NAICS 53

Real Estate and Rental and Leasing in Palm Bay-Melbourne-Titusville, FL

Metro Market Score 38.7 (Moderate), ranked #126 of 330 metros. 1,046 establishments, 3,066 jobs.

Metro Market Assessment

Metro Market Score 38.7
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.

Palm Bay-Melbourne-Titusville pairs above-average real estate and rental and leasing concentration (55.8) with positive employment growth (trend: 60.0). The market is competitive but still expanding, leaving room for well-positioned new entrants.

Industry Concentration
55.8
LQ: 0.82
Rank #184 of 330 metros
Wage Competitiveness
35.8
$51,857 avg wage
Growth Trend
↑ 60.0
Employment growth index
Rank #133 of 330 metros
Wage Pressure
19.1
YoY wage change index

1,046 Real Estate and Rental and Leasing Firms in Palm Bay-Melbourne-Titusville

1,046
Establishments
+2.1% YoY
3,066
Total Employment
+1.5% YoY
$51,857
Average Annual Wage
+5.1% YoY
0.82
Location Quotient
Below national avg

Palm Bay-Melbourne-Titusville 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 Palm Bay-Melbourne-Titusville FL Statewide
Overall Score 38.7 Moderate 54.7 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #126 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 Palm Bay-Melbourne-Titusville

Healthcare and Social Assistance 38.4 Finance and Insurance 41.4 Information 42.0 Retail Trade 47.7 Other Services 48.6 Professional, Scientific, and Technical Services 54.1 Accommodation and Food Services 57.6 Construction 64.4 Administrative and Support Services 75.0

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 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 Jacksonville 53.6 #243/330

+ 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 Palm Bay-Melbourne-Titusville's real estate and rental and leasing sector, the industry concentration component (55.8) 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.