NAICS 53

Real Estate and Rental and Leasing in Hot Springs, AR

Metro Market Score 40.3 (Moderate), ranked #142 of 330 metros. 174 establishments, 447 jobs.

Metro Market Score 40.3

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

Labor costs are a clear advantage in Hot Springs's real estate and rental and leasing sector. The wage competitiveness index of 7.9 puts it among the lowest-cost metros, and wage pressure at 21.1 suggests that gap is holding steady.

Industry Concentration

47.0

LQ: 0.76

Rank #155 of 330 metros

Wage Competitiveness

7.9

$44,624 avg wage

Growth Trend

↓ 25.4

Employment growth index

Rank #247 of 330 metros

Wage Pressure

21.1

YoY wage change index

174 Real Estate and Rental and Leasing Firms in Hot Springs

174

Establishments

-1.7% YoY

447

Total Employment

-2.2% YoY

$44,624

Average Annual Wage

+6.6% YoY

0.76

Location Quotient

Below national avg

Within Arkansas

#2 of 4

real estate and rental and leasing metros in state

Arkansas state rank

#12 of 51

for real estate and rental and leasing entry risk

vs State Median

-1.8

better than median (42.1)

Hot Springs vs Arkansas Statewide

How this metro's real estate and rental and leasing market compares to Arkansas overall. The state ranks #12/51 for entry risk.

Measure	Hot Springs	AR Statewide
Overall Score	40.3 Moderate	30.5 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#142 of 330 metros	#12 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 Hot Springs

Information 22.1 Other Services 22.9 Administrative and Support Services 30.4 Professional, Scientific, and Technical Services 35.5 Construction 36.8 Finance and Insurance 53.0 Accommodation and Food Services 62.0 Healthcare and Social Assistance 66.8 Retail Trade 71.6

Real Estate and Rental and Leasing in Other Arkansas Metros

Fort Smith 39.1 #133/330 Fayetteville-Springdale-Rogers 42.1 #162/330 Jonesboro 50.5 #219/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Hot Springs's 40.3 score. Useful when comparing markets with comparable entry profiles.

Springfield, MO 40.3 #141/330 Binghamton, NY 40.2 #140/330 Yuba City, CA 40.3 #143/330 Huntsville, AL 40.2 #139/330 Dayton-Kettering-Beavercreek, OH 40.5 #144/330 Yakima, WA 40.5 #145/330 Harrisonburg, VA 40.5 #146/330 Corvallis, OR 40.1 #138/330 Pinehurst-Southern Pines, NC 40.1 #137/330 Iowa City, IA 40.0 #136/330

Real Estate and Rental and Leasing in States Bordering Arkansas

State-level entry risk for real estate and rental and leasing in adjacent states. Use this to weigh cross-border options.

Mississippi 30.0 #8/51 Tennessee 37.2 #18/51 Missouri 39.2 #25/51 Texas 41.4 #28/51 Oklahoma 42.0 #30/51 Louisiana 44.5 #34/51

Browse Real Estate and Rental and Leasing in Other States

State-level entry risk reports for real estate and rental and leasing across all 51 markets, sorted by rank.

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 Hot Springs's real estate and rental and leasing sector, the employment growth component (74.5) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Hot Springs, AR MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment