NAICS 53

Real Estate and Rental and Leasing in Hanford-Corcoran, CA

Metro Market Score 29.8 (Favorable), ranked #67 of 330 metros. 105 establishments, 320 jobs.

Metro Market Assessment

Metro Market Score 29.8
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 Hanford-Corcoran run well below the metro average (competitiveness index: 12.1), and year-over-year wage pressure is low at 12.0. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
4.5
LQ: 0.41
Rank #15 of 330 metros
Wage Competitiveness
12.1
$46,001 avg wage
Growth Trend
↓ 22.4
Employment growth index
Rank #257 of 330 metros
Wage Pressure
12.0
YoY wage change index

105 Real Estate and Rental and Leasing Firms in Hanford-Corcoran

105
Establishments
+5.0% YoY
320
Total Employment
-3.0% YoY
$46,001
Average Annual Wage
-0.2% YoY
0.41
Location Quotient
Below national avg

Hanford-Corcoran vs California Statewide

How this metro's real estate and rental and leasing market compares to California overall. The state ranks #39/51 for entry risk.

Measure Hanford-Corcoran CA Statewide
Overall Score 29.8 Favorable 47.1 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #67 of 330 metros #39 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 Hanford-Corcoran

Professional, Scientific, and Technical Services 29.6 Other Services 31.1 Healthcare and Social Assistance 31.8 Construction 39.7 Information 42.6 Administrative and Support Services 48.0 Finance and Insurance 50.3 Accommodation and Food Services 50.6 Retail Trade 55.6

Real Estate and Rental and Leasing in Other California Metros

El Centro 22.5 #33/330 Fresno 30.3 #72/330 Modesto 35.8 #104/330 Salinas 37.9 #116/330 Merced 38.3 #119/330 Yuba City 40.3 #143/330 Visalia 41.8 #157/330 Redding 43.3 #171/330 Santa Cruz-Watsonville 44.3 #178/330 Bakersfield-Delano 46.5 #188/330

+ 14 more metros. View all in California →

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 Hanford-Corcoran's real estate and rental and leasing sector, the employment growth component (77.6) 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.