NAICS 53

Real Estate and Rental and Leasing in Florence-Muscle Shoals, AL

Metro Market Score 26.8 (Favorable), ranked #51 of 330 metros. 180 establishments, 600 jobs.

Metro Market Assessment

Metro Market Score 26.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

ⓘ Lower is better. Relative to national real estate and rental and leasing average.

✓Favorable Market

Florence-Muscle Shoals ranks in the top quartile for real estate and rental and leasing market conditions, driven by above-average employment growth. With a market score of 26.8, conditions are relatively favorable compared to most metros.

Industry Concentration
38.2
LQ: 0.70
Rank #126 of 330 metros
Wage Competitiveness
15.8
$46,961 avg wage
Growth Trend
↑ 65.5
Employment growth index
Rank #115 of 330 metros
Wage Pressure
14.6
YoY wage change index

180 Real Estate and Rental and Leasing Firms in Florence-Muscle Shoals

180
Establishments
+2.3% YoY
600
Total Employment
+2.2% YoY
$46,961
Average Annual Wage
+1.7% YoY
0.70
Location Quotient
Below national avg

Florence-Muscle Shoals vs Alabama Statewide

How this metro's real estate and rental and leasing market compares to Alabama overall. The state ranks #13/51 for entry risk.

Measure Florence-Muscle Shoals AL Statewide
Overall Score 26.8 Favorable 31.9 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #51 of 330 metros #13 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 Florence-Muscle Shoals

Other Services 29.4 Information 29.8 Accommodation and Food Services 40.7 Construction 41.5 Finance and Insurance 43.2 Healthcare and Social Assistance 43.7 Administrative and Support Services 46.7 Retail Trade 61.9

Real Estate and Rental and Leasing in Other Alabama Metros

Decatur 18.2 #17/330 Anniston-Oxford 18.4 #19/330 Auburn-Opelika 25.5 #44/330 Gadsden 28.8 #61/330 Huntsville 40.2 #139/330 Dothan 41.1 #153/330 Birmingham 51.5 #227/330 Mobile 60.5 #277/330 Daphne-Fairhope-Foley 64.4 #297/330

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 Florence-Muscle Shoals's real estate and rental and leasing sector, the employment growth component (34.5) 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.