NAICS 53

Real Estate and Rental and Leasing in New Haven, CT

Metro Market Score 75.1 (Difficult), ranked #326 of 330 metros. 608 establishments, 3,983 jobs.

Metro Market Assessment

Metro Market Score 75.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

💰High-Cost Market

Real Estate and Rental and Leasing employment in New Haven contracted year-over-year, placing the growth trend in the bottom 10% at 1.2. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration
67.3
LQ: 0.91
Rank #222 of 330 metros
Wage Competitiveness
96.1
$85,619 avg wage
Growth Trend
1.2
Employment growth index
Rank #327 of 330 metros
Wage Pressure
23.0
YoY wage change index

608 Real Estate and Rental and Leasing Firms in New Haven

608
Establishments
-27.3% YoY
3,983
Total Employment
-19.8% YoY
$85,619
Average Annual Wage
+8.0% YoY
0.91
Location Quotient
Below national avg

New Haven 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 New Haven CT Statewide
Overall Score 75.1 Difficult 45.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #326 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 New Haven

Real Estate and Rental and Leasing in Other Connecticut 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 New Haven's real estate and rental and leasing sector, the employment growth component (98.8) 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.