs.

Metro Market Assessment

Metro Market Score 50.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

Lower is better. Relative to national retail trade average.

Rising Wages

Retail Trade conditions in Charleston are mixed. The 50.0 market score puts it at #140 of 378, with no metric pulling sharply in either direction. Wages, growth, and competition are all within a normal range for this industry.

Industry Concentration
18.3
LQ: 0.99
Rank #69 of 378 metros
Wage Competitiveness
59.0
$38,670 avg wage
Growth Trend
48.4
Employment growth index
Rank #196 of 378 metros
Wage Pressure
76.2
YoY wage change index

772 Retail Trade Firms in Charleston

772
Establishments
+0.4% YoY
10,343
Total Employment
-0.2% YoY
$38,670
Average Annual Wage
+2.8% YoY
0.99
Location Quotient
Below national avg

Charleston vs West Virginia Statewide

How this metro's retail trade market compares to West Virginia overall. The state ranks #47/51 for entry risk.

Measure Charleston WV Statewide
Overall Score 50.0 Challenging 52.8 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #140 of 378 metros #47 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 Charleston

Retail Trade in Other West Virginia Metros

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 Charleston's retail trade sector, the employment growth component (51.6) 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.