NAICS 53

Real Estate and Rental and Leasing in Gadsden, AL

Metro Market Score 28.8 (Favorable), ranked #61 of 330 metros. 82 establishments, 251 jobs.

Metro Market Assessment

Metro Market Score 28.8
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

Real Estate and Rental and Leasing wages in Gadsden run well below the metro average (competitiveness index: 3.9), and year-over-year wage pressure is low at 13.6. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
9.7
LQ: 0.49
Rank #32 of 330 metros
Wage Competitiveness
3.9
$42,757 avg wage
Growth Trend
24.6
Employment growth index
Rank #250 of 330 metros
Wage Pressure
13.6
YoY wage change index

82 Real Estate and Rental and Leasing Firms in Gadsden

82
Establishments
+5.1% YoY
251
Total Employment
-2.3% YoY
$42,757
Average Annual Wage
+1.0% YoY
0.49
Location Quotient
Below national avg

Gadsden 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 Gadsden AL Statewide
Overall Score 28.8 Favorable 31.9 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #61 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 Gadsden

Real Estate and Rental and Leasing in Other Alabama 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 Gadsden's real estate and rental and leasing sector, the employment growth component (75.5) 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.