Minnesota

Cold (14)

Construction Intelligence Dashboard

Construction Employment
148K#21 in US
-8.8% vs national avg
Avg Hourly Wage
$41.60/hr#8 in US
+12.5% vs national avg
Federal Awards
$1.3B#45 in US
Employment per Capita
25.9%#22 in US
Avg Award Size
$9.7K
Market Concentration
Top 5: 25.3%
Did You Know?

Construction workers in Minnesota earn 12% more per hour than the national average.

Construction Employment — Top States

CA
920K
TX
870K
FL
653K
NY
399K
NC
274K
MN
148K

Average Hourly Wage — Top States

AK
$50.92 /hr
MA
$46.00 /hr
HI
$43.67 /hr
DC
$43.55 /hr
CA
$42.58 /hr
MN
$41.60 /hr

Date Range

Federal Contracts

$1.3B

32.0%

Median Home Value

$341K

2.4%

Construction Employment

148,463

Market Demand

Medium42/100

Funding Overview

$122.0Mtotal tracked

Federal Contracts

$1.3B

State DOT Budget

$4K

FederalState

Where the Money Goes

Click a segment to filter awards by agency

Spending by Fiscal Year

Agency Breakdown

$6.9Mtotal awards
Department of Veterans Affairs48%
Department of Transportation25%
Department of the Interior10%
Environmental Protection Agency8%
Other9%

Contractor Market Share

Contractor Market Share

  • MCGOUGH CONSTRUCTION CO., LLC
  • VERSACON, INC.
  • L.S. BLACK CONSTRUCTORS, LLC
  • GCH CONSTRUCTION COMPANY
  • GREENSTONE CONSTRUCTION, INC.
  • Other

Top Contractors

#ContractorAmount
#1MCGOUGH CONSTRUCTION CO., LLC$106.2M
#2VERSACON, INC.$78.3M
#3L.S. BLACK CONSTRUCTORS, LLC$65.9M
#4GCH CONSTRUCTION COMPANY$55.1M
#5GREENSTONE CONSTRUCTION, INC.$53.3M
#6RICHARD GROUP LLC$51.6M
#7MDM CONSTRUCTION LLC$50.0M
#8PREFERRED ELECTRIC, LLC$48.5M
#9L S MARINE INC$48.4M
#10HAMLINE CONSTRUCTION INC$44.0M
#11INDUSTRIAL MAINTENANCE SERVICES INC$38.2M
#12MAX GRAY CONSTRUCTION, INC.$34.5M
#13PWS INC$24.1M
#14ABHE & SVOBODA, INC.$24.0M
#15ROEN SALVAGE CO.$23.4M
#16THE POVOLNY GROUP INC$22.6M
#17HUOT CONSTRUCTION AND SERVICES, INC.$22.1M
#18HERNANDEZ CONSULTING INC.$22.1M
#19DAX/GBAB JV 3, LLC$20.8M
#20MICHELS CONSTRUCTION, INC.$20.8M

Recent Awards(20)

Federal contracts may have multi-year performance periods. Dates reflect the award action date from USAspending.gov.

DateRecipientAmount
Feb 26, 2026$2.9M
Mar 6, 2026$789K
Feb 18, 2026$491K
Mar 2, 2026$450K
Mar 2, 2026$311K
Jan 28, 2026$300K
Jan 14, 2026$275K
Mar 4, 2026$208K
Jan 26, 2026$159K
Feb 26, 2026$158K
Jan 12, 2026$152K
Jun 1, 2026$131K
Jun 1, 2026$119K
Jan 21, 2026$110K
Jan 27, 2026$98K
Mar 4, 2026$69K
Mar 25, 2026$58K
Jan 16, 2026$56K
Jan 27, 2026$52K
Feb 26, 2026$48K

Housing Market

$341K

2.4%

2026-02

Market Intelligence

Medium42/100

Construction Demand

Major National Contractors

FLR

Fluor Corporation

ACM

AECOM

J

Jacobs Solutions

TPC

Tutor Perini

MTZ

MasTec

PWR

Quanta Services

EME

EMCOR Group

GVA

Granite Construction

Workforce

Employment

148,463

Avg Hourly Wage

$41.60

Avg Annual Wage

$86,528

Bridge Conditions

Total Bridges

13,302

Poor Condition

290

2.2% of total

Average Age

47 yrs

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