NAICS 53

Real Estate and Rental and Leasing in Illinois: 2026 Market Risk Report

Entry risk 44.3 (Elevated), ranked #33 of 51 states. 13,943 establishments, 79,786 jobs.

Entry Risk Assessment

Entry Risk Score 44.3
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

Illinois's real estate and rental and leasing sector shows high establishment density (top 10 nationally) paired with firm retention in the bottom 10. This combination indicates elevated competitive pressure on new market entrants.

5-Year Firm Retention
17.6%
Percentile within industry
Rank #43 of 51 states
Growth Momentum
20.5
Scale of 0-100
Rank #46 of 51 states
Establishment Density
12.2
vs. national average
Rank #9 of 51 states
Market Volatility
17.0
Lower is more stable
Wage Pressure Index
34.1
Labor cost pressure

13,943 Establishments in Illinois

13,943
Establishments
-0.2% YoY
79,786
Total Employment
-2.0% YoY
$89,068
Average Annual Wage
+2.7% YoY

Illinois vs National Real Estate and Rental and Leasing Average

How Illinois's real estate and rental and leasing market compares to the national average across all 51 states.

Metric IL National Difference
Entry Risk Score 44.3 40.5 +3.8
5-Year Retention 17.6% 51.0% -33.4
Growth Momentum 20.5 39.4 -18.9
Market Volatility 17.0 22.1 -5.1
Establishment Density 12.2 34.1 -21.9
Wage Pressure 34.1 45.1 -11.0

Green = favorable vs national average. Red = less favorable. Metrics are relative within real estate and rental and leasing only.

Illinois Ranks #33 of 51 for Real Estate and Rental and Leasing

Illinois ranks #33 out of 51 states for real estate and rental and leasing market entry conditions.

Real Estate and Rental and Leasing Entry Risk by State

Rank State Risk Score Classification
#1 Pennsylvania 24.5 low
#2 Wisconsin 26.0 low
#3 Nebraska 26.3 low
#4 South Dakota 26.4 low
#5 Massachusetts 27.7 low
#33 Illinois You 44.3 elevated
Entry Risk by State Alaska — 34.9 · #15 Alabama — 31.9 · #13 Arkansas — 30.5 · #12 Arizona — 52.4 · #46 California — 47.1 · #39 Colorado — 52.1 · #44 Connecticut — 45.9 · #37 District of Columbia — 38.5 · #24 Delaware — 53.2 · #47 Florida — 54.7 · #49 Georgia — 51.6 · #43 Hawaii — 60.3 · #50 Iowa — 35.6 · #16 Idaho — 43.4 · #32 Illinois — 44.3 · #33 Indiana — 30.2 · #10 Kansas — 41.4 · #29 Kentucky — 30.3 · #11 Louisiana — 44.5 · #34 Massachusetts — 27.7 · #5 Maryland — 50.4 · #42 Maine — 28.3 · #6 Michigan — 39.3 · #26 Minnesota — 42.1 · #31 Missouri — 39.2 · #25 Mississippi — 30.0 · #8 Montana — 37.5 · #20 North Carolina — 38.1 · #23 North Dakota — 54.3 · #48 Nebraska — 26.3 · #3 New Hampshire — 29.6 · #7 New Jersey — 37.3 · #19 New Mexico — 52.3 · #45 Nevada — 61.9 · #51 New York — 37.6 · #21 Ohio — 33.2 · #14 Oklahoma — 42.0 · #30 Oregon — 44.8 · #35 Pennsylvania — 24.5 · #1 Rhode Island — 37.8 · #22 South Carolina — 44.9 · #36 South Dakota — 26.4 · #4 Tennessee — 37.2 · #18 Texas — 41.4 · #28 Utah — 46.6 · #38 Virginia — 35.6 · #17 Vermont — 30.1 · #9 Washington — 48.0 · #40 Wisconsin — 26.0 · #2 West Virginia — 40.6 · #27 Wyoming — 49.6 · #41
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does Illinois stack up against other states for real estate and rental and leasing?

Select a state above to see the comparison

Real Estate and Rental and Leasing in Neighboring States

How Illinois's real estate and rental and leasing market compares to bordering states.

Wisconsin 26.0 #2/51 Indiana 30.2 #10/51 Kentucky 30.3 #11/51 Iowa 35.6 #16/51 Missouri 39.2 #25/51

Other Industries in Illinois

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Professional, Scientific, and Technical Services → Finance and Insurance → Administrative and Support Services → Information → Other Services →