NAICS 53

Real Estate and Rental and Leasing in Flagstaff, AZ

Metro Market Score 32.0 (Favorable), ranked #80 of 330 metros. 276 establishments, 893 jobs.

Metro Market Assessment

Metro Market Score 32.0
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.

📈Rapid Growth

Flagstaff 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 32.0, conditions are relatively favorable compared to most metros.

Industry Concentration
62.7
LQ: 0.87
Rank #207 of 330 metros
Wage Competitiveness
47.3
$54,315 avg wage
Growth Trend
↑ 94.5
Employment growth index
Rank #19 of 330 metros
Wage Pressure
14.4
YoY wage change index

276 Real Estate and Rental and Leasing Firms in Flagstaff

276
Establishments
+1.5% YoY
893
Total Employment
+11.3% YoY
$54,315
Average Annual Wage
+1.6% YoY
0.87
Location Quotient
Below national avg

Flagstaff vs Arizona Statewide

How this metro's real estate and rental and leasing market compares to Arizona overall. The state ranks #46/51 for entry risk.

Measure Flagstaff AZ Statewide
Overall Score 32.0 Favorable 52.4 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #80 of 330 metros #46 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 Flagstaff

Administrative and Support Services 21.1 Construction 22.3 Professional, Scientific, and Technical Services 26.5 Information 27.1 Finance and Insurance 42.6 Healthcare and Social Assistance 47.6 Other Services 53.3 Retail Trade 64.4 Accommodation and Food Services 67.0

Real Estate and Rental and Leasing in Other Arizona Metros

Yuma 24.6 #41/330 Lake Havasu City-Kingman 29.9 #68/330 Sierra Vista-Douglas 37.1 #113/330 Prescott Valley-Prescott 48.0 #202/330 Tucson 53.3 #241/330 Phoenix-Mesa-Chandler 60.1 #274/330

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 Flagstaff's real estate and rental and leasing sector, the industry concentration component (62.7) 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.