NAICS 53

Real Estate and Rental and Leasing in Miami-Fort Lauderdale-West Palm Beach, FL

Metro Market Score 60.2 (Difficult), ranked #276 of 330 metros. 16,084 establishments, 77,492 jobs.

Metro Market Assessment

Metro Market Score 60.2
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.

🏭Industry Hub💰High-Cost Market

With a 1.79 location quotient, Miami-Fort Lauderdale-West Palm Beach has an outsized real estate and rental and leasing presence relative to its population. That concentration (index: 97.6) creates a mature local market where supplier networks are established but differentiation matters more.

Industry Concentration
97.6
LQ: 1.79
Rank #322 of 330 metros
Wage Competitiveness
91.8
$75,873 avg wage
Growth Trend
↑ 68.8
Employment growth index
Rank #104 of 330 metros
Wage Pressure
17.6
YoY wage change index

16,084 Real Estate and Rental and Leasing Firms in Miami-Fort Lauderdale-West Palm Beach

16,084
Establishments
-1.1% YoY
77,492
Total Employment
+2.7% YoY
$75,873
Average Annual Wage
+4.0% YoY
1.79
Location Quotient
Above national avg

Miami-Fort Lauderdale-West Palm Beach vs Florida Statewide

How this metro's real estate and rental and leasing market compares to Florida overall. The state ranks #49/51 for entry risk.

Measure Miami-Fort Lauderdale-West Palm Beach FL Statewide
Overall Score 60.2 Difficult 54.7 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #276 of 330 metros #49 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 Miami-Fort Lauderdale-West Palm Beach

Construction 46.4 Healthcare and Social Assistance 52.4 Other Services 59.7 Accommodation and Food Services 61.6 Retail Trade 63.2 Information 64.0 Professional, Scientific, and Technical Services 64.3 Administrative and Support Services 71.7 Finance and Insurance 72.7

Real Estate and Rental and Leasing in Other Florida Metros

Sebring 22.7 #35/330 Tallahassee 35.4 #101/330 Lakeland-Winter Haven 37.1 #112/330 Palm Bay-Melbourne-Titusville 38.7 #126/330 Pensacola-Ferry Pass-Brent 38.8 #129/330 Ocala 39.6 #134/330 Homosassa Springs 44.2 #177/330 Punta Gorda 44.5 #181/330 Deltona-Daytona Beach-Ormond Beach 47.4 #196/330 Gainesville 50.8 #221/330

+ 11 more metros. View all in Florida →

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 Miami-Fort Lauderdale-West Palm Beach's real estate and rental and leasing sector, the industry concentration component (97.6) 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.