NAICS 53

Real Estate and Rental and Leasing in Hartford-West Hartford-East Hartford, CT

Metro Market Score 56.6 (Challenging), ranked #257 of 330 metros. 1,196 establishments, 6,871 jobs.

Metro Market Assessment

Metro Market Score 56.6
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

💰High-Cost Market

Hartford-West Hartford-East Hartford scores 56.6 on the Metro Market Score for real estate and rental and leasing, placing it in the bottom quartile. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
44.5
LQ: 0.74
Rank #147 of 330 metros
Wage Competitiveness
92.7
$76,613 avg wage
Growth Trend
↓ 36.7
Employment growth index
Rank #210 of 330 metros
Wage Pressure
16.3
YoY wage change index

1,196 Real Estate and Rental and Leasing Firms in Hartford-West Hartford-East Hartford

1,196
Establishments
-2.2% YoY
6,871
Total Employment
-0.2% YoY
$76,613
Average Annual Wage
+3.0% YoY
0.74
Location Quotient
Below national avg

Hartford-West Hartford-East Hartford vs Connecticut Statewide

How this metro's real estate and rental and leasing market compares to Connecticut overall. The state ranks #37/51 for entry risk.

Measure Hartford-West Hartford-East Hartford CT Statewide
Overall Score 56.6 Challenging 45.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #257 of 330 metros #37 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 Hartford-West Hartford-East Hartford

Construction 52.3 Other Services 59.9 Accommodation and Food Services 60.4 Administrative and Support Services 63.0 Professional, Scientific, and Technical Services 64.8 Retail Trade 66.1 Healthcare and Social Assistance 69.2 Information 69.6 Finance and Insurance 78.3

Real Estate and Rental and Leasing in Other Connecticut Metros

Norwich-New London-Willimantic 26.7 #50/330 Waterbury-Shelton 46.1 #187/330 Bridgeport-Stamford-Danbury 65.2 #302/330 New Haven 75.1 #326/330

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 Hartford-West Hartford-East Hartford's real estate and rental and leasing sector, the wage competitiveness component (92.7) 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.